Archive for the ‘VC & Capital’ Category


Screenshot HolidayMe is a Dubai-based online travel start-up which aims to simplify a user’s holiday by offering on-the-go customized travel options and giving the user the ability to design holiday packages or book standalone hotels, sightseeing, activities and transfers for destinations all over the world. Our website offers over 100,000 hotels and over...
Screenshot How many times did you face problems with your car while driving and couldn't figure out what was wrong? How many times were you able to get your car checked in the same time and place where it broke down? How many times did you go to the car repair shop and felt they were overestimating the size of the damage, but didn't have the needed ...
Screenshot Cookpad (TSE:2193) announced today that it reached a definitive agreement to fully acquire Netsila, the Lebanese company behind Shahiya.com, the leading Arabic recipe website, for $13.5 million. Shahiya is the go-to digital cooking destination in the Arab world, with more than 3 million monthly users of which 90% are women; in Saudi Arabia al...
Screenshot Wednesday evening the winner of the Get in the Ring Regional Final of the Middle East, better known as ‘The Olympics for Startups’ was selected in Riyadh, Saudi Arabia. It was the first ever Regional Final of Get in the Ring hosted in the Middle East after Get in the Ring started a strategic partnership with Saudi Telecom Company (STC) i...
Screenshot Wysada, the leading luxury online retailer of home goods, décor and interior furnishings in the Middle East, today announced it has completed a Series A investment round of over $5 million. The round was led by Badia Impact Fund, a venture capital fund belonging to Silicon Badia, a global group of venture funds based in New York City and Jordan,...
Screenshot Middle East Venture Partners (MEVP) has announced that it made 5 new investment in 5 new startups. The startups are" Mobinets raised $3M, Series B, Fuel Powered raised $2M, Series A, FADEL Partners (Undisclosed, Series A), Klangoo raised $1.5M, Series A, Bookwitty ($4M, Series B) closing soon. Here is a quick bio of each of those startups: ...
Screenshot Middle East Venture Partners (MEVP) is one of the Arab world most active Vcs, it announced yesterday that it had raised the largest venture capital fund in Lebanon at $50 million, the fund name is the IMPACT Fund. MEVP said the fund complies with Banque du Liban’s (BDL) Intermediate Circular 331. The Circular was created by BDL specificall...
Screenshot Egyptian Startups accelerator Flat6lab is expanding to Abu Dhabi, UAE after it expanded to Jeddah Saudi Arabia, and they hired Nina Curley the former editor in chief of American government backed Wamda the startups media platform and a VC firm at the same time. After starting her doctoral degree in neuroscience/psychology Nina moved to the A...
Screenshot Investment in the Question Answering Application Coincides with their Release of Kngine 3.0 Which Outperforms Others By a Factor of 3 Kngine announced today it has received a new round of investment from Samsung Open Innovation Center, USA, and Vodafone Ventures Egypt. The investment round aims to help Kngine further revolutionize the question a...
Screenshot Saudi telecom operator Mobily announced today “Mobily Ventures”, that is the Corporate Venture Capital arm of Mobily. Mobily Ventures invests in high-tech startup companies in the Telecommunication, Information Technology, Media and Entertainment industries. The focus will be on Early-Stage and Growth-Stage startups in areas including e-co...
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