Posts Tagged ‘VC & Capital’


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 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...
Screenshot Jordanian startup accelerator Oasis500 is still active and investing and accelerating startups. Around last week 12 new companies started the process which takes about 3 month with an investment of around 15,000 USD here are the companies 1- 3D Mena 3Dmena.com is an online marketplace and community where you can buy and sell custom products wit...
Screenshot Arabreneur, a pan-Arab initiative that seeks to create an enabling ecosystem for young Arab entrepreneurs, today announced its second cycle of investments in three high-growth Palestinian start-ups. The announcement was made on the sidelines of the ArabNet Digital Summit 2014 currently underway at Atlantis – The Palm in Dubai. The three...
Screenshot Zameen.com, Pakistan’s leading property portal, has closed a venture round with Singapore-based Catcha Group and Frontier Digital Ventures. Following this deal, both Catcha Group and Frontier Digital Ventures have acquired a substantial but non-controlling interest in Zameen.com. Zameen.com was founded in 2006 by two Pakistani entrepreneur ...
Screenshot Procured Health, a startup that offers help to hospitals better discover, evaluate and adopt quality medical device has raised $4 million in Serias A funds from health care-focused firm FCA Venture Partners. Procured Health is cofounded by Egyptian entrepreneur CEO of the company Hani Elias, it also previously raised $1.1 million in seed fun...
Screenshot If you open TechCrunch you will read investment news almost everyday, in the Arab world that is not the case, We have many early and seed stage startups but not much VC activities in the region for early and growth stages. So our news today is about  Webedia, a major French Media group editing leading websites such as Purepeole or Puretrends,...
Screenshot Arabreneur announced the first investment of around half a million US Dollars in four Palestinian startups The announcement was made today by Dr. Abdulmalek Al-Jaber, Founder of Arabreneur and MENA Apps, to the media. “We are pleased to announce the first investment of 440 thousand USD in four leading, innovative startups”. Arabreneur, ...
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