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Startups in the Middle-East News

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@nkoshak shared
On Oct 2, 2022
RT @adigitaldigest: $176M was invested across 33 MENA-based startups in September. This is almost half of the funding that was recorded in September 2021 (which was an exceptional year globally), but still 7.5x what was invested during September 2020. https://t.co/FRwRQRMph7 https://t.co/VV2LEB0O8A
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Chedid Direct Limited, Lebanon-HQ subsidiary of Chedid Capital, acquired a majority stake in MMR Holding Limited, the parent company of BuyAnyInsurance, UAE-based insurance comparison marketplace, for an undisclosed value. Alteia, France-based vision AI and industrial software company, ...

@nkoshak shared
On Oct 2, 2022
RT @adigitaldigest: $176M was invested across 33 MENA-based startups in September. This is almost half of the funding that was recorded in September 2021 (which was an exceptional year globally), but still 7.5x what was invested during September 2020. https://t.co/FRwRQRMph7 https://t.co/VV2LEB0O8A
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Chedid Direct Limited, Lebanon-HQ subsidiary of Chedid Capital, acquired a majority stake in MMR Holding Limited, the parent company of BuyAnyInsurance, UAE-based insurance comparison ...


@tashapupic shared
On Oct 3, 2022
RT @EntMagazineME: .@MichiganRoss' Stewart Thornhill shares a primer on the lessons that an emerging ecosystem must keep in mind in order to overcome entrepreneurial challenges: https://t.co/ixXKwZSUvl
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Onward And Upward: Four Pointers For Entrepreneurs In Emerging Ecosystems

Onward And Upward: Four Pointers For Entrepreneurs In Emerging Ecosystems

All regions have their own set of challenges, but an expected outcome amongst them is that positive results can lift the morale and outlook of any region.

@tashapupic shared
On Oct 5, 2022
RT @EntMagazineME: As a #digital platform that enables users to co-own properties as their second homes, #Cairo-based #proptech firm Partment is aiming to use its US$1.5 million pre-seed #funding to offer its services to the wider #MENA region as well: https://t.co/14dElkkW3S
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"We Got Funded!" Cairo-Headquartered Proptech Startup Partment Raises US$1.5 Million In Pre-Seed Round As It Gears Up To Scale Across The MENA Region

"We Got Funded!" Cairo-Headquartered Proptech Startup Partment Raises US$1.5 Million In Pre-Seed Round As It Gears Up To Scale Across The MENA Region

Partment is a digital platform that offers users the opportunity to co-own properties as their second homes.

@tashapupic shared
On Sep 30, 2022
RT @EntMagazineME: With a vision to become an #Emirati media company that produces locally made #animated content for the nation's youth, here's what yet-to-be-launched Cino Trends has in store for its future users: https://t.co/jMn87YEYLp
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Startup Spotlight: Emirati Media Company Cino Trends Is On A Mission To Produce UAE-Made Animated Content

Startup Spotlight: Emirati Media Company Cino Trends Is On A Mission To Produce UAE-Made Animated Content

"What inspires us is the youth, since they are the main asset of all economies."

@pbahoshy shared
On Oct 3, 2022
RT @MAGNITT: ⚡️ Q1'22 VS Q3'22. 📊 While Q1'22 sees the lion's share of transactions happen in the year, Q3'22 only records 17% of the total funding raised. 👉 Dive deeper into Q3 data: https://t.co/nVa1y1uYgB #data #venturecapital #q3
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Exits and Funding 2022 YTD: A Story of 3 Quarters

Exits and Funding 2022 YTD: A Story of 3 Quarters

The Emerging Venture Markets have observed some critical shifts in VC dynamics across all 3 quarters this year. While total funding remains on par with that seen in 2021, we break down the ...

@tashapupic shared
On Oct 2, 2022
RT @EntMagazineME: As a #healthtech firm that offers #DNA-based digital twinning to predict and prevent diseases as well as predict adverse drug reactions, #SiliconValley-based @PredictivCare is now making its way to the #UAE: https://t.co/zGp0jZ9C2c
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Startup Spotlight: Silicon Valley-Based Predictiv Is Bringing Its DNA Testing Expertise To The UAE

Startup Spotlight: Silicon Valley-Based Predictiv Is Bringing Its DNA Testing Expertise To The UAE

Conceptualized in July 2020, Predictiv was built with an approach wherein the platform "integrates your health history, your lifestyle, and your genes."

@WamdaME shared
On Oct 5, 2022
Egypt-born SaaS startup @glamera_egy, has raised a Seed round of $1.3 million, led by @Riyadh_Angels, with participation from Techstars Accelerator, Ithraa Venture Capital, 100 Ventures, Silicon Valley Venture "Lucrative Ventures" & Super Angel Investors https://t.co/IWBBDADKWC
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Glamera secures $1.3 million Seed round

Glamera secures $1.3 million Seed round

Egypt-born SaaS startup Glamera, has raised a Seed round of $1.3 million, led by Riyadh Angels Investors (RAI), with participation from...

@WamdaME shared
On Oct 4, 2022
Iraq-based incubator @KAPITAiq, has announced that its Iraqi Angel Investment Network (IAIN), has helped six startups to raise more than $1 million worth of investments. #startups #investment #Iraq https://t.co/CbNVaIhgW1
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Iraq Angel Investors Network helps local startups raise $1 million in investment

Iraq Angel Investors Network helps local startups raise $1 million in investment

Iraq-based incubator KAPITA, has announced that its Iraqi Angel Investment Network (IAIN), has helped six startups to raise more than $1...

@tashapupic shared
On Oct 3, 2022
RT @wissamyounane: Move Over, Super Apps- The MEA Needs Ultra Platforms That Have User Experience At Their Centers https://t.co/1FFdUzqdai by @abdallahabushkh via @EntMagazineME
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Five Considerations For Entrepreneurs Wanting To Take Their Startups To The Next Level

Five Considerations For Entrepreneurs Wanting To Take Their Startups To The Next Level

Startups do not always make it- but most fail for various avoidable reasons. Here are five such considerations to keep in mind.

@startupsceneme shared
On Oct 4, 2022
Founded in 2020 by Mohammed Alaiban and Hamzah Alghamdi, @tryNearpay partners with merchants, payment providers and startups to enable easy mobile-based soft point of sale services. https://t.co/ONwpYVx4xI
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Saudi-Based Fintech Startup NearPay Raises $3.6 Million Pre-Series A

Saudi-Based Fintech Startup NearPay Raises $3.6 Million Pre-Series A

The new funding will be used to enhance the startup’s offering and expand the team to cope with increased demand.

@ArabNetME shared
On Oct 1, 2022
Behind the scenes of the POSRocket #acquisition https://t.co/HDk3H7VXgu
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Behind the scenes of the POSRocket acquisition

Behind the scenes of the POSRocket acquisition

In January 2022, Saudi Arabia-based fintech and foodtech startup Foodics announced it had acquired Jordan-based point of sale provider...

@startupsceneme shared
On Oct 5, 2022
Last night at the foot of the Great Pyramid of Giza, Algebra Ventures - a leading venture capital fund in Egypt - celebrated their 6th anniversary with the announcement of a new $100 million fund, surpassing their initial target of $90 million. https://t.co/iXr4n9YY5q
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Egyptian VC Fund Algebra Ventures Finalises First Close of Second Fund

Egyptian VC Fund Algebra Ventures Finalises First Close of Second Fund

The VC plans to invest $15 million by the end of this year, and reach the final close of the fund by the end of Q1 2023.

@startupmgzn shared
On Oct 3, 2022
@andraprbh signs strategic MoU with @Brincbatelco to provide exclusive SME perks for their members. https://t.co/wkVCZebeGf
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Andra PR to provide exclusive SME Perks for Brinc MENA members

Andra PR to provide exclusive SME Perks for Brinc MENA members

Press Release. Andra Public Relations; a Bahrain-based Public Relations firm with a primary focus on finance, technology and specialized sectors signed an MoU with Brinc MENA…

@AP shared
On Oct 1, 2022
An early prototype of Tesla Inc.’s proposed Optimus humanoid robot was unveiled at the company’s artificial intelligence event. But the basic tasks by the robot were far from CEO Elon Musk’s vision of a human-like robot that can change the world. https://t.co/eHs9WA2W7b
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Tesla robot walks, waves, but doesn’t show off complex tasks

Tesla robot walks, waves, but doesn’t show off complex tasks

DETROIT (AP) — An early prototype of Tesla Inc.'s proposed Optimus humanoid robot slowly and awkwardly walked onto a stage, turned, and waved to a cheering crowd at the company's artificial ...

@NYUStern shared
On Oct 3, 2022
"Many of the best highlights of my time at NYU Stern would be either unrecognizable or absent without Professor Pettit" — Prof Nate Pettit is named as one of the MBA class of 2022's favorite professors, via @PoetsAndQuants https://t.co/CcF4VhNw6Q
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Favorite Professors Of The MBA Class Of 2022

Favorite Professors Of The MBA Class Of 2022

They are coaches and champions, opening doors as much as minds. Here are MBA faculty members who've made a difference to the Class of 2022

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