MENA

MENA VC Flat6Labs’ new fund to back startups in East, West Africa

Flat6Labs is amongst the most active VCs in Africa, having invested in more than 100 startups to date across the Middle East and North Africa (MENA) region. And now, after 11 years, the Egypt-based se

Palm.hr raises $5M, embarks on MENA growth

A few years ago, Richard Schrems was working as a human resources consultant in Riyadh, and at one point sought to implement a tech solution for his clients to help them better their huge teams, but h

Crypto adoption skyrockets in Middle East and North Africa due to favorable economic climate

Crypto markets grew the most in the Middle East and North Africa in 2022 due to economic incentives and regulation.

Egyptian startup Convertedin raises $3M, caters to e-commerce brands in MENA and Latin America

Convertedin, an Egyptian startup that operates a marketing operating system for e-commerce brands, has raised $3 million in a seed round led by Saudi Arabia-headquartered Merak Capital. Other particip

Egyptian healthtech startup Vezeeta cuts 10% of 500-person staff

Vezeeta, a healthtech startup operating in the Middle East and Africa, reportedly laid off about 10% of its staff last week. The number of affected employees isn’t known; however, multiple sources

Qureos raises $3M to grow its learn to earn platform

Qureos, a UAE-based edtech and remote work marketplace that is changing how people upskill and get jobs across the globe, plans to grow the uptake of its platform by 10 times this year in its race to

Colabs gets $3 million seed to expand across Pakistan, launch back-office SaaS solution

Lahore-based coworking space startup Colabs is set to roll out a SaaS product to enable businesses to meet back-office needs including company registration, talent sourcing and management, payroll pro

Singapore-based Volopay accelerates APAC and MENA expansion with $29M Series A

Volopay, a Singapore-based fintech startup, raised a $29 million Series A in debt and equity financing as it seeks to further expand its footprint in Asia-Pacific, the Middle East and North Africa. 

Egypt-based celebrity platform Minly acquires Dubai’s Oulo to consolidate its position in the GCC

Minly, a MENA-based media and entertainment startup, announced today that it has acquired Oulo, a Dubai-based celebrity shoutout platform, for an undisclosed fee. The acquisition is coming six months

Medal.tv, a video clipping service for gamers, enters the livestreaming market with Rawa.tv acquisition

Medal.tv, a short-form video clipping service and social network for gamers, is entering the livestreaming market with the acquisition of Rawa.tv, a Twitch rival based in Dubai, which had raised aroun

YELA secures $2M to reproduce Cameo’s celebrity success with an app for the Middle East

The Cameo app, where celebrities send video messages to paying fans, has taken off globally. But now the concept is set to come to the Middle East and South Asia. Tech startup YELA has secured $2 mill

Dubai-based buy now, pay later platform tabby raises $50M at $300M valuation

These past few years have seen the emergence of buy now, pay later services worldwide, with leading players raising buttloads of cash to serve an insatiable young adult population who don’t fanc

Egypt’s Minly raises $3.6M to connect celebrities and fans through personalized experiences

In the past couple of years, we’ve seen a growing trend of creators adopting digital and social media, not just as a supplement to their media presence but also as a cornerstone of their persona

Sequoia leads $5M pre-seed in Egypt’s 1-month-old digital bank Telda

Egypt has a population of over 100 million people. The country has a high mobile and internet penetration necessary for a young and tech-savvy population with 61% below 30. But despite its youthful po

After a record year for Israeli startups, 16 investors tell us what’s next

Israel’s startup ecosystem raised record amounts of funding and produced 19 IPOs in 2020, despite the pandemic. Now tech companies across industries are poised for an even better year, according to

Rolling updates on Beirut, a city and a tech community devastated

It was only relatively recently, in October 2018, that TechCrunch held Startup Battlefield MENA to unpack startups in the Middle East and North Africa. When TechCrunch went looking for a city in the r

Here are the companies that pitched in Startup Battlefield MENA

Today in lovely Beirut, Lebanon TechCrunch held its first Startup Battlefield in the country. Over 700 people watched the show on site, which featured speakers from throughout the Middle East and 15 s

Middle East startups are growing fast, and that’s even before the flying taxis arrive

The flight from Tehran to Dubai is about two hours, similar to the flight from New York to Chicago. The flight from Cairo to Beirut is one hour and 15 minutes. In more peaceful times, the drive from B

Founder Institute Quietly Expands Into The Middle East, With Focus On Supporting Female Entrepreneurs

Talk to <a target="_blank" href="http://500.co/">500 Startups'</a> Dave McClure about what's important for his seed fund and accelerator going forward and, it's not just about finding and supporting w

Is The Next Big Game Company In The Middle East? Peak Hits 9.7M DAU, Revenue Up 600% Since Jan. 1

Over the last several months, the biggest Western social gaming companies have been making moves, and attracting attention as a result. Japanese gaming giant <a href="https://techcrunch.com/2012/05/01