Wamda: inspiring, empowering and connecting entrepreneurs
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How can corporate venturing elevate Mena’s entrepreneurial landscape?

Written by Kevin Holliday (Managing Director) and Mohand Nour (Strategy & Partnerships Director) of C3, a UAE-based startup accelerator. The Middle East is home to some of the world’s most prominent sovereign wealth funds. Fuelled by a concerted push for economic diversification and widespread tech adoption, a vibrant venture ecosystem...

Thu Mar 28, 2024 04:03
Lebanon's Garbaliser secures $436,000 investment

Lebanon-based agritech Garbaliser has secured a $436,000 investment from Shark Tank Dubai for a 12 per cent stake in the company.  Founded in 2020 by Hanan Ismail and Zeinab Ismail, Garbaliser eliminates pollution by turning organic waste into liquid, eco-friendly fertiliser. The company will use the funding to extend their operations...

Wed Mar 27, 2024 14:44
ANAVA pledges $4.3 million investment in Africa’s Janngo Capital Startup Fund

Tunisia's fund of funds "ANAVA", managed by Smart Capital, has made a $4.3 million investment in Janngo Capital Startup Fund (JCSF), a technology fund focused on Africa and promoting gender equality. This marks Janngo Capital Partners' second investment vehicle. With a target size of $65 million, the JCSF plans to invest in 25 startups in...

Tue Mar 26, 2024 14:32
Egypt’s Sprints raises $3 million bridge round

Egypt-based edtech Sprints.ai has raised a $3 million bridge round, led by Disruptech Ventures, with investments from EdVentures and CFYE, among other investors.  Founded in 2020 by Ayman Bazaraa and Bassam Sharkawy, Sprints bridges the tech talent gap in the MEA region by preparing qualified talent for the labour market with a guaranteed...

Tue Mar 26, 2024 11:25
Ahlan App lands $3 million investment led by Hope Ventures

Bahrain-based loyalty programme, Ahlan App has raised a $3 million investment at a valuation of $15 million, led by Hope Ventures, along with Al Rajhi Holdings and other angel investors. Launched in 2021 by Faisal Rashed, Ahlan is a loyalty programme and delivery platform that rewards its customers for their loyalty with cashback directly...

Mon Mar 25, 2024 15:20
Tawaref Series: The truth behind Saudi landing hard costs

It is no secret that expansion to Saudi Arabia has become notorious for being extremely costly, with complaints of corporate service providers (CSPs) and law firms charging sky-high fees for landing services rampant among foreign entrepreneurs. At Tawaref, we have heard similar feedback from the tens of startups we meet monthly. By and large, companies...

Mon Mar 25, 2024 03:59

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