These 14 MENA startups raised more than $182 million in September! With land freight startup TruKKer raising $100 million on its own in a Series C round to stimulate growth and penetrate into new and existing markets.
Jordan’s FinTech startup raised $18.5 million in a pre-series B round for its growth and expansion plans. OQ Technology, UAE’s 5G IoT satellite operator, raised $13m in a Series A round to develop new products to engage with Saudi’s local industrial ecosystem.
Eat App, UAE’s restaurant reservations platform raised $11m in a Series B round for its global expansion and product development focused around supporting restaurants and hospitality operators to digitize, manage and optimize the guest experience. Elevatus, interviewing and recruitment software company, raised $10.5m in a Series A funding round to accelerate its business expansion and expand its market share.
The Cloud, UAE’s cloud kitchen platform, raised $10m in a Series A round to continue its expansion in GCC and Europe and increase and accelerate the development of its AI-powered kitchen matching platform. Mazaya, Egypt’s B2B e-commerce marketplace, raised $5m in a pre-seed round to develop and improve its technology, expand its local operations and increase its reach and footprint in rural areas.
Userpilot, Palestine’s SaaS startup, raised $4.6m in a Seed round to build new features that will help companies further reduce customer support and engineering costs. MetaFi, UAE’s metaverse firm, raised $3m in funding to build its first core product, the Trading Metaverse, a new kind of social trading experience governed by its users.
erad, UAE’s alternative growth financing platform and FinTech startup, raised $2.4m in a pre-seed round to enhance the platform and drive the company’s expansion into different markets across the region. Partment, Egypt’s PropTech startup, raised $1.5m in a pre-seed round to enhance the startup’s infrastructure and deploy its MVP.
Nifty Souq, UAE’s NFT marketplace, raised $1.5m in a seed funding round to expand its platform and on tech updates. Ingame Sports, Egypt’s gaming company, raised $1.1m in a pre-seed round to expand through multiple countries and launch add-ons that are built on web3 and blockchain technologies. Another Egyptian startup and investment banking marketplace Exits.me raised $1m also in a pre-seed round.
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