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Funding
Saudi startup Clinicy raises a seven-figure Series A round
January 8, 2024
The funds will help the company expand its technological reach and improve its capabilities, ultimately accelerating the development of a proprietary interconnected healthtech ecosystem
Chefaa gets $5.25M to fuel expansion into Saudi Arabia
December 17, 2023
The investment comes after Chefaa's successful launch of operations in Saudi Arabia, where the company is now operating in 8 cities
Egypt’s Almouneer gets $3.6M to scale its platform for treating diabetes and obesity
October 31, 2023
The capital raise comes on the heels of significant growth for Almouneer, which is now serving over 120,000 patients through a network of nine hospitals and clinics in Egypt
Deep tech startup XPANCEO raises $40M to develop smart contact lenses
October 16, 2023
After several attempts by other companies to create smart lenses, the XPANCEO team has created and successfully tested three separate prototypes to enable night vision and zoom, real-time health monitoring, and the ability to see video and graphic content in AR. The device, which is the world’s first ultra-thin lens, feels as natural to the ...
P1 Ventures completes the first $25M close of its second fund
September 29, 2023
The US-based and pan-African VC fund invests in early-stage startups building software businesses with regional and global potential
Mubadala invests in Swiss longevity firm Rejuveron
September 16, 2023
As part of the deal, the company will open an Abu Dhabi office to support the region's healthcare innovation strategy
Cairo-based health insurtech SehaTech raises $850K in funding
September 3, 2023
The funding will support the company to expand its team, accelerate product development, and enhance customer service
Digital dental health platform Udenz raises $5M in Series A funding
August 1, 2023
The funds will help UDENZ accelerate its mission to offer Dental Ultra Platform Services free of charge to over 50,000 dentists across the MENA region
Insurtech DESAISIV raises $2M Pre-Seed for further product and expansion
July 26, 2023
This capital infusion will help DESAISIV to invest further in its product development to grow its clientele and expand geographically.
UAE’s Wellx raises $2M Seed to expand its wellness-focused platform with embedded insurance
July 26, 2023
The company will use the funds to strengthen its customer-centric approach, disrupting the insurance industry and providing seamless, personalized insurance experiences that deliver exceptional value to its customers.
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