Iyris Advanced Desert Greenhouses specializes in agriculture glazing solutions aimed at enhancing crop production in desert environments. The company leverages advanced agroclimatic technology that integrates climate control, plant science, and intelligent control systems to promote sustainable food production in water-scarce regions. By collaborating with leading glass manufacturers, Iyris offers ultra-clear glazing equipped with innovative anti-reflective and light diffusive coatings. This approach not only reduces the carbon and water footprint of agriculture but also empowers local farmers to cultivate food using fewer resources. Iyris is committed to designing sustainable agricultural technologies that effectively address the challenges posed by harsh climates, ultimately lowering costs and improving crop yields.
Hakbah is a Saudi Arabian fintech startup focused on transforming savings habits. It offers a social savings platform that enables users to securely manage and contribute to group savings goals, fostering healthier financial behaviors.
SpiderSilk
Venture Round in 2023
SpiderSilk is a Dubai-based cybersecurity firm founded in 2019, specializing in advanced simulations of cyberattacks to help organizations enhance their security defenses. The company utilizes a combination of proprietary machine-driven technology and human ethical hackers to identify vulnerabilities and security exploits in applications across public and internal infrastructures. By conducting adversarial simulations and continuous scans of the open internet, SpiderSilk enables companies to effectively identify and manage potential threats. Its enterprise security testing services are complemented by robust advisory offerings that provide organizations with valuable insights into areas for improvement and best security practices. SpiderSilk has successfully uncovered critical threats that could have affected over 120 million individuals, demonstrating its significant impact in the cybersecurity landscape.
DRU is a pioneering digital health platform based in the Middle East and Africa (MEA), focusing on diabetes and lifestyle management. Launched in 2023, DRU is the first patient-centric, digitally-enabled platform of its kind in the region. It aids in the prevention and management of diabetes, prediabetes, and obesity by providing users with a comprehensive, all-in-one app to monitor and track their health. Key features include continuous blood sugar and blood pressure level tracking, a digital logbook for medical records, and integration with various monitoring devices. DRU also offers round-the-clock medical support and connects users with a wide network of specialized healthcare providers. The platform is available for download on the Apple Store and Google Play, serving millions of users across Egypt and the MEA region. DRU was founded by Almouneer, a leading digital transformation platform revolutionizing healthcare in the MEA.
Democrance
Venture Round in 2023
Democrance is an insurtech company that builds software to help insurers distribute, service, and administer insurance policies in the Middle East and North Africa. Founded in 2015 and based in Dubai, the company aims to democratize access to insurance by offering a micro-insurance services platform that supports life and health programs, project management, customer management, and claim handling, with delivery via mobile phones. The platform serves insurers and brokers across a broad range of products, from high-ticket policies to micro-insurance, and is designed to reach underinsured and uninsured populations in emerging markets. By simplifying policy access and administration, Democrance enables targeted distribution, better service, and expanded coverage for low-income families and other underserved customers.
Hakbah is a Saudi Arabian fintech startup focused on transforming savings habits. It offers a social savings platform that enables users to securely manage and contribute to group savings goals, fostering healthier financial behaviors.
Yodawy Inc. is a Giza-based company founded in 2018 that specializes in developing a medicine delivery and claims management platform. It enables customers to order pharmaceuticals and personal care products through a mobile app, which facilitates delivery via a network of over 500 pharmacies across Egypt. The platform combines an AI-powered approval engine for insurance claims with features like a digital prescription app and a partner portal. Yodawy collaborates with major insurance carriers to automatically apply insurance and copayment benefits for users, streamlining the medication ordering process and enhancing accessibility for patients seeking home delivery of their prescriptions.
Zid is a cloud-based multi-channel commerce platform tailored for small and medium-sized businesses in Saudi Arabia. Founded in 2017 and headquartered in Riyadh, Zid enables merchants to create their own branded eStores while integrating with various supply chain players. The platform offers a comprehensive suite of tools that allow users to manage products and inventory, process orders and payments, ship products, and build customer relationships. It also provides analytics and reporting features, facilitating data-driven decision-making, and offers access to financing options. Zid's mission is to simplify the entry of retailers into electronic commerce, making it accessible and professional for businesses in the region.
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Nexford University
Series A in 2022
Nexford University is an online higher education institution founded in 2017, based in Washington, D.C. It aims to provide accessible and affordable education tailored to the demands of the global workforce. Serving markets such as the United States, the Philippines, Nigeria, and Egypt, Nexford offers degree programs and courses across various industries, including technology, business, and healthcare. The university's curriculum is designed to align with employer needs, leveraging artificial intelligence to identify and focus on in-demand skills. This approach ensures that learners, particularly from middle-income societies, receive a relevant and dynamic education that prepares them for success in a competitive global job market.
Paymob is a regional digital payments enabler that provides payments infrastructure technologies to expand access to financial services in the MEA region. Founded in 2015 and headquartered in Cairo, Egypt, the company focuses on bridging the financial inclusion gap by enabling businesses of all sizes to accept and process electronic payments and money transfers. Its online payments software converts cash into electronic value through integrated services while reducing fraud, loss, theft, and costs associated with cash handling and printing. By offering adaptable payment solutions, Paymob aims to empower customers with diverse electronic payment options and faster money circulation across communities and markets.
Altibbi Ltd. is a digital health platform based in Dubai, United Arab Emirates, that connects users with healthcare information and services throughout the Middle East. Founded in 2008, Altibbi offers a comprehensive range of resources, including medical articles, videos, a medical dictionary, and an encyclopedia of medicines. The platform addresses various health topics, such as chronic diseases, allergies, and dental issues, providing users with the knowledge they need to make informed health decisions. In addition to informational resources, Altibbi facilitates access to healthcare by allowing users to book appointments with qualified doctors via video calls and translating medical terminology into Arabic. The platform is accessible 24/7 through its website and mobile applications, enhancing healthcare access and quality for users in the region.
Lucky is a financial services company operating an app that offers credit products, discounts, and cashback rewards. It enables users to search, find, coordinate shopping, payments, and savings. Since its inception, Lucky has connected over six million users in the Middle East and North Africa.
Thndr is a financial services company established in 2020 by Seif Amr in Cairo, Egypt. It operates an app-based investment platform designed to facilitate commission-free trading for investors. The platform offers a range of features, including no account minimums, real-time market data, and easy account setup and funding processes. Users can also access the latest financial news and educational tools, empowering them to make informed investment decisions. Thndr aims to simplify the investing process and enhance financial literacy among its users.
Enhance Fitness
Series A in 2021
Enhance Fitness is a technology-driven company that is transforming the personal training sector in the Middle East by offering on-demand access to personal training services across various locations. The company provides a comprehensive software-as-a-service platform designed to streamline the personal training experience for both trainers and clients. Its technology suite includes customer and trainer applications, a certifying trainer academy, and a robust backend for operational management. Additionally, Enhance Fitness features a management control dashboard that offers real-time business insights and facilitates payment processing, thereby supporting gyms, fitness clubs, personal training companies, and individual trainers in optimizing their operations and enhancing service delivery.
Tabby offers flexible payment solutions for online shopping. Based in the United Arab Emirates, it enables users to pay for purchases in deferred single payments or installments.
Arrow Labs
Series A in 2021
Arrow Labs is a mobility software company based in Dubai that develops workforce-focused mobility solutions and wearables-enabled platforms. The company offers modular, machine learning–driven systems to manage field resources and optimize operations for industries including facility management, hospitality, logistics, security, and transportation. Its MIMS mobility platform targets the modern workforce, delivering innovative mobility applications that address niche requirements and scale to provide improved efficiency, productivity, and reduced operating costs.
Yodawy Inc. is a Giza-based company founded in 2018 that specializes in developing a medicine delivery and claims management platform. It enables customers to order pharmaceuticals and personal care products through a mobile app, which facilitates delivery via a network of over 500 pharmacies across Egypt. The platform combines an AI-powered approval engine for insurance claims with features like a digital prescription app and a partner portal. Yodawy collaborates with major insurance carriers to automatically apply insurance and copayment benefits for users, streamlining the medication ordering process and enhancing accessibility for patients seeking home delivery of their prescriptions.
Democrance
Venture Round in 2021
Democrance is an insurtech company that builds software to help insurers distribute, service, and administer insurance policies in the Middle East and North Africa. Founded in 2015 and based in Dubai, the company aims to democratize access to insurance by offering a micro-insurance services platform that supports life and health programs, project management, customer management, and claim handling, with delivery via mobile phones. The platform serves insurers and brokers across a broad range of products, from high-ticket policies to micro-insurance, and is designed to reach underinsured and uninsured populations in emerging markets. By simplifying policy access and administration, Democrance enables targeted distribution, better service, and expanded coverage for low-income families and other underserved customers.
TeamApt is a financial technology company that develops digital banking and payment platform for financial transactions. It offers an end-to-end omnichannel digital banking service called Moneytor Digital Banking, enabling banks to offer retail, merchant, and corporate banking services through digital channels, Aptpay for automation of digital banking business operations, settlements, reconciliations, and tracks digital transformation processes with web and mobile interfaces.
TeamApt was founded in 2015 and is headquartered in Lekki, Lagos, Nigeria.
Minly Ltd is an online platform based in Abu Dhabi, United Arab Emirates, that facilitates connections between celebrities and fans through personalized experiences. Founded in 2020, Minly allows fans to request customized video messages from a variety of celebrities, including actors, singers, and athletes, for special occasions such as birthdays and anniversaries. The platform also supports additional forms of engagement, such as direct text messages and voice notes, enhancing the overall experience for fans. By bridging the gap between celebrities and their admirers, Minly provides unique opportunities for unforgettable interactions. In addition to its core offerings, Minly is committed to making a positive impact by partnering with local non-profit organizations focused on social development and community support in the region.
Nexford University
Seed Round in 2021
Nexford University is an online higher education institution founded in 2017, based in Washington, D.C. It aims to provide accessible and affordable education tailored to the demands of the global workforce. Serving markets such as the United States, the Philippines, Nigeria, and Egypt, Nexford offers degree programs and courses across various industries, including technology, business, and healthcare. The university's curriculum is designed to align with employer needs, leveraging artificial intelligence to identify and focus on in-demand skills. This approach ensures that learners, particularly from middle-income societies, receive a relevant and dynamic education that prepares them for success in a competitive global job market.
Red Sea Farms
Series A in 2021
Red Sea Farms is a company based in Thuwal, Saudi Arabia, specializing in sustainable agriculture solutions tailored for saltwater and desert environments. It focuses on developing innovative technologies that enhance produce cultivation while conserving water and energy. The company offers a range of products and services, including technical consultancy, design, and project management for greenhouse and hydroponic farming systems. With its patent-pending technology, Red Sea Farms aims to enable farms to produce higher quality food more efficiently, ultimately increasing profitability in an environmentally sustainable manner.
Mamo is a Fintech startup based in Dubai, UAE, focused on providing innovative payment and financial solutions tailored for small and medium-sized enterprises (SMEs). The company operates under a Cat 3C Providing Money Services license from the Dubai Financial Services Authority, making it the first licensed Fintech startup in this category in the region. Mamo's flagship offering, Mamo Business, serves as an alternative to traditional banking for SMEs, combining payments, spend management, and analytics into a user-friendly platform. This platform enables businesses to accept payments globally in multiple currencies, manage expenses, and issue virtual cards, thereby streamlining financial operations and enhancing payment success rates. Mamo's diverse customer base includes a variety of sectors, such as B2B services, healthcare, tourism, and retail, making it a crucial partner for businesses looking to optimize their financial processes.
Paymob is a regional digital payments enabler that provides payments infrastructure technologies to expand access to financial services in the MEA region. Founded in 2015 and headquartered in Cairo, Egypt, the company focuses on bridging the financial inclusion gap by enabling businesses of all sizes to accept and process electronic payments and money transfers. Its online payments software converts cash into electronic value through integrated services while reducing fraud, loss, theft, and costs associated with cash handling and printing. By offering adaptable payment solutions, Paymob aims to empower customers with diverse electronic payment options and faster money circulation across communities and markets.
Zid is a cloud-based multi-channel commerce platform tailored for small and medium-sized businesses in Saudi Arabia. Founded in 2017 and headquartered in Riyadh, Zid enables merchants to create their own branded eStores while integrating with various supply chain players. The platform offers a comprehensive suite of tools that allow users to manage products and inventory, process orders and payments, ship products, and build customer relationships. It also provides analytics and reporting features, facilitating data-driven decision-making, and offers access to financing options. Zid's mission is to simplify the entry of retailers into electronic commerce, making it accessible and professional for businesses in the region.
NowPay is a fintech company that develops and operates a platform to improve the financial wellness of corporate employees. The platform enables salary access and early wage payments, allowing employees to receive a portion of their earned wages at any time during the month, with repayment over multiple months via a mobile app. It also includes personal finance management tools for budgeting, saving, spending and borrowing, and provides salary balances and the maximum eligible loan amount. The company partners with employers to deliver these services, aiming to enhance employee happiness, productivity and loyalty. NowPay is based in Cairo, Egypt.
SpiderSilk
Seed Round in 2021
SpiderSilk is a Dubai-based cybersecurity firm founded in 2019, specializing in advanced simulations of cyberattacks to help organizations enhance their security defenses. The company utilizes a combination of proprietary machine-driven technology and human ethical hackers to identify vulnerabilities and security exploits in applications across public and internal infrastructures. By conducting adversarial simulations and continuous scans of the open internet, SpiderSilk enables companies to effectively identify and manage potential threats. Its enterprise security testing services are complemented by robust advisory offerings that provide organizations with valuable insights into areas for improvement and best security practices. SpiderSilk has successfully uncovered critical threats that could have affected over 120 million individuals, demonstrating its significant impact in the cybersecurity landscape.
Buseet
Convertible Note in 2021
Buseet Corporation is a shared mobility startup based in Cairo, Egypt, that specializes in developing an online platform for booking bus rides. Founded in 2016, the platform allows users to easily select their pickup and drop-off points, pay with a credit card, and access information about their driver and bus. Buseet focuses on improving the daily commute for families by offering a one-step booking service that utilizes saved locations and provides options for nearby stations. The platform also features fixed routes and times for air-conditioned buses, along with personalized customer support, enabling users to efficiently plan their daily transportation needs.
Ilara Health
Series A in 2020
Ilara Health develops and distributes AI-powered diagnostic devices for primary care doctors serving rural and peri-urban communities in Africa, with its headquarters in Nairobi, Kenya. The compact devices connect to a proprietary software platform and electronic medical records, recording patient data to support accurate, affordable diagnostics at the point of care. The company aims to expand access to essential diagnostics by targeting the highly fragmented primary care infrastructure and delivering devices directly to clinicians, enabling clinicians to deliver timely, data-backed diagnostic services.
Tabby offers flexible payment solutions for online shopping. Based in the United Arab Emirates, it enables users to pay for purchases in deferred single payments or installments.
Thndr
Funding Round in 2020
Thndr is a financial services company established in 2020 by Seif Amr in Cairo, Egypt. It operates an app-based investment platform designed to facilitate commission-free trading for investors. The platform offers a range of features, including no account minimums, real-time market data, and easy account setup and funding processes. Users can also access the latest financial news and educational tools, empowering them to make informed investment decisions. Thndr aims to simplify the investing process and enhance financial literacy among its users.
Paymob
Venture Round in 2020
Paymob is a regional digital payments enabler that provides payments infrastructure technologies to expand access to financial services in the MEA region. Founded in 2015 and headquartered in Cairo, Egypt, the company focuses on bridging the financial inclusion gap by enabling businesses of all sizes to accept and process electronic payments and money transfers. Its online payments software converts cash into electronic value through integrated services while reducing fraud, loss, theft, and costs associated with cash handling and printing. By offering adaptable payment solutions, Paymob aims to empower customers with diverse electronic payment options and faster money circulation across communities and markets.
Altibbi
Funding Round in 2020
Altibbi Ltd. is a digital health platform based in Dubai, United Arab Emirates, that connects users with healthcare information and services throughout the Middle East. Founded in 2008, Altibbi offers a comprehensive range of resources, including medical articles, videos, a medical dictionary, and an encyclopedia of medicines. The platform addresses various health topics, such as chronic diseases, allergies, and dental issues, providing users with the knowledge they need to make informed health decisions. In addition to informational resources, Altibbi facilitates access to healthcare by allowing users to book appointments with qualified doctors via video calls and translating medical terminology into Arabic. The platform is accessible 24/7 through its website and mobile applications, enhancing healthcare access and quality for users in the region.
Lean Technologies
Seed Round in 2020
Lean Technologies Limited is a FinTech startup founded in 2019 and based in Riyadh, Saudi Arabia. The company specializes in developing an application programming interface (API) platform that facilitates access to consumer financial data. Its API suite addresses the complexities of fragmented financial infrastructure, allowing businesses to easily access their customers' financial information and execute instant bank transfers. Lean Technologies aims to improve the accessibility, transparency, and functionality of financial data and payment systems, contributing to a more inclusive and interconnected financial ecosystem for both consumers and businesses.
Ogram operates a staffing platform that connects temporary workers with on-demand jobs across sectors including F&B, hospitality, retail, e-commerce and logistics. Based in Dubai, it addresses on-site manpower needs by offering a human-cloud solution that facilitates staff placement, scheduling, coordination and replacement. The platform provides tailored service lines to fit each client’s occasion, budget and staffing requirements, enabling quick and efficient fill of temporary or long-term positions while improving access to reliable staff and reducing onboarding time.
Mamo is a Fintech startup based in Dubai, UAE, focused on providing innovative payment and financial solutions tailored for small and medium-sized enterprises (SMEs). The company operates under a Cat 3C Providing Money Services license from the Dubai Financial Services Authority, making it the first licensed Fintech startup in this category in the region. Mamo's flagship offering, Mamo Business, serves as an alternative to traditional banking for SMEs, combining payments, spend management, and analytics into a user-friendly platform. This platform enables businesses to accept payments globally in multiple currencies, manage expenses, and issue virtual cards, thereby streamlining financial operations and enhancing payment success rates. Mamo's diverse customer base includes a variety of sectors, such as B2B services, healthcare, tourism, and retail, making it a crucial partner for businesses looking to optimize their financial processes.
Founded in 2011, Elmenus operates a food discovery platform that helps users find nearby restaurants and top dishes based on user ratings. It serves over 1 million monthly users across Egypt.
SpiderSilk
Seed Round in 2020
SpiderSilk is a Dubai-based cybersecurity firm founded in 2019, specializing in advanced simulations of cyberattacks to help organizations enhance their security defenses. The company utilizes a combination of proprietary machine-driven technology and human ethical hackers to identify vulnerabilities and security exploits in applications across public and internal infrastructures. By conducting adversarial simulations and continuous scans of the open internet, SpiderSilk enables companies to effectively identify and manage potential threats. Its enterprise security testing services are complemented by robust advisory offerings that provide organizations with valuable insights into areas for improvement and best security practices. SpiderSilk has successfully uncovered critical threats that could have affected over 120 million individuals, demonstrating its significant impact in the cybersecurity landscape.
Kitopi is a cloud kitchen platform that enables restaurants to operate delivery-only locations with minimal capital expenditure. Founded in 2018, it manages over 60 kitchens across the UAE, Saudi Arabia, Kuwait, and Bahrain.
MUNCH:ON is a food tech startup that has cracked the subscription space in the UAE & KSA, focusing on offering meals from the best restaurants at a significant discount and with free delivery. The company has invested heavily in its scheduling, bundling and order prediction software which has enabled it to achieve massive cost savings for its restaurant partners that they then pass on to their users, often offering up to a 55% discount vs. restaurants' regular price. Whether it's employees ordering from their company's curated menu or users ordering for their families at home, the platform takes the usual hassle and cost out of food delivery in a financially (and environmentally) sustainable manner for all stakeholders
Buseet
Funding Round in 2019
Buseet Corporation is a shared mobility startup based in Cairo, Egypt, that specializes in developing an online platform for booking bus rides. Founded in 2016, the platform allows users to easily select their pickup and drop-off points, pay with a credit card, and access information about their driver and bus. Buseet focuses on improving the daily commute for families by offering a one-step booking service that utilizes saved locations and provides options for nearby stations. The platform also features fixed routes and times for air-conditioned buses, along with personalized customer support, enabling users to efficiently plan their daily transportation needs.
HolidayMe
Series C in 2018
HolidayMe is an online travel portal established in 2013, operating under the registered trademark of Traveazy DMCC and headquartered in Dubai, UAE. The company specializes in providing a comprehensive online travel booking platform that allows customers to plan their holidays with ease. It offers a wide range of services, including hotel bookings, customized travel packages, and booking vouchers, catering to both B2B and B2C markets. HolidayMe focuses on enhancing the travel experience for its users by providing tailored solutions that meet the diverse needs of travelers. With additional offices in Pune, Jeddah, and Cairo, the company has gained recognition in the travel industry, particularly within the GCC region, for its commitment to quality service and customer satisfaction.
Mumzworld
Series B in 2018
Mumzworld is a leading e-commerce platform in the Middle East, dedicated to serving mothers and their children. It offers over 200,000 products from global and regional brands, shipping to more than 20 countries. Mumzworld pioneered the online shopping experience for mothers in the region, providing a comprehensive selection of products, reviews, and information.
Arrow Labs
Series A in 2018
Arrow Labs is a mobility software company based in Dubai that develops workforce-focused mobility solutions and wearables-enabled platforms. The company offers modular, machine learning–driven systems to manage field resources and optimize operations for industries including facility management, hospitality, logistics, security, and transportation. Its MIMS mobility platform targets the modern workforce, delivering innovative mobility applications that address niche requirements and scale to provide improved efficiency, productivity, and reduced operating costs.
Tarjama is a certified translation agency based in Dubai serving the Middle East and surrounding regions. It offers a smart language platform and a suite of services including translation, proofreading, transcription, content writing, and subtitling to help businesses communicate effectively with regional audiences. By focusing on cultural and linguistic context, Tarjama enables clients to create multilingual content across multiple formats to support global outreach while tailoring messaging to local markets.