Weekly Startup Ecosystem Overview in the Middle East and North Africa (MENA) / June 28 – July 4

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Last week, there were 2 startup investments and 1 secondary transaction in the MENA between June 28 – July 4:


1 Kingdom of Saudi Arabia (KSA), 1 Egypt

Secondary Transactions:

1 United Arab Emirates (UAE)

Sectors Received Investments:

1 Media and Entertainment

1 Education

News of the Week

🎯 Edutainment platform Jeel raised funding.

Jeel, which provides Arabic content for children, adolescents, parents and educators, has raised a seven figure investment in Seed funding round from RZM Investments and angel investors.

Transaction Type: Investment

Investors: RZM Investments, angel investors

Co-founders: Ahmed Sobaih

Headquarters: Kingdom of Saudi Arabia (KSA)

🎯 Education platform Elkheta raised $400.000.

El Kheta, which allows students to tailor their preferred curricula and create a study plan that suits their needs, has raised $400.000 in Seed funding round from EdVentures.

Transaction Type: Investment

Investors: EdVentures

Co-founders: Mohamed Mahmoud

Headquarters: Egypt

🛒 CoinDCX acquires BitOasis.

Xrypto exchange company CoinDCX has acquired virtual assets trading platform BitOasis.

Transaction Type: Acquisition

Investors: CoinDCX

Co-founders: Ola Doudin

Headquarters: United Arab Emirates (UAE)

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