Last week, there were 5 investments in the MENA between November 24 – 30:
Investments:
2 United Arab Emirates (UAE), 1 Tunisia, 1 Oman, 1 Kingdom of Saudi Arabia (KSA)
Sectors Received Investments:
1 B2B / SaaS
1 Cloud Kitchen
1 B2B / Marketplace
1 Financial Services
1 3D Printing
News of the Week
🎯 Operational efficiency management platform Winshot raised funding.
Winshot, a B2B SaaS retail operations management startup that helps retail companies digitally connect, manage and engage their deskless workforce, has raised six-figure investment from 216 Capital.
Transaction Type: Investment
Investors: 216 Capital
Co-founders: Walid Mzoughi, Alaa Mokrani, Amjed Bouhouch, Hela Gabsi
Headquarters: Tunisia / France
🎯 Cloud kitchen KitchenomiKs raised $1.8 million.
KitchenomiKs, a cloud kitchen with a portfolio of 12 food brands, helping them scale while eliminating the costs of physical stores, has raised $1.8 million in pre-Series A funding round from Omani and regional investors.
Transaction Type: Investment
Investors: Regional investors
Co-founders: Aankush Bhatia, Aju Samuel, Shrikanth Shenoy
Headquarters: Oman
🎯 B2B marketplace Retailo raised $15 million.
Retailo, a next-day delivery for retailers and restaurants on a catalogue of 5000 stock-keeping units, has raised $15 million from Yusuf Bin Kanoo Group, Technology Group, Majd Digital, Aujan Group Holdings, Shorooq Partners, Abercross Holdings, Graphene Ventures and other investors.
Investors: Yusuf Bin Kanoo Group, Technology Group, Majd Digital, Aujan Group Holdings, Shorooq Partners, Abercross Holdings, Graphene Ventures, other investors
Co-founders: Talha Ansari, Wahaj Ahmed, Mohammad Nowkhaiz
Headquarters: Kingdom of Saudi Arabia (KSA)
🎯 Financial education provider Yabi raised $8 million.
Yabi, an mobile application that provides financial education that empowers users in making financial decisions, has raised $8 million from Al Wafra Al Thanya and other existing investors.
Investors: Al Wafra Al Thanya, other investors
Co-founders: –
Headquarters: United Arab Emirates (UAE)
🎯 Additive manufacturing startup Immensa raised $20 million.
Immensa, which provides large companies in the energy sector with access to spare parts on demand without mass manufacturing in hubs across Southeast Asia, China, or Latin America, has raised $20 million in Series B funding round. The investment round was led by Global Ventures, with participation from Endeavor Catalyst Fund, EDGO, Energy Capital Group (ECG), Shorooq Partners and Green Coast Investments.
Transaction Type: Investment
Investors: Global Ventures, Endeavor Catalyst Fund, EDGO, Energy Capital Group (ECG), Shorooq Partners, Green Coast Investments
Co-founders: Fahmi Al Shawwa
Headquarters: United Arab Emirates (UAE)
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