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WHAT'S NEW WITH MENA'S STARTUPS?
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Startups, you're the stars of RiseUp Summit and we've got a number of great opportunities lined up for you at #RiseUp17. Don't miss out! Apply for ALL our startup opportunities here until October 22. Startup applications are powered by MAGNiTT.
RISEUP SUMMIT. 01, 02 , 03 DECEMBER
TECH X CREATIVE X CAPITAL
GET YOUR TICKETS NOW & APPLY FOR STARTUP OPPORTUNITIES.
**Prices increase on Sunday October 15
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ALTIBBI RAISES $6.5M
JORDAN
Altibbi, a telehealth platform raises US$6.5 million from DASH Ventures and Middle East Venture Partners (MEVP), along with new investors TAMM, RIMCO Investments, Endeavor’s Catalyst Fund, and other undisclosed investors. Read more.
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SOUQALMAL.COM RAISES $10M
UAE
Souqalmal.com, a comparison website has raised US$10 million in a Series B investment to expand its operations in the region. The round is led by Saudi-based Riyad TAQNIA Fund, and includes UAE Exchange Group and GoCompare Group PLC, which operates GoCompare, a UK-based financial services comparison website. Read more..
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POSROCKET RAISES $650,000
JORDAN
POSRocket, a startup that sells cloud-based point-of-sale solutions to small and medium-sized businesses has raised $650,000 as seed-investment from Samih Toukan’s Jabbar Internet Group, Kuwait-based Arzan VC, Jordan-based accelerator Propeller Inc. and two angel investors. Read more..
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MEVP INVESTS IN WEGO
UAE/ASIA
Dubai-based venture capital firm Middle East Venture Partners has invested an undisclosed sum in online travel marketplace Wego in exchange for an equity ownership. Read more..
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UDENZ RAISED $200,000 IN CROWDINVESTING
UAE
Udenz, an app that offers dental services for both users and dentists, has raised $203,000 with 33 investors from 10 countries via the crowdinvesting platform Eureeca. The campaign started last April, with an aim to raise $200,000. Read more..
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MAGNiTT PUBLISHES Q3 FUNDING REPORT
MENA
MAGNiTT provides an update on MENA funding with a review of activity for the first 9 months of 2017. The Q3 MAGNiTT MENA Funding report reveals continued growth in MENA funding with the strongest Q3 on record with $76m of investments in 62 new deals. Read the report here.
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AlABBAR & MEVP LAUNCH $250M VC FUND
MENA
Middle East Venture Partners has launched its third MENA venture capital fund called Middle East Venture Fund III. The fund has a target size of $250 million and will invest in innovative early-stage and growth-stage tech companies in MENA & Turkey. Read more.
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FLAT6LABS CAIRO OPENS APPLICATIONS FOR CYCLE 10!
EGYPT
Exciting news for entrepreneurs looking to scale up their startups! Egypt’s leading startup accelerator has opened its application doors for Cycle 10. Startups get EGP250k in seed funding, free office space, legal support & services and more. To join their upcoming cycle, apply here.
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MIT ENTERPRISE FORUM IS ACCEPTING APPLICATIONS
LEBANON
Join the MIT Enterprise Forum Arab Startup Competition! The competition is run by MIT Enterprise Forum Pan Arab and puts entrepreneurs in 3 different tracks: Ideas Track, Startups Track and Social Entrepreneurship Track. The winning entrepreneurs are awarded prizes worth more than USD 160K and benefit from a range of top tier training, mentorship, coaching, media exposure, and great networking opportunities. Deadline: November 27, apply here.
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ALGEBRA VENTURES: PR OFFICER
Egypt
Algebra Ventures is looking to recruit a PR Officer who will oversee all PR activities at the fund including media relations. online presence of the fund and community outreach activities. Email them on: people@algebraventures.com
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CHAINO: MARKETING/GROWTH HACKER
Egypt
Join a team where you can be creative and work on ground-breaking stuff. Chaino is looking for a marketing specialist/growth-hacker. Send your CV to hr@begether.net.
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INSIDER: ACCOUNT STRATGIEST
UAE
Insider is looking for an Account Strategist for their Dubai Office who wants to make the dream a reality. Apply here.
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GREEN TECH MEETUP: UNLOCKING CLEANTECH
October 18: Greek Campus - Roof
7:30 PM - 10.00 PM
Join us for our first-ever Green Tech Meetup, enabled by Drosos!
While the Green Tech industry has incredible potential to drive environmental, social, and economic solutions in the modern world, Green Tech startups face serious challenges plugging into the ecosystem. RiseUp is bringing the key players together to kickstart the conversation and build momentum for a clean energy movement. We’ll have networking, an exhibition, talks, and our content partner, Cleantech Arabia, will be launching something exciting! Register here.
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CAIRO ROADSHOW & CALL FOR INNOVATORS!
October 19 - Greek Campus
Join the MITEF team in Egypt during their Cairo Roadshow to learn more about the MITEF startup competition and Innovate for Refugees competition. Register here.
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MENA - Top 100 Startups in the Arab World 2017. Read more..
UK - Deliveroo raises $385M, now valued at over $2 billion. Read more..
MENA - Online retailer Noon goes live. Read more..
USA - YC wants to let people invest in its startups through blockchain. Read more..
MENA - The first deaf- friendly websites for the Arab World are here. Read more..
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