#17 This Week In MENA🚀
Dive into the latest Startup News, Trends & Opportunities shaping the MENA region
Hey MENA entrepreneurs! We're back with another edition of your ultimate guide to the latest in the MENA startup world.
Trending This Week:
Weekly Funding Roundup
In The News
Ecosystem Updates
Startups Highlights
Upcoming Programs
Cool Events
Interesting Stuff
Techy Bytes
Let’s dive in!
Weekly Funding Roundup
Holo (UAE/Proptech) raised an undisclosed pre-Series A round
Param Labs (UAE/Gaming) secured $7M
Prosperity7 VC (KSA) co-invested in Zhipu AI
YoLa Fresh (Morocco/Agritech) secured a $7M in pre-Series A round
IM Capital (Lebanon) portfolio company MEACOR secured $15M
In The News
PIF (KSA) crowned world’s most valuable sovereign wealth fund and launched Neo Space Group
TVM Capital closed a Saudi health tech fund
Algerian Startup Fund (ASF) launched a fund for energy projects
Qatar Free Zone is establishing a global AI center
Ecosystem Updates
Visa Everywhere Initiative 2024 finalists revealed (KSA)
500 Global and Sanabil announce Batch 7 (KSA)
Six startups pitch at StartUp Bahrain
PwC Academy and Women Choice launch program for Saudi women
Startup Highlights
Numa (Jordan) partners with Mamun (Oman) to support freelancers
Talabat (UAE) teams up with Dubai Taxi to expand their delivery fleet
Egyptian footballer Mido is taking his academy global after Shark Tank win
Upcoming Programs & Opportunities
Virtual Accelerate Scale-Up Acceleration Program in Aleppo & Damascus
inspireU General Program by STC
Hope Ventures opens applications to Beban season four
Middle East Hacker House is looking for builders in the Deeptech space
KPMG Global Tech Innovator Competition in Saudi Arabia
Must Attend Events This Week
Fintech Future Summit - 04 June, Riyadh
Eureka! GCC 2024 Grand Finale - 04 June, Dubai
Fintech Summit Middle East - 05 June, Amman
The GAMES Generative AI Summit - 05 June, Doha
Forward·Inc Demo Day Spring '24 - 05 June, Virtual
Mastercard Women SME Leaders Awards - 06 June, Dubai
Demystifying Private Credit by Magnitt - 06 June, Virtual
Interesting Stuff
Saudi IPOs have attracted a record $176bn in orders
Dubai Press Club has launched the Arab Podcast Program and released a report on podcasting in the Arab world
Dive into The Future of Generative AI, including trends and challenges
Nearly half of MENA employees are considering entrepreneurship
Discover why B2B in emerging markets makes sense by The Realistic Optimist
Techy Bytes
Fans can now collect Ronaldo's legacy with a new NFT collection
China launches a staggering $47.5B fund to boost its AI Chip industry
Microsoft's AI Copilot arrives on Telegram
Google rolls out Gemini's mobile experience to Arabic speakers worldwide
PwC invests $1 Billion in ChatGPT enterprise solutions
Apple reveals iOS 18
Nvidia is now worth more than Amazon and Tesla combined
That’s a wrap!
Thanks for joining us on this week’s journey through the MENA startup ecosystem
Stay tuned for more opportunities, trends, and insights next week
Until next time,
The Startup3lMashi ستارتب على الماشي Team
Want to say hi or share a cool story? --> contact@startup3lmashi.com