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AI + Innovation (MENA) 
Infrastructure 
Egyptian edtech startup iSchool raises USD 4.5 mn
iSchool intends to use the funds to expand across the GCC and beyond
Pharma delivery platform Chefaa raises USD 5.3 mn
The company wants to scale up digitizing pharma supply chain
Autostartup Mtor lands USD 2.8 mn in pre-seed round, Lychee closes series A
The pre-seed round was led by Egyptian venture capital firm Algebra Ventures
WayUp Sports closes seed round led by Beltone’s VC arm
The investment will support Wayup Sports’ growth across the region
Fork N Knife locks in USD 800k in seed funding
The funding will facilitate the company’s expansion into European and African markets by the end of the year
Edtech startup Akhdar lands investment from Saudi accelerator
Akhdar now boasts 1.5 mn users after having started off as just a YouTube channel in 2016
Edtech startup OBM secures six-figure investment for Saudi expansion
The new investment comes less than two years since local VC EdVentures made a six-figure USD equity investment in the…
Health startup Almouneer lands USD 3.6 mn in seed round
The funds will be directed to the development of Almouneer’s digital platform DRU and the company’s expansion into the Gulf…
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