South Korea-based game developer KRAFTON led a USD11m Series B for Jordan-based mobile game publisher TamatemGames, with participation from Venture Souq and Endeavor Catalyst and follow-on from existing investors. Read more… Read More
Amethis, through its Amethis MENA Fund II, acquired a minority stake in Jordan-based language technology and services provider Tarjama for an undisclosed amount. Read more… Read More
BECO Capital led a USD20m Series A for Jordan-based edtech Abwaab, with participation from 4DX Ventures, GSV Ventures, Watar Partners and others. Read more… Read More
TVM Capital Healthcare exited Bourn Hall International MENA, the holding company for the Bourn Hall Fertility Centre in the UAE, via a sale to private hospital group Mediclinic Middle East for an undisclosed amount. Read more… Read More
Jordan-based dental technology company Eon Dental raised a USD26m Series B led by a global MedTech fund together with the Arab Palestinian Investment Company, otf Jasoor Ventures, Endeavor Catalyst, Spartech Ventures and Bank al Etihad. Existing investors Hummingbird Ventures and Silicon Badia re-upped. Read more… Read More
Bahrain-based crypto exchange CoinMENA raised a USD9.5m seed round from BECO Capital, Kenetic Capital, Arab Bank Switzerland, Bunat Ventures, FTX investment arm Alameda Research and Girnas Capital. Read more… Read More
IMM Investment led a USD64.5m investment in UAE-based agtech Pure Harvest Smart Farms alongside existing investors. Pure Harvest also entered a joint venture with South Korea’s PlanTFarm, a vertical farming solutions provider and a portfolio of IMM Investment. Read more… Read More
CDC Group divested its minority stake in GEMS Africa, a subsidiary of Dubai-based GEMS Education focused on the development of educational services across sub-Saharan Africa, via a sale to GEMS Education. Read more… Read More
Levant Capital exited UAE-based packaged foods company Bayara Holding via a USD260m sale to Savola Foods. Read more… Read More
Sanabil 500 MENA Seed Accelerator Fund, an accelerator program launched by Sanabil Investments and 500 Global, led an undisclosed seven-figure seed round for Saudi Arabia-based healthtech Glance Care, with participation from angel investors. Read more… Read More
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