By Wissam Abdel Samad, Tarek El Zein, Ramzi Khoury, and Chady Smayra, partners with Strategy& Middle East, part of the PwC network The digital economy of the GCC region is expanding rapidly.

Kuwait-based fintech Enabill, has raised $1.2 million in a Seed funding round with participation from The Taken Seat venture builder and Kuwait-based angel investors.

UAE-based VC Cypher Capital, has set up an ecosystem fund together with Ocean Protocol to which it will be allocating $5 million to invest in Ocean Protocol projects.

UAE-based recruiting platform Ogram has announced a $3 million Series A funding round, led by Modus Capital and Aditum Investment Management, Dtec Ventures, and DAAL VC.

Bahrain angel investor network Tenmou, has upped its investment in edtech UNIPAL with an undisclosed amount. Founded in 2020 by Ali Alalawi and Ali Al Shaer, Unipal is an online education application that provides special offers and discounts to university students.

Saudi Arabia-based VC “8020 Capital” has launched a $10 million accelerator and startup studio fund to invest in and develop emerging tech-driven startups.

Sylndr, an Egypt-based online marketplace for used cars, has raised a $12.6 million pre-Seed round, led by RAED Ventures, with participation from Algebra Ventures, Nuwa Capital, 1984 Ventures, Global Founders Capital, and a group of regional and global angel investors.

Morocco-based healthtech Blink Pharma has raised investment from Azur Innovation Fund for an undisclosed amount. Launched in 2020 by Ali Sami and Adil Bertul, the B2B marketplace allows pharmacists, laboratories and wholesalers to exchange orders, as well as providing them with a payment method.

Locale, the UAE-based online marketplace for virtual restaurants built by cloud kitchen platform KRUSH Brands has raised $4.5 million in a pre-Series A investment round from UAE-based family office Skelmore Holdings.

By Miles Kruppa Few people would guess that Jed York, owner of the San Francisco 49ers football team, is an early investor in dozens of technology startups.

Jordan-based cloud kitchen Kitchefy, has raised a $350,000 pre-Seed round, led by the Oasis 500 fund, the Beyond Capital Fund, MyStartUp Incubator “Injaz” and a group of individual investors.

Jordan-based cloud kitchen Kitchefy, has raised a $350,000 pre-Seed round, led by the Oasis 500 fund, the Beyond Capital Fund, MyStartUp Incubator “Injaz” and a group of individual investors.

UAE-based investment company Alpha Dhabi Holding PJSC has made a Dh9.2 billion ($2.5 billion) commitment to invest in Chimera Capital and Alpha Wave’s VC fund Alpha Wave Ventures II.

UAE-based investment company Alpha Dhabi Holding PJSC has made a Dh9.2 billion ($2.5 billion) commitment to invest in Chimera Capital and Alpha Wave’s VC fund Alpha Wave Ventures II.

UAE-based investment company Alpha Dhabi Holding PJSC has made a Dh9.2 billion ($2.5 billion) commitment to invest in Chimera Capital and Alpha Wave’s VC fund Alpha Wave Ventures II.

Egypt-based healthtech startup Doxx has launched after closing a $1.5 million Seed round, led by Openner and Elevate. Founded in 2021 by Sherif Baroudy, Doxx aims to digitise the healthcare supply chain by connecting medical professionals and healthcare providers including pharmacies, labs, and insurance companies on one platform.

Egypt-based healthtech startup Doxx has launched after closing a $1.5 million Seed round, led by Openner and Elevate. Founded in 2021 by Sherif Baroudy, Doxx aims to digitise the healthcare supply chain by connecting medical professionals and healthcare providers including pharmacies, labs, and insurance companies on one platform.

Egypt-based healthtech startup Doxx has launched after closing a $1.5 million Seed round, led by Openner and Elevate. Founded in 2021 by Sherif Baroudy, Doxx aims to digitise the healthcare supply chain by connecting medical professionals and healthcare providers including pharmacies, labs, and insurance companies on one platform.

Nigeria-based automotive technology startup AutoCheck, has acquired Morocco-based KIFAL auto, as it aims to ramp up expansion into the North African market.

Nigeria-based automotive technology startup AutoCheck, has acquired Morocco-based KIFAL auto, as it aims to ramp up expansion into the North African market.

Nigeria-based automotive technology startup AutoCheck, has acquired Morocco-based KIFAL auto, as it aims to ramp up expansion into the North African market.

Saudi Arabia-based VC fund STV has announced a new partnership with Meta (formerly Facebook) that aims to support tech startups in the country and the wider Mena region.

Saudi Arabia-based VC fund STV has announced a new partnership with Meta (formerly Facebook) that aims to support tech startups in the country and the wider Mena region.

Saudi Arabia-based VC fund STV has announced a new partnership with Meta (formerly Facebook) that aims to support tech startups in the country and the wider Mena region.

UAE-based fintech Pemo has raised a $12 million Seed round, co-led by Cherry Ventures and Shorooq Partners, with participation from FinTech Collective, Speedinvest, BY Venture Partners and Antler, as well as private investment from business angels.

UAE-based fintech Pemo has raised a $12 million Seed round, co-led by Cherry Ventures and Shorooq Partners, with participation from FinTech Collective, Speedinvest, BY Venture Partners and Antler, as well as private investment from business angels.

UAE-based fintech Pemo has raised a $12 million Seed round, co-led by Cherry Ventures and Shorooq Partners, with participation from FinTech Collective, Speedinvest, BY Venture Partners and Antler, as well as private investment from business angels.

Professor Paul Hopkinson is the head of Edinburgh Business School at Heriot-Watt University Dubai and academic lead for Heriot-Watt Online Despite the fear that comes with new inventions and developments destabilising our reality and our way of living, we fail to realise that these developments are only a response to changes that are already taking place.

Professor Paul Hopkinson is the head of Edinburgh Business School at Heriot-Watt University Dubai and academic lead for Heriot-Watt Online Despite the fear that comes with new inventions and developments destabilising our reality and our way of living, we fail to realise that these developments are only a response to changes that are already taking place.

Professor Paul Hopkinson is the head of Edinburgh Business School at Heriot-Watt University Dubai and academic lead for Heriot-Watt Online Despite the fear that comes with new inventions and developments destabilising our reality and our way of living, we fail to realise that these developments are only a response to changes that are already taking place.