Wamda
Oct 7, 2024 · Crowdsourcing. Wamda accelerates entrepreneurship ecosystems across the Middle East and North Africa region through its sector-agnostic investment vehicle, Wamda Capital, which invests in high-growth technology and tech-enabled startups. Its leading knowledge platform provides the region with impactful thought leadership and research, community ...
MENA startups raise $355 million in July 2024, recording 206
Aug 12, 2024 · The amount invested in the Middle East and North Africa (MENA) startups rebounded in July 2024, recording $355 million raised by 38 startups—a 206% rise month on month and a more than 260% increase year on year ().In the face of a worldwide economic downturn and an imminent full-scale conflict between Israel and Iran, the MENA tech ecosystem has demonstrated remarkable resilience, as these ...
The evolution of Wally, from expenses tracking to personal
Dec 14, 2023 · The evolution of Wally, from expenses tracking to personal finance AI. Resilience is often highlighted as an important skill for entrepreneurs to have and few have shown as much resilience as Saeid Hejazi and his brother Sami, founders of Wally. Saeid entered the startup world in 2013 with Nahel, an e-commerce site that preceded Souq and other ...
Wamda
About Wamda. Wamda accelerates entrepreneurship ecosystems across the Middle East and North Africa region through its sector-agnostic investment vehicle, Wamda Capital, which invests in high-growth technology and tech-enabled startups. Its leading knowledge platform provides the region with impactful thought leadership and research, community ...
Our top stories from 2021 - Wamda
Wamda • 30 December, 2021. This past year has been an incredibly dynamic one for the entrepreneurship ecosystem across the Middle East and North Africa. We have witnessed more exits than ever before, record-breaking investment deals and the continued boom of digitisation across industries. The startup ecosystems across the region differ in ...
Startups in Mena raised almost $4 billion in 2022 - Wamda
Jan 29, 2023 · Startups in Mena raised almost $4 billion in 2022. Startups in the Middle East and North Africa region (Mena) raised $3.94 billion in 2022 across 795 deals, a rise of 24 per cent in investment value when compared to 2021 and a 22 per cent increase in the number of deals. As ever, the venture capital landscape was dominated by the top three ...
The impact of family offices on the MENA economy - Wamda
Oct 7, 2024 · By leveraging their capital, family offices have a positive societal impact while also seeking returns. Many family offices are forming partnerships with organisations and social enterprises to amplify their investments’ impact. Collaboration allows a pooling of resources, shared expertise, and the development of innovative solutions to ...
Thought Leadership - Wamda
Dec 28, 2023 · Wamda accelerates entrepreneurship ecosystems across the Middle East and North Africa region through its sector-agnostic investment vehicle, Wamda Capital, which invests in high-growth technology and tech-enabled startups.
Wamda launches e-commerce whitepaper in partnership with MIT
Wamda • 17 March, 2021. Arabic. Wamda, in partnership with the Legatum Center for Development and Entrepreneurship at MIT, has launched a whitepaper on the e-commerce sector of the Middle East and North Africa (Mena) region. The paper, which discusses the impact of the coronavirus pandemic on e-commerce also offers policy recommendations to ...
MENA startups raise $116 million in June 2024, bringing H1
Jul 8, 2024 · Arabic. Investment activity in MENA’s startup space slowed down in June 2024, as 38 tech startups raised $116 million, bringing the half-year total to $882 million. The amount raised in June declined 59% month-on-month, but rose 182% when compared to the same period last year. UAE-based startups led the region in funding last month, securing ...