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Kuwait s Mojo raises seven-figure Seed round

Kuwait-based social commerce Mojo has raised a seven-figure Seed round, led by existing pre-Seed investors, Joa Capital and Emkan.

Saudi arabiaNadia al hamadYousef al yousefiHasan haiderAtyab al marshoudAbdulaziz al baharJoa capitalEmkan capitalWahed investChief brand officerManaging partner

Funding reaches two-year decline as African startups raise $3 2 billion in 2023

It’s a 36% decline from 2022’s ~$5 billion. Nigeria recorded a 66% decline with $398.2 million while Kenya sits atop with $756.2 million.

South africaPaystack shola akinladePartech africaCola brownFlutterwave olugbenga agboolaTechcabal timi oduesoAfrican private capital industryPlanet fundCarbon economy fundGrowth fund norrskenAngel syndicateAfrica fundKazana fundGaia energyBig energyBig deal

Hubpay strengthens product portfolio across corporate and consumer offerings

The company expands international remittances to more than 40 countries

United kingdomSouth africaUnited arab emiratesMarjolein van paridonPunit ghumraKevin kiltyElectronic money servicesHubpay appImage creditC level executivesSignal peak venturesOlive tree capitalEmkan capital

MENA-focused VC firm Emkan launches $31 million fund to back early-stage startup : TechMoran

MENA-focused VC firm Emkan launches $31 million fund to back early-stage startup : TechMoran
techmoran.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from techmoran.com Daily Mail and Mail on Sunday newspapers.

Saudi arabiaGhassan aloshbanTurki alshaikhEmkan capital fundSaudi arabia basedEmkan capitalSilicon valley basedGeneral partner

Emkan launches $31 million fund to back early-stage startups

Saudi Arabia-based VC firm Emkan Capital has announced the close of its $31 million Emkan Capital Fund I (ECP I). ECP I aims to invest.

Saudi arabiaGhassan aloshbanTurki alshaikhEmkan capital fundJada fund of fundsSaudi arabia basedEmkan capitalOri sassonSilicon valley basedGeneral partner

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