MENA Startup Funding Round-up for September 23-28

The Middle East and North Africa (MENA) startups saw a surge in funding last week.

This list below contains all the various startups in the MENA region that secured funding:

1. SHIFT (🇸🇦 KSA), a tech-driven mobility platform which provides solutions like car rentals, last-mile logistics, and vehicle leasing, has secured $82.8 million in funding from Merak Capital. 

2. Coral (🇦🇪 UAE), a climate tech startup which helps businesses manage their carbon emissions through a streamlined platform, has raised $3 million in a Seed round led by a group of unnamed investors.

3. Kwiks (🇲🇦 Morocco), an HR tech startup that uses AI-driven solutions to connect companies with freelance headhunters, has raised $827,000 in funding from Azur Innovation Management (AIM).

4. Padash (🇮🇶 Iraq), a q-commerce platform for instant food and grocery delivery, has secured $125,000 in pre-seed funding from an undisclosed angel investor.

5. Mila Celebrations (🇸🇦 KSA), a tech-driven planning platform that offers a one-stop solution for organising events, has secured $227,000 in a pre-Seed round from angel investors.

Source: FWDStart Newsletter by Jamie Lane