Tracxn - Geo Monthly Report - Mena Tech - Dec 2021

TRACXN MONTHLY REPORT
DECEMBER 2021
MENA TECH

MENA Tech - December 2021 Copyright © 2022, Tracxn Technologies Limited. All rights reserved.
Contents
2
MENA Tech Snapshot 3
Investment Snapshot 4
List of Funding Rounds 5
New Investors 11
Top Funded Business Models - last 1 year 13
New Analyst Picks 14
IPOs 17
Acquisitions 18
Recent News 20

MENA Tech Snapshot – December 2021
MENA Tech: Snapshot – December 2021
Note : "Investors" refers to "Institutional Investors" only
3
$1.9B
29 3
Overall Geo Stats
20
15
142
29
53
Funding Rounds $ Invested Analyst Picks
Noname Security
Upgraded to
UNICORN
New Investors
STV
Vintage Global
Series A+ rounds Active Investors IPOs
Jahez Group
Windward
Acquisitions
Argon
OrthoSpin
Top Funding Rounds Top Markets Top Investors Top Cities
Monthly Leader Board
Tel Aviv
(16 Rounds, $923M)
Dubai
(8 Rounds, $259M)
Riyadh
(4 Rounds, $76.0M)
Cairo
(4 Rounds, $76.0M)
$400M - Series E
Claroty (2014, New York City, $632M)
$347M - Series B
Future Meat Technologies (2018,
Jerusalem, $390M)
$200M - Series B
TSLC (2019, Dubai, $225M)
$170M - Series A
UBQ Materials (2012, Tel Aviv, $170M)
Insight Partners
(3 Investments)
500 Global
(3 Investments)
Flat6Labs
(3 Investments)
Battery Ventures
(2 Investments)
Cybersecurity
Claroty
Food Tech
Future Meat Technologies
Banking Tech
TSLC
Advanced Materials
UBQ Materials
Market Size
Companies Covered 22,862
Funded Companies 5,365
Total Funding $56.6B
Funding in last 12 months $15.2B
Top Exits
IPOs 164
Acquisitions 779
Company Stage
Unicorns 34
Soonicorns 175
Minicorns 467
Editor Picks 2,103
Series A+ 1,479
Series C+ 354
Acqui-Hires 14
Deadpooled 2,608
Top Cities
Tel Aviv (1,960 Rounds, $22.2B)
Dubai (475 Rounds, $4.6B)
Top Investors
Flat6Labs (92 Investments)
500 Global (89 Investments)

Investment Snapshot
Investment Snapshot of MENA Tech as of December 2021
MENA Tech: Investment Snapshot
4
# Rounds
$ Funding
Investment Trend Top Investments (December 2021)*
Claroty
(2014, New York City, $632M)
$400M - Series E SoftBank Vision Fund
Future Meat Technologies
(2018, Jerusalem, $390M)
$347M - Series B
Archer Daniels Midland
Company
TSLC
(2019, Dubai, $225M)
$200M - Series B JPIN
UBQ Materials
(2012, Tel Aviv, $170M)
$170M - Series A TPG
Noname Security
(2020, , $220M)
$135M - Series C Lightspeed Venture Partners
First Digital Bank
(2019, Tel Aviv, $185M)
$120M - Series A Julius Baer
PlainID
(2014, Misgav, $100M)
$75.0M - Series C Insight Partners
Sary
(2018, Riyadh, $112M)
$75.0M - Series C Wafra International Investment
Ermetic
(2019, Tel Aviv, $100M)
$70.0M - Series B Qumra Capital
Guardio
(2014, Tel Aviv, $47.0M)
$47.0M - Series C Tiger Global Management
Opontia
(2021, Dubai, $62.0M)
$42.0M - Series A STV
*Shows only the lead Investors

List of Funding Rounds (1/6)
List of Funding Rounds in MENA Tech in December 2021
MENA Tech: List of Funding Rounds
Note: Seed Stage (Seed, Angel), Early Stage (Series A, Series B), Late Stage (Series C+), PE
5
LATE STAGE
$47.0M - Series C
Guardio (2014, Tel Aviv, $47.0M)
AI & cloud-based platform offering secure browsing
solutions
Tiger Global Management, Cerca Partners, Samsung
NEXT, Union Bank Of India, Vintage Global
LATE STAGE
$75.0M - Series C
Sary (2018, Riyadh, $112.0M)
App based marketplace platform offering multi-
category products
Sanabil Investments, MSA, Wafra International
Investment, Endeavor, STV, and 3 more
LATE STAGE
$75.0M - Series C
PlainID (2014, Misgav, $100.0M)
Cloud-based access governance management solution
provider
Insight Partners, Viola Group, Itai Tsiddon
LATE STAGE
$135.0M - Series C
Noname Security (2020, , $220.0M)
API security solutions provider
Lightspeed Venture Partners, Georgian, ForgePoint
Capital, Cyberstarts, TSG, and 2 more
LATE STAGE
$400.0M - Series E
Claroty (2014, New York City, $632.0M)
Security and optimization solutions for OT networks
SoftBank Vision Fund, Standard Industries, Bessemer
Venture Partners, Schneider Electric, Team8, and 1
more
EARLY STAGE
$234.4K - Series A
Reach (2015, Tel Aviv, $3.7M)
Cloud based platform for digital signature and ID
verification
EARLY STAGE
$4.0M - Series A
Fize Medica (2014, Beersheba, $9.3M)
Developer of device for monitoring urine
Rapha Capital Management, Mendham Investment
Group
EARLY STAGE
$4.3M - Series A
Make My Day (2015, Hertzeliya, $4.3M)
Offers a location-based app to determine the optimal
route for multiple errands
Capital Nature, Chevron, Next Gear Ventures,
Consensus Business Group
EARLY STAGE
$5.0M - Series B
Fruitspec (2016, Netanya, $9.0M)
Developer of technology for farm data capture and
predicting yields
Amathaon, Smart Agro, Ocean Azul Partners, The
Trendlines Group, Agriline Products

6
EARLY STAGE
$7.9M - Series B
Filterlex Medical (2015, Tel Aviv, $16.9M)
Developer of an embolic protection device
European Union
EARLY STAGE
$10.0M - Series B
Karamba Security (2015, Hod Hasharon, $27.0M)
Provider of device security solutions for IoT
applications
VinFast, Presidio Ventures, Paladin Capital, Fontinalis
Partners, YL Ventures, and 4 more
EARLY STAGE
$13.0M - Series A
GrubTech (2019, Dubai, $18.4M)
Provider of end-to-end SaaS platforms for restaurants
and cloud kitchens
Addition, Oryx Fund, B&Y Venture Partners
EARLY STAGE
$19.0M - Series A
Grip (2021, Tel Aviv, $25.0M)
Cloud application security solutions provider
Intel Capital, YL Ventures
EARLY STAGE
$22.0M - Series A
Greeneye (2017, Tel Aviv, $29.0M)
Provider of AI-based solution for pest control
JVP, AGCO, KdT Ventures, One Way Ventures, Syngenta
Group, and 1 more
EARLY STAGE
$25.0M - Series B
Powermat (2006, Petah Tikva, $107.5M)
Provider of induction-based wireless charging solutions
Foxconn Interconnect Technology, Hudson Sustainable
Investment Management
EARLY STAGE
$25.0M - Series A
Frontegg (2019, Ramat Gan, $30.0M)
Provider of API and SDK for integrating authorization
feature into applications
Insight Partners, Global Founders Capital, Pitango
EARLY STAGE
$30.0M - Series B
Cylus (2017, Tel Aviv, $57.0M)
Cybersecurity platform for railway and metro systems
Ibex Investors, STRIDES, Vertex Ventures Israel,
GlenRock Israel, Magma Venture Partners, and 1 more
EARLY STAGE
$30.0M - Series A
hiSky (2015, Rosh Haayin, $30.0M)
Provider of satellite-based communication solutions
for IoT applications
ST Engineering, Strategic Development Fund

7
EARLY STAGE
$42.0M - Series A
Opontia (2021, Dubai, $62.0M)
Platform acquiring eCommerce brands
STV, Raed Ventures, Venture Souq, Global Founders
Capital, Upper90
EARLY STAGE
$70.0M - Series B
Ermetic (2019, Tel Aviv, $100.0M)
Cloud based platform offering identity and data
protection solutions
Qumra Capital, ForgePoint Capital, Target Global,
Accel, Glilot Capital Partners, and 1 more
EARLY STAGE
$120.0M - Series A
First Digital Bank (2019, Tel Aviv, $185.0M)
Digital bank for individuals
Julius Baer, Tencent, SBI Holdings, West Coast Equity
Partners, Far East Ventures, and 1 more
EARLY STAGE
$170.0M - Series A
UBQ Materials (2012, Tel Aviv, $170.0M)
Manufacturer of composite material by municipal solid
waste
TPG, Battery Ventures, M&G
EARLY STAGE
$200.0M - Series B
TSLC (2019, Dubai, $225.0M)
JPIN, Rothschild & Co
EARLY STAGE
$347.0M - Series B
Future Meat Technologies (2018, Jerusalem,
$389.9M)
Produces and supplies lab grown meat
Archer Daniels Midland Company, ADM Capital, Manta
Ray, S2G Ventures, Bits x Bites, and 3 more
EARLY STAGE
Series A
FlexiWAN (2018, Rishon Lezion)
Open source SD-WAN solution
VentureIsrael
EARLY STAGE
Series A
Jahez (2016, Riyadh, $36.5M)
Online platform for food discovery and ordering
EARLY STAGE
Series A
ZIWO (2010, Dubai)
Cloud based contact center and customer support
management solutions
EARLY STAGE
Series A
Kirobo (2018, Tel Aviv, $5.0M)
Multi-layer on-chain wallet
Solana

8
EARLY STAGE
Series A
FilKhedma (2014, Cairo)
Online platform to book household repairs
Cairo Angels
SEED STAGE
$399.4K - Seed
Rodha App (2020, Jeddah, $399.4K)
Platform offering food ordering and delivery services
SEED STAGE
$400.0K - Seed
Edfundo (2020, Dubai, $400.0K)
App-based platform for money management for
students
SEED STAGE
$400.0K - Seed
Kamioun (2020, , $400.0K)
Online platform offering multi-category grocery
supplies
Janngo, Flat6Labs, Dakar Network Angels
SEED STAGE
$998.6K - Seed
Shuttle (2019, Riyadh, $998.6K)
Provider of on-demand locker systems
Impact46
SEED STAGE
$1.3M - Seed
Drill (, Tel Aviv, $1.3M)
Provides a consumer insights platform
Amnon Shashua, Gil Deutsch, Roni Biram, Eyal Ravid,
Leiman Schlussel
SEED STAGE
$2.5M - Seed
Akeed Delivery (2014, Muscat, $2.5M)
Online platform to order food from its partnered
restaurants
Phaze Ventures, IDO
SEED STAGE
$3.4M - Seed
Englease (2019, Dubai, $3.4M)
Provider of an online platform to prepare for language
proficiency tests
Learn Capital, LearnStart, Alma Capital, COTU, Dubai
Angel Investors, and 3 more
SEED STAGE
$6.0M - Seed
Atmosec (2021, Tel Aviv, $6.0M)
Cloud based cyber risk and vulnerability assessment
solution provider
Glilot Capital Partners, Battery Ventures, Yevgeny
Dibrov, Nadir Izrael, Assaf Rappaport, and 1 more
SEED STAGE
$8.0M - Seed
Humanz (2017, Tel Aviv, $11.0M)
Cloud based platform offering influencer marketing
solutions
Stardom Ventures, , Mor Investment House

9
SEED STAGE
$8.5M - Seed
Reposify (2016, Bnei Brak, $8.5M)
Provider of a threat detection platform for IoT devices
First Rays Venture Partners,
SEED STAGE
$10.0M - Seed
Edge GAMING (2021, Tel Aviv, $12.0M)
AI-based training platform for professional gamers
Playtika, AnD Ventures, Stardom Ventures
SEED STAGE
$12.0M - Seed
Lynx (2017, Tel Aviv, $12.0M)
Provider of solutions for sharing data securely
MizMaa Ventures, Triventures, UpWest, New York Life
Ventures, Amdocs, and 1 more
SEED STAGE
$13.5M - Seed
Calo (2019, , $13.5M)
Internet first restaurants delivering healthy meals
STV, Nuwa Capital, Khwarizmi Ventures, Al Faisaliah
Group, Savour Ventures, and 3 more
SEED STAGE
Seed
arcab (2018, Dubai)
App-based ride-sharing platform for daily-commutes
We Founder Circle
SEED STAGE
Seed
WaffarX (2018, Cairo)
Online platform offering cashback and discounts on
multi-category products and services
Lobby Capital, A15
SEED STAGE
Seed
Hamrah Mechanic (2013, Tehran)
App-based listing platform for used cars
SEED STAGE
Seed
Nitros (2021, Jeddah)
Offers web-based shipping management solutions
Saudi Venture Capital Company, 500 Global
SEED STAGE
Seed
Jo Academy (2013, Riyadh)
Mobile-based platform providing multi-disciplinary
learning solutions
Foursan Group
SEED STAGE
Seed
Neurobrave (2018, Beersheba)
Cloud-based neurology disease detection tool for
healthcare professionals
VentureIsrael

10
SEED STAGE
Seed
Klickit (2017, Cairo)
Payment management and digital collection platform
for institutions
EFG Hermes, Camel Ventures
SEED STAGE
Seed
beXel (2019, Cairo)
Cloud based quality management software provider
John Hancock Investments, Flat6Labs,
SEED STAGE
Seed
Plstka (2020, Tanta)
App-based platform for household waste collection
Alexandria Angels, Hivos
SEED STAGE
Seed
Goldfingr (2014, Abu Dhabi)
Fundraising platform for private companies
SEED STAGE
Seed
RemotePass (2019, Dubai)
Global payments solutions for businesses
BECO Capital, Wealth Well, Wamda, Khwarizmi
Ventures, Flat6Labs

New Investors (1/2)
List of New Investors in MENA Tech in December 2021
MENA Tech: List of New Investors
11
Investor Company Info Round Amount Round Name
STV
1 portfolio companies | Digital media brand
Calo
$13.50M Seed
Vintage Global
1 portfolio companies | Vintage Global
Guardio
AI & cloud-based platform offering secure browsing solutions
$47.00M Series C
LearnStart
22 portfolio companies | Seed-stage tech-focused VC firm funding companies in
the US
Englease
Provider of an online platform to prepare for language proficiency tests
$3.40M Seed
ISTARI
3 portfolio companies | Provider of cybersecurity risk management services
Claroty
$400M Series E
Liberty Mutual
14 portfolio companies | Provider of insurance services
Karamba Security
Provider of device security solutions for IoT applications
$10.00M Series B
joulevc.com
1 portfolio companies |
Reposify
$8.50M Seed
Janngo
1 portfolio companies | Venture capital fund and venture studio focused on
multiple sectors
Kamioun
Online platform offering multi-category grocery supplies
$400K Seed
Upper90
21 portfolio companies | VC fund focused on seed & early-stage tech startups
Opontia
$42.00M Series A
Stardom Ventures
2 portfolio companies | Provider of digital & content marketing, branding,
advertising, video production, and SMM services
Humanz
Cloud based platform offering influencer marketing solutions
$8.00M Seed
Learn Capital
101 portfolio companies | US focused venture capital firm
Englease
Provider of an online platform to prepare for language proficiency tests
$3.40M Seed

New Investors (2/2)
List of New Investors in MENA Tech in December 2021
MENA Tech: List of New Investors
12
Investor Company Info Round Amount Round Name
John Hancock Investments
1 portfolio companies | Funds investment management firm
beXel
Cloud based quality management software provider
Undisclosed Seed
Foursan Group
3 portfolio companies | PE firm invests in Middle East and North Africa
Jo Academy
Mobile-based platform providing multi-disciplinary learning solutions
Undisclosed Seed
Mendham Investment Group
1 portfolio companies | Home | Mendham Investment Group
Fize Medica
Developer of device for monitoring urine
$4.00M Series A
Camel Ventures
2 portfolio companies | Venture capital fund focused on fintech startups
Klickit
Payment management and digital collection platform for institutions
Undisclosed Seed
Standard Industries
5 portfolio companies | Manufacturer of roofing products and building materials
Claroty
$400M Series E
Dakar Network Angels
1 portfolio companies | Angel network investing in the WAEMU region
Kamioun
Online platform offering multi-category grocery supplies
$400K Seed
Lobby Capital
1 portfolio companies | Venture capital firm investing in multiple sectors
WaffarX
Online platform offering cashback and discounts on multi-category
products and services
Undisclosed Seed
First Rays Venture Partners
6 portfolio companies | Venture capital firm investing in seed stage tech
startups
Reposify
$8.50M Seed
Julius Baer
9 portfolio companies | Private Banking firm offering wealth management
services
First Digital Bank
$120M Series A
Savour Ventures
3 portfolio companies | Venture capital fund focused on food chain startups
Calo
$13.50M Seed

Top Funded Business Models - last 1 year
* Rank is based on $Invested in last 1 year in the Business Model. ▲- Indicates change in Rank from previous 1
year.
13
Rank Business Model $ Funding # Rounds Top Funding Round
1 ▲8 Cloud Infrastructure Security $1.1B 8 Orca Security | $340M | Series C
2 ▲6 Cloud Security $1.1B 9 Orca Security | $340M | Series C
3 ▲171 Lab Grown Meat Substitutes $479M 4 Future Meat T.. | $347M | Series B
4 ▲51 Blockchain Security $443M 2 Fireblocks | $310M | Series D
5 ▲27 Managed Cloud Kitchens $415M 1 Kitopi | $415M | Series C
6 -- Endpoint Security $356M 3 Cybereason | $275M | Series F
7 ▲44 HRMS for Enterprises $350M 3 Papaya Global | $250M | Series D
8 ▲44 Payroll Management Solutions $350M 2 Papaya Global | $250M | Series D
9 ▲316 Internet First Retail Banks with Partner Bank's License $346M 5 TSLC | $200M | Series B
10 ▼-4 Voice Analytics $250M 1 Gong | $250M | Series E

New Analyst Picks (1/3)
Interesting Companies identified by Analysts in MENA Tech in December 2021
MENA Tech: Analyst Picks
14
Upgraded to UNICORN
Noname Security (2020, , $60.0M, Series B)
API security solutions provider
ForgePoint Capital, Georgian, Cyberstarts and 4 other
Investors
Upgraded to SOONICORN
Opontia (2021, Dubai, Undisclosed, Venture Debt)
Presight Capital, Jonathan Doerr, Upper90 and 8 other
Investors
PlainID (2014, Misgav, Undisclosed, Series B)
Cloud-based access governance management solution
provider
IAngels, Itai Tsiddon, Vintage Investment Partners and
10 other Investors
First Digital Bank (2019, Tel Aviv, $120M, Series A)
Amnon Shashua, Julius Baer, Far East Ventures and 3
other Investors
Guardio (2014, Tel Aviv, $47.0M, Series C)
AI & cloud-based platform offering secure browsing
solutions
Cerca Partners, Vintage Global, Union Bank Of India
and 2 other Investors
TSLC (2019, Dubai, $200M, Series B)
Rothschild & Co,JPIN,and

15
Upgraded to MINICORN
Calo (2019, , $13.5M, Seed)
Vision Ventures, Nuwa Capital, Nama Ventures and 5
other Investors
Atmosec (2021, Tel Aviv, $6.0M, Seed)
Cloud based cyber risk and vulnerability assessment
solution provider
Battery Ventures, Ofer Ben-Noon, Glilot Capital
Partners and 3 other Investors
Reposify (2016, Bnei Brak, $8.5M, Seed)
, Janvest Capital Partners, First Rays Venture Partners
and 1 other Investors
Lynx (2017, Tel Aviv, $12.0M, Seed)
Provider of solutions for sharing data securely
8200 EISP, Amdocs, iAngels and 6 other Investors
Added to Editor's Pick
Sakneen (2019, Cairo, $1.1M, Seed)
Online real estate platform to buy and sell residential
properties
Y Combinator, Hem + Spire, Algebra Ventures and 2
other Investors
Elkaso (2021, Abu Dhabi, $2.1M, Seed)
Platform offering order management tool for
restaurants and suppliers
Global Founders Capital,MSA CAPITAL
MANAGEMENTand
Lamaa (, Riyadh, $5.5M, Seed)
Online platform for invoice financing
Raed Ventures,Saudi Aramco Entrepreneurshipand
Make My Day (2015, Hertzeliya, Undisclosed, Grant
(prize money))
Offers a location-based app to determine the optimal
route for multiple errands
Capital Nature, Plug and Play Tech Center,
Startupbootcamp and 7 other Investors
Englease (2019, Dubai, $3.4M, Seed)
Provider of an online platform to prepare for language
proficiency tests
Mohammed Bin Rashid Innovation Fund, Alma Capital,
Learn Capital and 6 other Investors
Flashcards (2021, Unfunded)
Provider of a flashcard and app-based learning
solutions for students
XEN Studios (2020, Dubai, Unfunded)
Developer of photo editing applications
Shuttle (2019, Riyadh, $999K, Seed)
Provider of on-demand locker systems
Impact46and

16
Edfundo (2020, Dubai, $400K, Seed)
App-based platform for money management for
students
Kamioun (2020, , $400K, Seed)
Online platform offering multi-category grocery
supplies
Janngo,Flat6Labs,Dakar Network Angelsand
Enamels (2007, Tehran, Unfunded)
Online price-comparison platform for multi-category
products
HIT RADIO (2014, Rabat, Unfunded)
Online platform for streaming radio stations
Jo Academy (2013, Riyadh, Undisclosed, Seed)
Mobile-based platform providing multi-disciplinary
learning solutions
Foursan Groupand
Reef (2020, Dubai, Unfunded)
Provider of blockchain network for DeFi
Marshland Capitaland
RUMBL (2020, Riyadh, $1.1M, Seed)
Online platform to connect with local fitness centers
BIMand
TMDONE (2019, Muscat, Unfunded)
Online platform for food ordering and delivery
G42 Healthcare (2020, Masdar City, Unfunded)
Provider of tools for the analysis of genomic
sequencing data
VoiceFront (2019, Tel Aviv, Unfunded)
Provider of AI-based conversational customer
engagement solutions for e-commerce businesses
Credeasy (2021, Dubai, Unfunded)
Cloud-based loan lifecycle management solution for
digital banks

IPO Date Company IPO Mcap Exchange Ticker
26 Dec 2022
Jahez Group (2016, Riyadh, )
Online platform offering food ordering and delivery services
$2.2B TADAWUL:
06 Dec 2021
Windward (2010, Tel Aviv, )
Provider of AI-powered maritime risk analytics solutions
$ LON:WNWD
09 Dec 2021
NeuroSense Therapeutics (2016, Ramat Hasharon, $1.1M)
miRNA-based drugs for Amyotrophic Lateral Sclerosis
$65.7M NASDAQ:NRSN
IPOs
List of IPOs in MENA Tech in December 2021
MENA Tech: IPOs
17

Acquisitions (1/2)
List of Acquisitions in MENA Tech in December 2021
MENA Tech: Acquisitions
18
Acq. Date Company Acquirer Deal Size
01 Dec 2021
Argon(2020, Tel Aviv, $4.0M)
Cloud based CI and CD security solutions provider
Aqua Security
01 Dec 2021
OrthoSpin(2014, Misgav, $8.0M)
External fixation system for bone injuries, bone lengthening &
limb deformities
All contents Medical Devices
Business Services
02 Dec 2021
testRTC(2014, Tel Aviv)
webRTC communication testing solutions provider
Spearline
05 Dec 2021
Mashuv(2006, Tel Aviv)
Provider of app-based school management software solutions
Priority Software $15.8M
07 Dec 2021
cardiovalve(2011, Or Yehuda)
Developer of a valve replacement device for treating
mitral/tricuspid regurgitation
Venus MedTech $300.0M
08 Dec 2021
Oulo(2020, Dubai, $0.5M)
Online gifting platform offering personalized celebrity shoutout
Minly
14 Dec 2021
Oribi(2015, Tel Aviv, $27.9M)
Business Intelligence for Product and Marketing Teams
Main Capital Partners
14 Dec 2021
WAC(2006)
Provider of AI and cloud-based fuel station management solutions
Otodata
15 Dec 2021
Panoply(2015, San Francisco, $24.3M)
Cloud-based real-time data warehouse and management platform
Sqream
15 Dec 2021
GAVS(1998, Abu Dhabi)
Cloud-based IT automation management software provider
Kedaara Capital Investment
Managers

Acquisitions (2/2)
List of Acquisitions in MENA Tech in December 2021
MENA Tech: Acquisitions
19
Acq. Date Company Acquirer Deal Size
18 Dec 2021
FilKhedma(2014, Cairo)
Online platform to book household repairs
SweepSouth
21 Dec 2021
Dynamic Yield(2011, Tel Aviv, $115.0M)
Provider of website optimization and personalization solutions
Mastercard
23 Dec 2021
Imvision(2015, Tel Aviv)
Provider of API security platform
Intuit $50.0M
24 Dec 2021
Driivz(2012, Tel Aviv, $37.0M)
Electric vehicle charging management platform
Gilbarco $200.0M
26 Dec 2022
Euclid System Engineering(2006, Bat Hefer)
Provider of smart positioning and tracking systems for aerospace
and defense industries
ORBIT Communication Systems

Recent News (1/2)
Recent News in MENA Tech in December 2021
MENA Tech:News
20
Exit News
.
● Intel Stock Surges On Plans For Potential $50 Billion Mobileye IPO The Street
.
● Mastercard to buy Mcdonald's personalisation platform FStech
.
● Zencity Accelerates Collaboration Between Communities and Local
Governments by Acquiring Civil Space Business Wire India
.
● Bizzabo Acquires Klik to Transform In-Person Events Into Immersive, Data
Driven Experiences PR Newswire
.
● Renesas Completes Acquisition of Celeno Business Wire
.
● Nigeria’s Helium Health moves into Middle East with Meddy acquisition Disrupt
Africa
.
● Aqua Security acquires Argon Private Equity Wire
.
● Anghami expects to complete merger with special purpose vehicle Vistas
Media soon Telecompaper
.
People News
.
● Todos Medical Appoints Valentino Smith, MBA as Vice President of Marketing
Financial Buzz
.
● Team8 Group Bolsters C-suite with Two New Partners & CTO Appointments
PRWeb
.
● NorthLadder appoints MD for Saudi operations Trade Arabia
.
● Radcom names Rahav as new CFO Telecompaper
.
● YouGov makes senior appointment to Benelux region Research Live
.
Company News
.
● FDA clears Insightec’s MRI-guided sound wave technology to treat prostate
cancer Fierce Biotech
.
● FDA Authorizes Further NurOwn® Dosing Under Expanded Access Program PR
Newswire
.
● Egypt E-commerce Furniture Startup Homzmart Launches In Saudi Arabia Tech
In Africa
.
● Playtika Expands Presence in Lausanne PR Newswire

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Tracxn - Geo Monthly Report - Mena Tech - Dec 2021

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