Qme

February funding roundup ?? Catch up on all the startup announcements you missed ??

???????????????? ???? ?????????????? ?????? ?????????????? $3?? ???? ?????????????????????????? ?????????? ???????????????????? Egyptian SaaS startup Qme received $3 million in seed funding from deep-tech firm AHOY to improve its AI-driven appointment booking tools. Since its 2023 launch, the company's technology has serviced over 100,000 healthcare, financial, and government users, lowering average waiting times from 116 to 14 minutes. The investment would speed Qme's expansion in GCC and African countries, tackling major inefficiencies in MENA, where 92% of appointments are booked by phone. The company cut no-show rates from 31% to 1% and digitized paper-based queuing systems, saving 50,000 square meters of paper. Qme will empower 10,000 MENA entrepreneurs and 30,000 software developers through AHOY's Startup Builder Initiative by 2030. Qme gains logistics and aviation expertise from AHOY, increasing its position to transform consumer experiences in dynamic markets. #AI #QueueManagement #MENA

#UAE #investment?– The #UAE has pledged $40 billion in investments across Italian industries, prioritizing AI, space, and renewable energy. Among the 40 agreements signed, Abu Dhabi’s?MGX?AI fund and?G42?formed a strategic partnership with Italy’s?ENI. #Qatar #WebSummitQatar?–?Invest Qatar?has signed a strategic partnership with Uzbekistan’s?Ministry of Digital Technologies?to drive digital transformation & investment. #UAE #investment?–?Khazna Data Centers?has brought in?MGX?and?Silver Lake?as investors as?e&?sells its 40% stake in the company to?G42?for $2.2 billion. #Albania #smartcities?– Abu Dhabi-based?Presight?has signed an agreement to develop smart city infrastructure. The AI-driven initiative, backed by the UAE’s leadership, aims to position Albania as a European leader in smart nation technologies. #Qatar #WebSummitQatar?– Qatar Ministry of Communications?has signed a five-year #partnership with?Scale AI?to integrate AI into public services. #Thailand #infrastructure?– Thailand’s?International Digital Business & Finance Centre (#TIDC)?has signed an MoU with?G42?to advance #AI and cloud capabilities. #UAE #smartcities?– Roads and Transport Authority is rolling out an AI-powered traffic signal system using #predictive #analytics and digital twin technology. The #UTC-#UX Fusion system aims to cut congestion by #20% and enhance journey times. Prosperity7 Ventures #Saudi #funding?–?aramco’s $3 billion VC fund,?Prosperity7 #Ventures, co-led a $305 million funding round for US-based?Together AI, alongside?General Catalyst. #UAE #funding?– #US & #UAE-based martech firm?has raised $4 million to expand its AI-powered customer data platform. Led by?Silicon Badia?with backing from Saudi’s?RZM, the investment will enhance Journify’s solutions for real-time first-party data activation. #Egypt #SaaS?– #Egypt-based SaaS startup?Qme?has secured $3 million in seed funding, led by UAE’s AI group?AHOY. Qme’s AI-powered platform improves queuing & appointment systems. #UAE #platforms?–?Presight?has launched?Presight #Synergy, an AI-powered #enterprise platform designed to unify data management, AI analytics, and business intelligence. The platform aims to streamline AI adoption across major industries. #UAE #exectraining?–?Mohamed bin Zayed University of Artificial Intelligence (#MBZUAI)?has opened applications for its Executive Program. Aimed at business and government leaders, it provides hands-on AI experience and strategic insights. #UAE #GenAI– Several UAE schools have restricted access to #ChatGPT to uphold academic integrity. Educators cite concerns over AI-generated content and plagiarism. Bahrain TV debuts AI-generated Ramadan content #Bahrain #AI?– Bahrain’s?Ministry of Information?has produced 15 AI-generated television segments for Ramadan, marking its first use of AI in video content. Stay up to date in #GCC, the region bleeds and feeds Data ! #UAE #KSA #EGYPT #Bahrain #GCC #Data #AI #Investments #ResponsibleAI Carrington Malin

?????????? ?????????????????? are the unsung heroes of any vibrant startup ecosystem. #????? ??? At Qme we got beyond lucky in bringing the right Angel investors to join our journey who played a major role in where we are today and what we can be in the future. Abdel Rahman Shorosh The definition of a real partner especially when things go south you will find him the first to call asking what do WE need to fix it not what do YOU need, While always standing last in line during celebrations. Hesham Elbosaty Qme number 1 brand ambassador that tend to create any opportunity to upsell Qme anywhere in a UN conference, Banking event or even a hospital visit. Mohamed Mahran The strategist who always look at the bigger picture ignoring small setbacks, if you knew how he joined Qme you would be shocked of how what is meant to be will always be. Tarek ROUSHDY The voice of wisdom & cautious optimism during both good & bad times. Without the support of these people we would have never make it through 2023 which you can say was really hard for startups globally, very hard for startups in emerging markets but for Egyptian startups believe me it was ????? ????? ??????? ???????? But more about that in a separate post.

++ Qme and AHOY Join Forces to Streamline Customer Journeys Across MENA ++ Qme, an emerging B2B SaaS startup based in Egypt, has raised $3 million in a seed funding round led by AHOY, a multisector technology company, along with a group of angel investors from the GCC. "Our partnership with AHOY is a major milestone, as it strengthens our ability to optimize movement in dynamic, real-world scenarios while transforming customer experiences. AHOY’s operational excellence and robust tech stack are invaluable as we scale in vibrant markets. I’m super excited to have Jamil Shinawi, AHOY’s CEO, joining Qme Advisors Committee. Our partnership with AHOY marks a pivotal moment in our journey." – Maged Negm, CEO and Co-Founder, Qme "Qme’s platform aligns perfectly with our ethos of reducing friction in everyday processes. Their ability to streamline the customer journey resonates with AHOY’s mission of solving real-world inefficiencies through innovation. The collaboration leverages AHOY’s multi-sector expertise and visionary approach to help Qme penetrate complex markets across the GCC and African regions and advance globally." – Jamil Shinawi, CEO and Co-Founder, AHOY #techafricanews #gcc #africa #egypt #customer #journey #multisector #expertise #globally #innovation

Key Funding Highlights from MENA Startups This Week The Box Self Storage Services LLC (???? UAE) ? Industry: Self-storage services catering to the UAE’s expat population. ? Funding: Raised $12.5 million in debt financing. ? Founders: Wadih Haddad ? Lead Investor: Shorooq Blum (???? UAE) ? Industry: Decentralized exchange offering token access via gamification in a Telegram mini-app. ? Funding: Closed $5 million (combined pre-seed and seed round). ? Founders: Gleb Kostarev and Vladimir Smerkis ? Lead Investor: gumi Cryptos Capital , Spartan, No Limit Holdings , YZi Labs , OKX Ventures MANSA (???? UAE) ? Industry: Stablecoin-based cross-border payment solution. ? Funding: Raised $3 million in pre-seed funding. ? Founders: Mouloukou S., Nkiru Uwaje ? Lead Investor: Tether.io , Polymorphic Capital ? Other Investors:Octerra Capital, Trive Digital Qme (???? Egypt) ? Industry: AI-driven digital infrastructure for booking, queuing, analytics, and payments. ? Funding: Raised $3 million in a seed round. ? Founders: Maged Negm ? Lead Investor: AHOY, GCC angel investors Dabchy (???? Tunisia) ? Industry: Second-hand fashion marketplace. ? Funding: Secured a seven-figure USD pre-Series A investment. ? Founders: Ameni Mansouri , Ghazi Ketata and Mahjoub Oussama ? Lead Investor: Janngo.africa ? Other Investors: Karim Beguir (InstaDeep co-founder), angel investors Sellenvo, Inc. Inc. (???? Palestine) ? Industry: AI-powered e-commerce process automation. ? Funding: Received an undisclosed amount. ? Founders: Ahmed Alsaidi , Abed Alzain ? Lead Investor: Ibtikar Fund Malakah|?????? (???? KSA) ? Industry: Legaltech platform using AI for contracts and case analysis. ? Funding: Closed a $600k pre-seed round. ? Founders: ABDULLAH BOKHARI , Mohammed Alharbi and Sanan bin Tahir ? Lead Investor: Angel investors Daleela by Motherbeing (???? Egypt) ? Industry: AI-powered women’s health app for Arab women. ? Funding: Raised $200k in pre-seed funding. ? Founders: Nour Emam , Yousef ElSammaa ? Lead Investor: Madica Pixii Motors (???? Tunisia) ? Industry: Eco-friendly electric transport solutions. ? Funding: Raised $200k in pre-seed funding. ? Founders: Anis Fekih , Wafa Dhifi and Imed Mlaweh ? Lead Investor: Madica #MENAStartups #VentureCapital #TechFunding #StartupEcosystem #Innovation #Entrepreneurship #FundingRound

This week's MENA startup funding round-up ?? The Box Self Storage Services LLC?(?????UAE),?a self-storage provider catering to the strong demand for flexible storage solutions among the UAE's expat population, has raised $12.5 million in debt financing. ?? Founder: Wadih Haddad ?? Investor: Shorooq Blum?(?????UAE), a decentralised exchange offering universal token access through gamification in a Telegram mini-app, has raised $5 million in a combined pre-seed and seed round. ?? Founder: Gleb Kostarev and Vladimir Smerkis ?? Investor: Led by gumi Cryptos Capital, Spartan, No Limit Holdings, YZi Labs, and OKX Ventures. MANSA?(?????UAE), a stablecoin-based solution that offers payment providers in both emerging and mature markets a flexible and reliable way to manage liquidity challenges in cross-border payments, has raised $3 million in a pre-seed funding round. ?? Founder: Mouloukou S. and Nkiru Uwaje ?? Investor: Led by Tether.io and co-led by Polymorphic Capital, with participation from other prominent investors including Octerra Capital, Faculty Group, and Trive Digital. Qme?(?????Egypt), an AI-based digital infrastructure platform integrating booking, queuing, analytics, and payment solutions, has raised $3 million in a seed round. ?? Founder: Maged Negm ?? Investor: Led by AHOY and GCC angel investors. Dabchy?(?????Tunisia), an e-commerce marketplace for second-hand fashion, has secured a seven-figure USD round pre-Series A investment. ?? Founder: Ameni Mansouri, Ghazi Ketata, and Mahjoub Oussama ?? Investor: Led by Janngo.africa and angel investors, including Karim Beguir, founder of InstaDeep. Sellenvo, Inc.?(?????Palestine),?an AI-driven platform that consolidates and automates key e-commerce processes, has received an undisclosed funding amount. ?? Founder: Ahmed Alsaidi and Abed Alzain ?? Investor: Ibtikar Fund Malakah|???????(?????KSA),?a legaltech platform providing advanced legal guidance, contract generation and analysis, and case analysis via generative AI, has closed a $600k pre-seed round. ?? Founder: ABDULLAH BOKHARI, Mohammed Al Harbi, and Sanan bin Tahir ?? Investor: Angel investors Daleela by Motherbeing?(?????Egypt), an AI-powered women’s health app specifically designed for Arab women, has raised $200k in pre-seed funding. ?? Founder: Nour Emam and Yousef ElSammaa ?? Investor: Madica Pixii Motors?(?????Tunisia),?an e-mobility company offering eco-friendly electric transport solutions for urban areas, has also received $200k in pre-seed funding. ?? Founder: Anis Fekih, Wafa Dhifi and Imed Mlaweh ?? Investor: Madica *************************** ?? Get the full MENA start-up funding roundup, direct to your inbox here: https://lnkd.in/eVbWNJNp #mena #startups #vcfunding #uae #saudi

TIEC's Incubation Program StartIT Congratulates Qme on Its Investment Success! ???? We are proud that Qme, a graduate of our Start IT program, continues to excel in the tech industry, securing $3 million in funding in a seed round led by AHOY and strategic investors from the GCC. This milestone reflects its leadership in AI-driven customer interaction management solutions and supports its expansion into regional and global markets. We wish Qme continued success and growth on its journey of innovation and expansion! ??? #ITIDA #investment #StartupTalks #Africa #economy #startup #Innovation #Egypt #pitching #Startups #incubator #StartIT #vc #TIEC #incubators #entrepreneurs

We would really like to thank everyone who covered our news on other social media channels, we really appreciate it. Read more: https://lnkd.in/ggUs6HCP https://lnkd.in/gPsH8qNq https://lnkd.in/gY8hZBkQ https://lnkd.in/gtSRPfn4 https://lnkd.in/gifW8JD8