MENA Digest: Kema, Logidoo raise early-stage capital, Sowt buys Rising Giants NetworkCredit: VCCircleStartup dealmaking in the Middle East and North Africa region this week was led by a couple of early-stage funding deals and an acquisition. While the UAE-based fintech platform Kema secured pre-seed funding, Moroccan logistics solutions provider Logidoo raised seed funding. Jordan-based Arabic audio content production platform Sowt acquired the UAE-based podcast platform Rising Giants Network. AdvertisementDubai Future District Fund (DFDF), the region’s first evergreen venture capital fund-of-funds and direct investment vehicle, also participated in the round. AdvertisementSowt-Rising GiantsAmman-based Arabic audio content production platform Sowt has acquired podcast producer Rising Giants Network (RGN) for an undisclosed sum to widen its reach and product portfolio.

Source: The North Africa Journal February 16, 2024 12:00 UTC