All updates.

June 2025

• Silicon Badia leads Thunder Code’s $9M Seed Round To Expand AI-Powered Software Testing Platform

February 2025

• Journify Raises $4M to Define the Future of AI-Powered, Privacy-First Data Activation

August 2024

• Egypt-Based Synapse Analytics’ US$2 Million Funding Round Is Set To Expand Its Artificial Intelligence Technologies Across The GCC And Africa

July 2024

• Egypt’s Cartona raises $8.1M

April 2024

• Empower Signs Definitive Agreement to Acquire Petal

January 2024

• Roboost raises $3 million investment led by Silicon Badia

August 2023

• SchoolStatus Announces Acquisition of ClassTag Strengthening its Suite of K-12 Data, Workflow, and Communications Solutions

April 2023

• LexisNexis Risk Solutions Acquires Human API

February 2023

• Time-series specialist InfluxData raises $81M to focus on real-time analytics

December 2022

• Bayzat raises $25 million Series C round

November 2022

• Neobank For Businesses Raises Its Valuation To $720 Million Despite Fintech Depression

October 2022

• RoadRunner Recycling Acquires Compology to Accelerate Sustainable Waste and Recycling

September 2022

• Silicon Badia leads a $4.6M round in Userpilot, a product-led growth platform for SaaS companies

July 2022

• Silicon Badia leads $12M Series A into Cartona

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• Beauty Tech Company Mayvenn Announces $40 Million Series C to Grow its Marketplace Platform and Expand an Unprecedented Omni-Channel Walmart Partnership

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• Anava Fund of Fund invests in Silicon Badia’s second MENA region fund BIF II

March 2022

• Swvl Rings the Nasdaq Stock Market Opening Bell

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• Amadeus Acquires Kambr to Expand Its Revenue Management Offer for Airlines

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• Lightning strikes again as Electric hits unicorn status

January 2022

• Bennie Raises $33 Million Seed Round to Transform the Employee Benefits Experience

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• Silicon Badia, a leading global venture capital investor, announces the appointment of new MENA region team members including new Partner Marie Therese Fam

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• Novo, the SMB neobank, nabs $90M at a $700M valuation

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• Petal nears unicorn status with fresh $140M in capital to upend ‘broken’ traditional credit system

December 2021

• CometChat Raises $10 Million In Series A

November 2021

• Eon Dental secures $26M

October 2021

• Electric, the IT platform for SMBs, raises $90 million Series D

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• Ceres Imaging Secures $23M in Series C Funding to Fuel Development of AI in Agriculture

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• Integry Emerges From Stealth With $4 Million to Make SaaS Integrations Seamless for Product Teams

September 2021

• Amplitude Shares Soar as It Opens for Trading in Direct Listing

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• Crypto wealth management startup Abra raises $55 million in heat of digital asset boom

August 2021

• testRigor scores $4M seed to turn a list of actions into a QA testing script

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• Moesif secures $12M to provide user behavior insights on API usage

July 2021

• SWVL, a transformative mass transit platform, lists on the NASDAQ

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• Analytics firm Amplitude confidentially files for direct listing

June 2021

• Novo, a neobank for SMBs, banks $41M

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• Strateos Raises $56 Million To Build Out Its Vision Of Scientific Automation

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• Analytics Startup Amplitude Valued at $4 Billion in Sequoia-Led Funding Round

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• Silicon Badia Secures $50M For New MENA-Based Venture Fund

May 2021

• Procore raises $635M in long-awaited IPO

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• Egyptian Delivery Startup Bosta Raises $6.7 Million Series A

April 2021

• Expensya, the automated spend management solution for businesses, secures $20M in financing co-led by Silicon Badia

February 2021

• Newsela Announces $100 Million Series D Financing

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• Petal Takes In $126.6M Debt Facility To Provide Access To Credit

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• Electric raises $40M Series C to put small business IT in the cloud

January 2021

• Kambr Closes $3 Million Funding Round

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• Brace raises $15.7M Series B

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• The Startup world remembers our great late Partner Emile Cubeisy

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• Pentair Completes Acquisition of Rocean

October 2020

• Human API raises $20 million to standardize health records with AI

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• Silicon Badia invests in Intellihealth, a health-tech company helping combat obesity

September 2020

• Kansas City startup BackLotCars cashes in big with $425M sale

June 2020

• ClassTag raises $5M for parent-teacher communication

May 2020

• Amplitude, Cloud Startup That Tracks Online User Behaviors, Is Now Valued At $1 Billion

March 2020

• COVID-19: our message to our portfolio company founders & management

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• Electric raises additional capital from Dick Costolo and Adam Bain

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• Silicon Badia invests in CometChat

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• Silicon Badia invests in Realm

February 2020

• Brace Raises $10 Million in Series A Funding Led by Point72 Ventures

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• School Communication Startup Classtag Raises $3.6M More in Seed Funding

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• Liwwa raises $6 million to fuel growth of its SME lending marketplace

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• Global Healthcare Exchange Announces Acquisition of Lumere

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• Middle East healthcare platform Vezeeta raises $40M Series D

October 2019

• Bayzat announces $16 million Series B funding

September 2019

• Credit card start-up Petal raises $300 million debt round from Jefferies

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• Kambr announces $4M in seed funding!

July 2019

• Procore to Acquire Honest Buildings to Enhance Project Management for Owners

June 2019

• PDI acquires SB portfolio company CStorePro

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• We invested in the seed round of kambr, a company rebuilding revenue management for commercial aviation and other transportation

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• Egypt Bus-App Swvl Raises $42 Million for African Expansion

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• Self-driving delivery van startup Gatik AI comes out of stealth with Walmart partnership

May 2019

• Compstak closes Series B round of funding

April 2019

• BacklotCars raises $25 million to accelerate its rapid growth nationwide in disrupting the $100 billion auto wholesale market

March 2019

• Novo announces $4.8M Seed Round

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• Newsela closes $50M round of funding led by TCV

February 2019

• InfluxData raises $60 million for time-series database software

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• Health Data Network Human API Announces $10 Million Funding Round

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• Electric raises $25M to automate IT tasks

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• Petal announces $30M in venture funding

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• ClassTag announces seed round

January 2019

• Moesif announces its $3.5M Seed round of funding

December 2018

• BacklotCars announces Series A round of funding !

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• Silicon Badia featured in Entrepreneur Magazine !

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• Amplitude announces growth round of funding!

November 2018

• SWVL announces new round of funding!

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• We invested in Jellifin to help modernize trading technologies!

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• Silicon Badia featured on Entrepreneur.com

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• Mayvenn announces $23M round of funding

September 2018

• Vezeeta, the leading MENA healthcare startup, secures $12M Series C led by STV

August 2018

• Worklete closes $6.5M Series A round of funding

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• Backlot Cars raises $7M Series A

July 2018

• One of our managing partners Namek Zu’bi was featured in Forbes

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• We invested in CoLoadX, an international ocean freight marketplace

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• Ceres Imaging gets $25M to intelligently scan crops from above

June 2018

• Silicon Badia invests in Gatik, an AI company developing software solutions for autonomous urban driving

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• Silicon Badia invests in Brace.ai, a startup helping rethink mortgage servicing

May 2018

• Forever Labs announces its seed investment round

April 2018

• Announcing our new portfolio company: SWVL

March 2018

• We invested in Plot, a company that pairs IoT sensors and cloud-based software to provide airport and city monitoring

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• We invested in Authenticiti, a provider of enterprise-grade blockchain infrastructure

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• Electric raises Series A from Bessemer

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• Petal announces partnership with WebBank

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• Our team member Jenny featured in the Financial Times!

February 2018

• liwwa raises capital from the Dutch development bank FMO

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• InfluxData raises $35M Series C

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• Honest buildings announces $21M Series B

January 2018

• Petal Announces Series A funding

December 2017

• Silicon Badia, Endeavor Jordan and USAID launch a joint fund

November 2017

• We invested in Super Dispatch

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• We led a $5M investment round in Bayzat