Labby
About
A newly launched Syrian super app aiming to unify ride-hailing, parcel delivery and other on-demand digital services into one mobile and web platform.
Founders
Recent News
#108 This week In MENA's Startup Scene! - by Maxim Hamida
This roundup covers more than $150M in announced financing across MENA, with notable deals including Saudi fintech Fina's $75M debt facility, SILQ's $20M structured financing, Labby's $10M investment to build a Syrian super app, and several seed and pre-seed rounds.
MENA Startups Raise $96.1 Million in Two Weeks as Saudi Arabia Leads Fintech Investment - إنت عربي
Ten MENA startups raised a combined $96.1M between July 12–26, led by a $75M Shariah‑compliant financing for Saudi fintech Fina. Other notable deals included a $10M Syrian investment for Labby, an $8M AI investment in Think, and a $2M tranche for Morocco’s ORA Technologies.
Investment momentum continues in MENA amid conflict
Investment momentum in MENA continued despite regional tensions with notable fund commitments and startup rounds across Saudi Arabia, Egypt and Syria, including SEEDRA Ventures Fund II, Reme-D, FLOATY Studio and Labby.
Syrian app Labby raises $10 million in new investment
Labby, a newly launched Syrian super app, raised $10 million in a financing signed in Damascus to build an integrated platform combining ride-hailing, parcel delivery and other on-demand services. The signing was held publicly with Communications Minister Abdul Salam Haykal in attendance.