Wamda

U.A.E

UAE’s Terra raises $2 million Seed

UAE-based electric mobility company Terra, has raised a $2 million Seed round from a group of angel investors. Founded in 2021 by...

Terra

U.A.E

US-based Mercer acquires UAE’s The Talent Enterprise

US-based talent and workforce management enterprise has acquired The Talent Enterprise (TTE), a psychometric and talent assessment...

The Talent Enterprise

U.A.E

UAE’s Fundbot raises $1.5 million Seed

UAE-based fintech Fundbot, has raised a $1.5 million Seed round led by Hambro Perks Oryx Fund, with further support from Aditum...

Fundbot Fintech B2B lending

U.A.E

The evolution of Wally, from expenses tracking to personal finance AI

Resilience is often highlighted as an important skill for entrepreneurs to have and few have shown as much resilience as Saeid Hejazi and...

wally Fintech ChatGPT

U.A.E

Midori raises $200,000 pre-Seed at COP28

UAE-based climate tech, Midori Network has secured $200,000 in a pre-Seed funding from Kirill Veselov, an angel investor and former...

Midori Network Climatetech in5

U.A.E

Climatetech startup HyveGeo raises pre-Seed round

UAE-based climatetech startup HyveGeo has raised a pre-Seed funding round led by SystemaNova.vc. The amount raised was not...

HyveGeo Climatetech

U.A.E

Clara acquires BOTH Corporate Services Limited

UAE-based legaltech Clara has acquired BOTH Corporate Services Limited (BCS), aprovider of corporate services in Abu Dhabi Global...

Clara Legaltech

Saudi Arabia

Pure Harvest acquires Red Sea’s production facility in Saudi Arabia

UAE-based agritech Pure Harvest Smart Farms has announced the acquisition of Red Sea’s controlled-environment agriculture (CEA)...

Red Sea Farms Pure Harvest Smart Farms

U.A.E

EasyLease acquires 60 per cent stake in UAE’s EV manufacturer Fully Charged

EasyLease, a mobility solutions provider and a subsidiary of Abu Dhabi-based International Holding Company, has acquired a 60 per cent...

FullyCharged EasyLease

U.A.E

Investcorp launches $750 million climate technology investment platform

Bahrain-based Investcorp, a global alternative investment management firm, has launched a $750 million climate solutions investment...

Investcorp COP28

U.A.E

Spearheading a sustainable future in the UAE

Petra Jeffery is assistant professor at Heriot-Watt University Dubai Nestled in the heart of the Middle East, the United Arab Emirates...

green tech Cleantech

U.A.E

DFDF allocates Dh200 million to invest in climate technologies

The Dubai Future District Fund (DFDF) has allocated up to 20 per cent, corresponding to Dh200 million of its Dh1 billion fund to...

COP28 Dubai Future District Fund

U.A.E

PepsiCo, SABIC, AstroLabs launch Mega Green Accelerator to support cleantech startups

PepsiCo, SABIC, AstroLabs, and their strategic partners have announced the launch of the Mega Green Accelerator to invest in startups...

Astrolabs Pepsico

Saudi Arabia

Omniful raises $5.85 million Seed for Mena expansion

Saudi Arabia and UAE-based supply chain and e-commerce enablement startup Omniful has raised a $5.85 million Seed round, led by...

Omniful E-commerce VentureSouq

U.A.E

Hub71 launches climate tech-focused programme for startups worldwide

Hub71, an Abu Dhabi-based global tech ecosystem, has announced the launch of Hub71+ ClimateTech to support startups worldwide working on...

Hub71

U.A.E

UAE’s Immensa raises $20 million Series B round

UAE-based additive manufacturing startup Immensa, has raised a $20 million Series B funding round, led by Global Ventures, along with...

immensa Global Ventures series B

U.A.E

The Surpluss wins Dh250,000 in Mastercard, Aramex ScaleUp 2023 competition

B2B cleantech startup, The Surpluss, has been awarded Dh250,000 after being named the winner in the Mastercard and Aramex ScaleUp 2023...

The Surpluss

U.A.E

Fintech Yabi closes $8 million round

UAE-based fintech Yabi By Souqalmal, has raised an $8 million round, to invest in product development and accelerate regional...

Yabi

U.A.E

Flow48 secures $25 million in pre-Series A funding

UAE-based fintech Flow48 has raised $25 million in pre-Series A funding, comprising a mix of equity and debt from several investors,...

Flow48 Endeavor Catalyst Fintech

U.A.E

Modus invests $2.8 million in eight startup launches through its Venture Builder platform

UAE-based Modus Capital has announced the launch of eight new startups as part of its venture builder programme, investing $2.8 million...

Modus Capital

Turkey

UAE’s Your Compass invests in Fork N Knife’s $800,000 Seed round

UAE-based Your Compass has participated in Turkey-headquartered cloud kitchen operator Fork N Knife’s $800,000 Seed round. The...

Fork N Knife

U.A.E

UAE mobility and logistics startup Wize raises $16 million in pre-Seed round

UAE-based logistics startup Wize has raised $16 million in a pre-Seed funding round led by angel investors. Founded in 2022 by...

Wize

U.A.E

Mafhoom secures $1.36 million pre-Seed

UAE-based fintech Mafhoom Technologies has raised a $1.36 million pre-Seed funding round, led by Al-Wafra Al-Thanya for...

Mafhoom Fintech Al-Wafra Al-Thanya for Investments

Global

SC Ventures, SBI Holdings launch digital asset investment firm in UAE

SC Ventures, the investment arm of Standard Chartered, has partnered with Japan-based SBI Holdings, to establish a digital assets...

SC Ventures SBI Holdings Digital assets

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