Wamda

U.A.E

Edfundo rasies $400,000 in pre-Seed, prepares for $1.5 million Seed round

UAE-based Edfunfo, a children's financial literacy app, has raised $400,000 in a pre-Seed funding round. Founded by Simon Wing...

Edfundo kids-focused fintechs

U.A.E

Mindshift Capital invests in US femtech Rosy

UAE-based VC Mindshift Capital has invested in US-based healthtech Rosy, as part of its $2 million Seed round. Founded in 2019 by...

Mindshift Capital Rosy femtech

U.A.E

CARS24 raises $20 million debt funding from CBD

India-based automotive e-commerce platform CARS24 has raised Dh75 million ($20 million) in local debt funding from the Commercial Bank...

CARS24 Commercial Bank of Dubai

U.A.E

Cashfree pumps $15 million equity investment into UAE’s Telr

India-based payments and API banking solutions company, Cashfree Payments has allocated an equity investment of $15 million in Telr, a...

Cashfree Telr

U.A.E

Dubai's iMile raises $40 million to connect Chinese sellers to emerging markets

Dubai-based last mile delivery company iMile, has raised a $40 million Series A round at a $350...

iMile

U.A.E

UAE accedes to Madrid Protocol: What does this mean for founders in the UAE?

Bianca Gracias is a partner at ICLO, a UAE-based legal services firm The Madrid System is a convenient and cost-effective solution for...

trademarks

U.A.E

UAE Splashlight Studios raises $1 million Seed round from Eagle Ventures

UAE-based e-commerce digital solutions provider Splashlight Studios has raised Seed funding of $1 million from Eagle Ventures. Founded...

Splashlight Studios e--commerce Solutions

Saudi Arabia

Raseed closes $1.1 million investment round led by Impact46

UAE-based investment platform Raseed has raised $1.1 million in a pre-Seed round led by Impact46 with participation from Oqal Angel...

Raseed Impact46

U.A.E

How did one Dubai startup scale to 24 markets with less than $10 million?

A “real coup” is how Arrow Labs founder Rami Darwish describes the partnership he has signed with BMB, a multinational IT...

SAAS Arrow Labs Draper Associates

U.A.E

YallaMarket’s $2.3 million pre-Seed and the rapid rise of quick commerce

Motorbikes emblazoned with the logo of a food, grocery or last mile delivery company can be seen on almost every street in the UAE. Such...

YallaMarket quick commerce e-grocery

U.A.E

UAE fintech LNDDO raises $3 million Seed round

UAE-based B2B fintech LNDDO has raised a $3 million Seed round backed by a network of investors led by H.H Sheikh Tahnoon Bin Shakhboot...

LNDDO Fintech

U.A.E

UAE-based neighbourhood app Hayi raises $325,000 Seed round

UAE-based “neighbourhood app” Hayi, has raised a $325,000 Seed round, led by Sarya Holdings and Falak Startups, with...

Hayi community app

U.A.E

Cryptocurrency trading platform HAYVN closes Series A round

Abu Dhabi-based digital currency trading platform HAYVN has closed its Series A funding round for an undisclosed amount, led by Red Acre...

HAYVN cryptocurrency

U.A.E

Dubai-based HyperSpace raises $11 million Seed round

Dubai-based blockchain-enabled extended reality startup HyperSpace has raised $11 million in equity and development Seed funding, led by...

HyperSpace Blockchain

U.A.E

Foodlink raises $8 million in Series B funding round

UAE and India-based foodtech startup Foodlink, has raised $8 million in its Series B funding round, led by Arpit Khandelwal, the...

Foodlink foodtech

U.A.E

Etisalat acquires UAE-based elgrocer

Telecoms operator Etisalat has fully acquired UAE-based elgrocer, an e-grocery startup for an undisclosed sum. Founded in 2015 by...

elGrocer etisalat e-grocery

U.A.E

Kitopi invests in five virtual restaurant groups in GCC

UAE-based cloud kitchen Kitopi, has invested an undisclosed sum in several regional virtual restaurant groups, including Cloud...

Kitopi cloud kitchen Leap Nation

U.A.E

UAE’s Swvl expands into Latin America by acquiring Argentina's Viapool

UAE-based Swvl has entered the Latin American mobility market by acquiring a controlling stake in Argentina's Viapool for...

Swvl Latin America

U.A.E

Nomod raises $3.4 million seed round at $50m valuation to accelerate growth

UAE-based fintech Nomod, has raised a $3.4 million Seed round with participation from Y Combinator, Global Founders Capital Kingsway...

Nomod YCombinator

U.A.E

Dubai-based Zofeur raises $500,000 Seed round

Dubai-based ride-hailing startup Zofeur has announced it raised a $500,000 Seed funding round in May 2021, led by angel...

Zofeur Transportation Dubai

U.A.E

Dubai launches Dh1 billion Future District Fund

Dubai has launched a Dh1 billion ($272 million) Dubai Future District Fund to support Seed to growth-stage tech startups and encourage...

Dubai Future District Fund

U.A.E

Tarjama raises investment from Amethis to fuel global expansion

Amethis, an investment fund focused on Africa and Mena has acquired a minority stake in UAE-based Tarjama. Founded in...

Tarjama Amethis

U.A.E

SDF to pour $150 million into local, international VC investments

The UAE’s Strategic Development Fund (SDF), the investment arm of Tawazun Holding, has allocated $150 million (DH551.2 million) to...

Strategic Development Fund SDF Tawazun

U.A.E

Wamda participates in Verity's $800,000 pre-Seed round

UAE-based financial literacy startup Verity, has closed a $800,000 pre-Seed round, backed by regional venture capital firms,...

Verity Fintech financial literacy

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