Wamda

U.A.E

Healthtech KLAIM secures $1.6 million pre-series A round

UAE-based healthtech KLAIM has secured $1.6 million funding in a pre-series A round, led by Mad’a Investments, with participation...

KLAIM healthtech

U.A.E

Pollen Street acquires majority stake in Ding

Mobile top-up services company Ding has sold its majority stake to the London-based alternative investment management company, Pollen...

Ding Pollen Street acquisition

U.A.E

Emaar considers sale of Namshi

Emaar Malls, the retail arm of Dubai-based real estate developer Emaar Properties, is considering selling e-commerce startup Namshi for...

Emaar Malls emaar properties Namshi

U.A.E

Starzly raises undisclosed Seed funding round

UAE-based media startup Starzly has raised an undisclosed amount in a Seed round from SEEDRA Ventures, 500 Startups and existing...

Starzly Entertaintech

U.A.E

Hala raises $5 million in Series A

Abu Dhabi-based insurtech, Hala, has raised a $5 million funding round led by Entrée Capital, with participation from Mubadala...

uae Insurtech

U.A.E

Alef Hospitality launches innovation lab

Alef Hospitality has launched a hotel innovation lab for UAE-based startups working in the tourism, travel and hospitality...

Tourism Alef Hospitality

U.A.E

Autotech startup Odiggo raises $2.2 million in Seed round

Dubai-based auto-tech app Odiggo has raised $2.2 million in a Seed round, from Y Combinator, 500 Startups and...

Odiggo autotech

Saudi Arabia

invygo raises $1.9 million in pre-Series A round

Saudi Arabia-based car subscription platform invygo has raised $1.9 million in pre-Series A round from Signal Peak Ventures, JS Group,...

Invygo car subsciption

U.A.E

MySyara raises $400,000 and announces $2.6 million acquisition to fuel expansion

UAE-based automotive startup MySyara has acquired an undisclosed auto parts distributor in the UAE in a deal valued at $2.6 million....

MySyara

Global

UAE's KAAF Investments and Spartech Ventures participate in Nigeria-based Moove's $23 million Series A round

UAE's KAAF Investments and Spartech Ventures have invested in Nigeria-based auto-financing startup Moove's...

Moove Spartech Ventures KAAF

U.A.E

Augustus Media raises $400,000 in debt financing

Dubai-based new media startup Augustus Media has raised $400,000 in debt financing led by crowdfunding platform Beehive. Founded in...

Augustus Media beehive

U.A.E

Sarwa closes $15 million Series B round led by Mubadala

UAE-based fintech Sarwa has closed a $15 million Series B funding round, led by Mubadala Investment Company with participation from...

Fintech sarwa series B

U.A.E

E-commerce startup Splyr Global raises $500,000 investment

Dubai-based e-commerce startup Splyr Global has received a $500,000 investment from Quality & Saving Center, a hypermarket...

Splyr E-commerce

U.A.E

Can AI work in oil and gas without historical data?

In some countries in the Middle East, the oil and gas (O&G) sector contributes as much as 90 per cent to gross domestic product (GDP)....

deeptech Artificial intelligence nybl

U.A.E

tabby closes $50 million Series B round

UAE-based buy now pay later (BNPL) startup tabby has raised $50 million in a Series B round, valuing the fintech at $300 million. The...

Buy now pay later Fintech Tabby

U.A.E

SimpliFi launches after closing Seed round led by Raed Ventures

UAE-based fintech SimpliFi has emerged from stealth mode to launch its “cards as a service” platform in the Middle East and...

SimpliFi Fintech CaaS

U.A.E

Baraka launches app after $4 million Seed round

Dubai-based fintech startup Baraka has launched its app today after raising a $4 million Seed round, from Nuwa Capital, Global...

Baraka Fintech

Turkey

FENIX acquires Turkey's PALM after raising fresh funds

UAE-based micromobiltiy operator FENIX has raised additional funds from its existing investor to finance its recent expansion to Turkey...

Fenix micromobility

U.A.E

Opontia acquires medical equipment e-commerce brand Novimed

E-commerce enabler Opontia has acquired UAE-based direct-to-consumer (D2C) medical equipment and therapeutic products,...

Novimed Opontia

U.A.E

ADIO invests in three tech startups as part of its $545 million Innovation Programme

Abu Dhabi Investment Office (ADIO) announced today that it has invested in three tech companies as part of its Dh2 billion ($545...

ADIO Lyve Rizek

U.A.E

Huda Beauty Angels invests in female wellness startup Ketish

Dubai-based Huda Beauty Investment (HBI)-backed Huda Beauty Angels has invested in female wellness startup Ketish, Huda Kattan, CEO of...

HB investments female wellness femtech

U.A.E

Workfam receives co-investment from GELLIFY, Azimut

UAE-based employee SaaS platform Workfam has received an undisclosed investment from GELLIFY with participation from Azimut through the...

Workfam GELLIFY Azimut

U.A.E

Udrive raises $5 million

Dubai-based pay-per-minute car rental app Udrive has raised a $5 million funding round from a group of undisclosed investors. Over the...

udrive car rental

U.A.E

Abu Dhabi reduces company setup fees by 90 per cent

Abu Dhabi is slashing business setup and licence renewal fees for the private sector by almost 90 per cent. The reduced fees will...

abu dhabi ADDED

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