Wamda

U.A.E

Proptech Silkhaus raises $7.8 million Seed

UAE-based proptech Silkhaus, has raised a $7.8 million Seed round from Nuwa Capital, Nordstar, Global Founders Capital, Yuj...

Silkhaus

Turkey

Why the UAE’s Opontia is now focusing on Turkey

For centuries, Turkey, a country known for its rich culture influenced by both the East and West, has been a melting pot for trade and...

Opontia E-commerce

U.A.E

UAE’s Swftbox closes $2 million Seed round

UAE-based same-day delivery platform Swftbox has closed a $2 million Seed round, led by MENA Technology Fund, joined by Polymath...

Swftbox E-commerce Delivery

Saudi Arabia

Okadoc announces initial close of pre-series B led by IGan Partners

UAE-based healthtech Okadoc, has finished the first close of its pre-series B funding round at $10 million, led by IGan Partners, new...

Okadoc healthtech

U.A.E

Pyypl raises $20 million Series B round

UAE-based fintech Pyypl, has raised a $20 million Series B round from a group of international investors and ten of its existing...

Pyypl Fintech

U.A.E

Tarjama Group acquires subtitling and dubbing firm Screens

UAE-based Tarjama, a language technology and services provider, is acquiring Screens, the biggest subtitling, dubbing, and...

Tarjama acquisition

Egypt

UAE-based X-ERA acquires Egypt’s B2B marketplace SPEED

UAE-based logistics services provider X-ERA, has acquired Egypt’s B2B marketplace SPEED, as part of its international expansion...

SPEED

U.A.E

Hub71, Modus extend Ventures Lab Programme

Hub71 and Modus will expand their venture programme “Ventures Lab” to include 28 founding teams, which is almost a 65...

Hub71 Modus Ventures Lab

U.A.E

invygo raises $10 million Series A round

UAE-based car subscription platform invygo, has raised a $10 million Series A round led by MEVP, with participation from Al Rajhi...

Invygo

U.A.E

Hub71 launches platform to expand capital access to startups from regional family offices

Abu Dhabi-based global tech ecosystem Hub71, has launched a new platform that seeks to facilitate access to capital for startups and...

Hub71

U.A.E

Innovative Palestine in the UAE: People and Potential

The International Conference on Entrepreneurship in Palestine (ICEP) 4.0 showcasing the Palestinian startup community in a pitch event and...

U.A.E

Data startup Lune raises $850,000 pre-Seed round

UAE-based data startup Lune, has raised $850,000 in a pre-Seed round led by Dubai Future District Fund (DFDF), Flat6Labs, and an...

Lune

U.A.E

EMPG raises $200 million funding, eyeing IPO listing

UAE-based EMPG, which owns dubizzle and Bayut, has raised a $200 million in a round led by US-based Affinity Partners, with new funding...

EMPG Dubizzle Bayut

U.A.E

BitOasis partners with Mastercard to launch crypto-linked cards

UAE-based cryptocurrency trading platform BitOasis, has partnered with Mastercard to launch crypto card programmes. The new...

BitOasis MasterCard crypto

U.A.E

Aliph Capital secures $125 million investment from ADQ

UAE-based private equity firm Aliph Capital has secured a $125 million investment for its maiden fund, Aliph Fund I (LP), from Abu...

Aliph Capital ADQ

U.A.E

MBRIF provides $680,000 guarantee to Avani Eco

UAE-based cleantech Avani Eco Middle East has been granted a guarantee of $680,000 in funding support from the Mohammed Bin Rashid...

MBRIF Avani Eco

Saudi Arabia

UAE's Seafood Souq secures $500,000 from FII

UAE-based Seafood Souq, has raised $500,000 from The Future Investment Initiative (FII) Institute. The announcement was made at the...

Seafood Souq

U.A.E

VUZ raises $20 million Series B investment

UAE-based social app VUZ has raised $20 million in Series B investment, from Caruso Ventures, Vision VC Fund, e& capital, Dubai...

VUZ Social App XR

U.A.E

Saudi Arabia’s Unifonic acquires Turkish Sestek

Saudi Arabia-based communication platform as a service (CPaaS) provider Unifonic, has acquired the Turkish conversational automation...

Unifonic Sestek CPaaS

U.A.E

Yellow Door Energy raises $400 million in equity investment

UAE-based cleantech Yellow Door Energy has raised $400 million in an equity raise provided by Actis, with participation from existing...

Yellow Door Energy solar energy Sustainability

Oman

Mexico’s Kavak merges with Carzaty to expand to GCC

Mexico-based pre-owned cars platform KAVAK has expanded its operations to the UAE and Oman by merging with regional player...

Kavak Carzaty

U.A.E

Five FS closes $3.5 million Seed round

UAE-based fintech Five FS has raised $3.5 million in Seed funding led by Romanian VC firm Zeyshare Ventures at a $30 million...

Five FS Zeyshare Ventures Fintech

U.A.E

Mindshift Capital participates in Wellbees’ $2.2 million Seed round

UAE-based VC firm Mindshift Capital has taken part in US employee wellness platform Wellbees’ latest $2.2 million Seed funding...

Mindshift Capital Wellbees HR solutions

Saudi Arabia

Saudi Arabia’s anb invests in Cashee’s Series A round

Saudi Arabia-based bank anb has participated in UAE-based fintech Cashee’s Series A round. The amount invested was not...

Cashee ANB financial inclusion

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