Wamda

U.A.E

Compareit4me closes $2.4M funding round

The financial comparison site Compareit4me.com has closed a funding round of $2.4 million. According to a statement released by the...

Investment Compareit4me.com Wamda Capital

U.A.E

Dubai-based The Luxury Closet closes Series B round of $7.8M

The Luxury Closet has closed a Series B round of $7.8 million. Led by Wamda Capital, the investment is one of the highest in MENA this...

The Luxury Closet Wamda Capital Kunal Kapoor

Global

Startup Watch: Elon Musk feels fear, US startups declining, and Saudi teen wants hijabi emojis

The world of entrepreneurship news is a complicated one to navigate. To help, here’s our roundup of what we’re reading on Elon...

Startup Watch Elon Musk DARPA

U.A.E

Wrappup closes $800K investment round

Wrappup, an app that solves time wasting meetings by recording and flagging the important moments, has closed a seed round of...

Wrappup BECO Capital Investment

U.A.E

Movesouq closes $3M round

Home services marketplace Movesouq has closed a funding round of $3 million. The round was led by Addventure, an international VC out of...

movesouq Addventure home services

Lebanon

AUB students Reboot Beirut at hackathon

“The moment you realize that you can build and change things, you see something sucks and you do something about it, build a company,...

AUB Hackathon aub lebanon

Beirut-based Myki launches authentication solution at Techcrunch Disrupt

Take 5,000 plus attendees, a gigantic waterfront pier and some of the biggest names in Silicon Valley, and you get Techcrunch Disrupt San...

MyKi techcrunch lebanon

Global

Vinli, now part of the US vehicle supply chain

Just 10 months after Vinli started shipping their connected car platform, the connected car startup has announced a partnership with a...

Vinli IoT MEMakersGE

Jordan

Amman Design Week breathes life into the city and its people

Amman is a city of concrete. There is barely a body of water or extensive greenery. It is arid, hilly with very little vibrant color. So...

Amman Design Week Jordan makerspaces

U.A.E

Expo 2020 Dubai allocates over $1.36 billion of its spend to SMEs

Expo 2020 Dubai has announced that it will dedicate 20 percent of its total direct and indirect spend, to local and international...

Expo 2020 Dubai

Turkey

Wamda Capital invests $2.2M in Insider

Wamda Capital announced today a $2.2 million Series A investment in Insider, a smart digital platform for marketers to personalize,...

Insider turkey Wamda Capital

Morocco

Afrimarket raises $11M for regional expansion

Moroccan entrepreneur Rania Belkahia has raised 10 million euros (US$11 million) for ecommerce platform Afrimarket, which targets the...

fundraising africa Afrimarket

U.A.E

Attracting foreign investment with changing legislation, UAE's bankruptcy law

The UAE has approved a draft law on bankruptcy, further cementing its place as a regional hub for startups. In a tweet on Sunday,...

bankruptcy uae

Lebanon

Wamda and AUB organize their first hackathon

Experimentation and evolution are best nourished within the walls of university campuses. Lebanon is no exception. In this context...

AUB Hackathon hackathon aub

Regional

Wamda and Pepsico launch a social impact competition

PepsiCo, the global food and beverage company, with brands including Quaker Oats, Lays, Gatorade, Tropicana and Pepsi-Cola has announced...

Pepsico Social Entrepreneurship Social Impact Competition

Global

$900M sale for a Dubai HQ’d company

Serial entrepreneur Divyank Turakhia's Media.net has been sold for approximately $900 million. Media.net, who have their global...

media.net Advertising acquisition

Lebanon

Quanergy raises $90M in Series B funding

Equiped with Lidar technology. (Image via Quanergy). Quanergy Systems has raised $90 million in a series B round, led by Sensata...

MEMakersGE quanergy systems 3d printing

Global

Startup Watch: 5 years of Tim Cook’s Apple, and Gandalf won’t do your wedding

The world of entrepreneurship news is a complex one, but not when you have to explain the difference between AR and VR, that’s easy....

Startup Watch

U.A.E

Eureeca crowdfunds $400K for itself

Crowdfunding platform Eureeca has announced today they have raised $400,000 on their platform for themselves. Eureeca closed the...

eureeca uae

U.A.E

Wamda Capital leads a $5M investment round in Kharabeesh

Wamda Capital announced leading a $5 million investment round in Kharabeesh, alongside Endeavor Catalyst Fund and Dash...

Kharabeesh Wamda Capital Investment

U.A.E

Turn8 announces new $60M VC fund

UAE-based accelerator and investor Turn8 launched a $60 million venture capital fund on Sunday for technology innovation. This new fund...

turn8-accelerator-fund-announcement

Global

Startup Watch: Funerals, Telegram breach, and InstaSnap Feud

The world of entrepreneurship news is a complex one, with people ever ready to give their two cents on how you should be running your...

Startup Watch instagram Saudi Arabia

Regional

Tamatem: Gaming for 18 million users

As global gaming publishers overlook the Arab region’s hunger for localized mobile games, regional publishers are...

tamatem Gaming localization

Saudi Arabia

New non-profit accelerator launches in Saudi Arabia

The small investment ecosystem in Saudi Arabia is forcing startups to either start late or too slowly - so says Ozan Sonmez from King...

KAUST acceleration incubation

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