Wamda

U.A.E

Wafeq raises $3 million Seed led by Raed Ventures with participation from Wamda Capital

UAE-based fintech Wafeq, has raised $3 million in a Seed round led by Raed Ventures with participation from Wamda...

Global

UAE’s Hotdesk acquires Spain-based YADO

Hotdesk, a UAE-based workspace booking app, has acquired Spanish counterpart YADO for an unknown sum. Founded in 2019 by Mohamed...

hotdesk

Global

NB Ventures invests in $1.2 million Seed round for India’s career-tech Suraasa

UAE-based NB Ventures has invested in India-based career-tech Suraasa's $1.2 million Seed round, led by Inflection Point...

Suraasa NB Ventures

Bahrain

Beyon Cyber acquires DTS Solution

Beyon Cyber, a Bahrain-based cyber security solutions provider, has acquired a majority stake in UAE-based counterpart DTS Solutions....

Beyon Cyber DTS Solution

U.A.E

UAE’s Revoltech among four winners of Global FoodTech Challenge

UAE-based foodtech Revoltech is among the winners of the 2022 FoodTech Challenge, receiving a portion of the $2 million prize money to...

Revoltech Global FoodTech Challenge foodtech

U.A.E

Tabby raises $58 million Series C from Sequoia Capital India, STV and PayPal Ventures

UAE-based fintech Tabby, has raised $58 million in a Series C round from Sequoia Capital India, STV and PayPal Ventures, Mubadala...

Fintech Buy now pay later BNPL

U.A.E

B2B fintech Alaan raises $4.5 million pre-Series A round

UAE-based B2B fintech Alaan, has raised $4.5 million in a pre-Series A round, backed by Presight Capital, Y Combinator, and angel...

Alaan Presight Capital Y Combinator

Global

One Moto raises $150 million to scale its last-mile delivery operations in the UK

UAE-based electric mobility startup and last-mile delivery services provider One Moto, has raised $150 million from an undisclosed...

One Moto

U.A.E

B2B micro-mobility Terra raises pre-Seed investment

UAE-based B2B micro-mobility startup Terra, has raised an undisclosed pre-Seed investment round from Saudi, American, and British angel...

Terra micro-mobility b2b

U.A.E

Flyby closes a $1 million Seed round

UAE-based last-mile startup Flyby has closed a $1 million Seed round, led by FHS Capital based in Silicon Valley, and VN2 Capital based...

Flyby FHS Capital VN2 Capital

U.A.E

UAE’s Astra Tech acquires Botim

UAE-based tech firm Astra Tech has acquired the voice-calling app “Botim”, with the aim of creating a super app with instant...

Botim Astra tech Superapp

U.A.E

UAE’s metaverse startup Nümi raises $20 million from Venom Ventures Fund

UAE-based metaverse startup Nümi has raised $20 million from Venom Ventures Fund (VVF), a newly launched $1 billion VC fund born...

metaverse Venom Foundation

U.A.E

UAE’s social investing platform InvestSky launches after raising $3.4 million

UAE-based social investing platform InvestSky has announced its launch after securing a $3.4 million pre-Seed round led by Emkan...

InvestSky

U.A.E

UAE social app ASKWHO raises $1 million

UAE-based social app ASKWHO has raised $1 million in funding, $515,000 of which was raised in a crowdfunding campaign which brought in...

ASKWHO Social App

U.A.E

UAE foodtech Nourish raises $400,000 investment

UAE-based inflight meal booking platform Nourish, has raised a $400,000 investment round, led by investors from the US, Jordan, Saudi...

Nourish foodtech f&b

U.A.E

The edtech startup enabling teachers to teach

Changing education is an incredibly difficult process. Upgrading curricula or changing teaching methods requires the convincing of parents,...

oktopi EdTech

U.A.E

Bayzat raises $25 million Series C round

UAE-based HR technology startup Bayzat, has raised a $25 million Series C round led by DisruptAD alongside Ischyros New York, bringing...

Bayzat

Egypt

Fintech Galaxy acquires Egypt’s open banking platform Underlie

UAE-based open finance platform Fintech Galaxy has acquired Underlie, an Egypt-based open banking platform offering application...

Underline Fintech Galaxy

U.A.E

The venture builder helping female-led agritechs scale beyond the desert

The female share in the agricultural workforce in the Middle East and North Africa (Mena) hovers around 30 per cent, making the sector one...

agritech Dana Global

U.A.E

Gargash Group invests in Germany’s Blacklane

UAE-based Gargash Group has participated in the Series F round of the German chauffeur services provider “Blacklane”, along...

Gargash Group Blacklane automotive

U.A.E

LumiShare raises $3.2 million Seed round

UAE-based blockchain digital asset management LumiShare, has raised a $3.2 million Seed round led by Sheikh Mohamed Bin Ahmed Bin Hamdan...

LumiShare Blockchain

Oman

Carzaty: The realistic exit

The used car market is worth over $16 billion in the GCC alone, but it is a highly fragmented sector, with mostly small resellers and...

Carzaty Oman marketplace

U.A.E

Sharjah launches media-focused venture builder “Shams Valley”

Sharjah Media City (Shams), in collaboration with Grow Valley, has announced the launch of Shams Valley, a venture-builder studio that...

Sharjah Media City SHAMS

U.A.E

The Dubai Future District Fund launches venture fellowship programme for Emiratis

The Dubai Future District Fund (DFDF) has launched a venture capital-focused fellowship programme, designed to equip Emirati...

Dubai Future District Fund

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