Wamda

U.A.E

PepsiCo, SABIC, AstroLabs launch Mega Green Accelerator to support cleantech startups

PepsiCo, SABIC, AstroLabs, and their strategic partners have announced the launch of the Mega Green Accelerator to invest in startups...

Astrolabs Pepsico

Saudi Arabia

Omniful raises $5.85 million Seed for Mena expansion

Saudi Arabia and UAE-based supply chain and e-commerce enablement startup Omniful has raised a $5.85 million Seed round, led by...

Omniful E-commerce VentureSouq

U.A.E

Hub71 launches climate tech-focused programme for startups worldwide

Hub71, an Abu Dhabi-based global tech ecosystem, has announced the launch of Hub71+ ClimateTech to support startups worldwide working on...

Hub71

U.A.E

UAE’s Immensa raises $20 million Series B round

UAE-based additive manufacturing startup Immensa, has raised a $20 million Series B funding round, led by Global Ventures, along with...

immensa Global Ventures series B

U.A.E

The Surpluss wins Dh250,000 in Mastercard, Aramex ScaleUp 2023 competition

B2B cleantech startup, The Surpluss, has been awarded Dh250,000 after being named the winner in the Mastercard and Aramex ScaleUp 2023...

The Surpluss

U.A.E

Fintech Yabi closes $8 million round

UAE-based fintech Yabi By Souqalmal, has raised an $8 million round, to invest in product development and accelerate regional...

Yabi

U.A.E

Flow48 secures $25 million in pre-Series A funding

UAE-based fintech Flow48 has raised $25 million in pre-Series A funding, comprising a mix of equity and debt from several investors,...

Flow48 Endeavor Catalyst Fintech

U.A.E

Modus invests $2.8 million in eight startup launches through its Venture Builder platform

UAE-based Modus Capital has announced the launch of eight new startups as part of its venture builder programme, investing $2.8 million...

Modus Capital

Turkey

UAE’s Your Compass invests in Fork N Knife’s $800,000 Seed round

UAE-based Your Compass has participated in Turkey-headquartered cloud kitchen operator Fork N Knife’s $800,000 Seed round. The...

Fork N Knife

U.A.E

UAE mobility and logistics startup Wize raises $16 million in pre-Seed round

UAE-based logistics startup Wize has raised $16 million in a pre-Seed funding round led by angel investors. Founded in 2022 by...

Wize

U.A.E

Mafhoom secures $1.36 million pre-Seed

UAE-based fintech Mafhoom Technologies has raised a $1.36 million pre-Seed funding round, led by Al-Wafra Al-Thanya for...

Mafhoom Fintech Al-Wafra Al-Thanya for Investments

Global

SC Ventures, SBI Holdings launch digital asset investment firm in UAE

SC Ventures, the investment arm of Standard Chartered, has partnered with Japan-based SBI Holdings, to establish a digital assets...

SC Ventures SBI Holdings Digital assets

U.A.E

How to turn the UAE into a hub for greentech pioneers

Yassin Nasri, is the founder and CEO of ImpactGulf With a keen focus on renewable energy, nurturing startups and fostering a...

greentech Cleantech

U.A.E

DIEZ launches $136 million venture capital fund for startups

Dubai Integrated Economic Zones Authority (DIEZ) has launched a VC fund worth Dh500 million ($136 million)...

Venture Capital DIEZ

U.A.E

SpiderSilk raises $9 million led by Wa’ed Ventures

UAE-based cybersecurity startup SpiderSilk has raised a $9 million funding round led by Wa’ed Ventures, with participation from...

spiderSilk Cypersecurity Wa’ed Ventures

U.A.E

UAE fintech NOW Money closes new funding round to expand product offering

UAE-based fintech NOW Money has secured an undisclosed financing round led by Dubai-based entrepreneurs Mark Nutter and Nicolas...

now money

U.A.E

23 startups join Hub71’s Company Building programme

Abu Dhabi’s Hub71 has selected 23 startups to join its 13th cohort of the Company Building programme, each receiving up to...

Hub71 Company Building programme

U.A.E

Shipsy acquires India’s Stockone to expand services

UAE-based SaaS provider Shipsy has acquired Stockone, an Indian cloud-based warehouse management system (WMS) and inventory management...

Shipsy Stockone Logistics

U.A.E

Neo Mobility secures $10 million Seed funding

UAE-based electric vehicle (EV) last mile startup Neo Mobility has raised a $10 million Seed round from Delta Corp Holdings, Pyse...

Neo Mobility Last mile EV

U.A.E

UAE proptech Keyper raises $6.5 million Seed round

UAE-based proptech Keyper has raised a $6.5 million Seed round, led by Access Bridge Ventures and Vivium Holdings, with participation...

Keypey

U.A.E

Nomad Homes raises $20 million Series A round

UAE-based proptech Nomad Homes, has closed a $20 million Series A extension round, led by Acrew Capital. Founded in 2019 by Damien...

Nomad homes Proptech

U.A.E

Belong raises $1.5 million pre-Series A round

UAE-based social app Belong (formerly ASKWHO) has raised a $1.5 million pre-Series A round, bringing its total capital raised to $3.5...

Belong Social App

U.A.E

Cleantech Olive Gaea raises $1 million investment

UAE-based cleantech Olive Gaea has secured $1 million in funding from Cornerstone Venture. Founded in 2021 by Vivek Tripathi, Olive...

Olive Gaea Cornerstone Venture Cleantech

U.A.E

Wamda's roundup of Expand North Star

For the first time, the startup section of Gitex, Expand North Star (ENS), was split from the main event causing confusion among some and a...

Expand North Star GITEX

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