Wamda

Global

KBW Ventures co-leads $12.3 million Series A round in US-based Black Sheep Foods

UAE-based KBW Ventures, founded by HRH Prince Khaled bin Alwaleed bin Talal Al Saud, has co-led a $12.3 million Series A round for...

KBW Ventures

U.A.E

Modus leads Koble’s $1.2 million pre-Seed round

UAE-based VC Modus, has led the $1.2 million pre-Seed funding round for UK-based investment firm Koble alongside Belgium-based VC...

Koble Modus Venture Capital

U.A.E

UAE’s Cavendish Maxwell to acquire majority stake in Property Monitor

UAE-based real estate advisory Cavendish Maxwell, has acquired a majority stake in proptech company Property Monitor for an unknown...

Cavendish Maxwell Property Monitor Proptech

U.A.E

Kitopi sacks 93 employees as diners head back to restaurants

Dubai-based cloud kitchen operator Kitopi, has laid off 10 per cent of its head officd workforce, amounting to 93 employees, according...

Kitopi

U.A.E

Fenix Games raises $150 million investment

UAE-based gaming platform Fenix Games, has raised $150 million in investment, led by Phoenix Group and Cypher Capital. Founded in 2022...

Fenix Games Gaming

U.A.E

More layoffs at SWVL as company risks delisting from NASDAQ

Mirroring its global peers, Egypt-born and UAE-based mass mobility startup SWVL is bracing itself for drastic monetary belt-tightening...

Swvl mobility

U.A.E

UAE fintech Qashio raises $10 million Seed to accelerate KSA expansion

UAE-based fintech Qashio, has raised $10 million in a Seed round through a mix of equity and no equity financing. Investors in...

Qashio

U.A.E

Rekt Studios raises $1.5 million from Cypher Capital to develop Meta gaming ecosystem

Rekt Studios, UAE-based blockchain-focused startup, has secured $1.5 million in funding from Cypher Capital. The funding will go...

REKT Studios

U.A.E

KLAIM raises $5 million Seed from Knuru Capital with plans to increase round to $30 million

UAE-based fintech KLAIM, has raised a $5 million Seed round from Knuru Capital, with plans to increase this to over $30 million by way...

KLAIM Knuru Capital healthtech

U.A.E

OurCrowd expands Abu Dhabi investment operations

Israel-based VC firm OurCrowd has announced the expansion of its Abu Dhabi operations with a new VC office and AI tech hub enabled by...

OurCrowd ADIO ADGM

U.A.E

UAE's baraka closes $20 million Series A led by Valar Ventures

UAE-based fintech baraka, has closed a $20 million Series A round led by Valar Ventures, the VC’s first regional investment....

Baraka Fintech Valar Ventures

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

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