Wamda

U.A.E

iKcon raises $5 million in pre-Series A

Dubai-based cloud kitchen startup iKcon, has raised $5 million in a pre-Series A round led by Arzan VC, AlTouq Group and Nazer Group among...

iKcon Cloud kitchens pre-Series A

Global

Mubadala invests in China's Xpeng Motors

Source: CNBC Chinese electric car maker Xpeng Motors has raised $400 million ahead of an initial public offering (IPO) in the U.S., two...

Mubadala Capital Xpeng Motors tesla

U.A.E

Sheraa, CE-Ventures grant $190,000 to 11 startups

Source: Trade Arabia Sharjah Entrepreneurship Center (Sheraa) and CE-Ventures have disbursed more than AED700,000 ($190,560) in...

Sheraa CE-Ventures Covid19

U.A.E

Conektr raises $800,000 in pre-Series A

Source: WAYA Conektr, a Dubai-based digital lower trade, groceries, and HORECA marketplace platform has raised $800,000 in a...

grocery stores GCC Series A

U.A.E

Putting communities first in a new decade of innovation

By Rashid Al Ghurair, founder and CEO of UAE-based CAFU, a fuel on demand service Entering this new decade just several months ago,...

CAFU

Global

Foundation Holdings invests in India's Toppr

Source: Vccircle Toppr Technologies Pvt. Ltd, which runs an eponymous ed-tech startup, has raised Rs 350 crore ($46 million) in its...

EdTech Toppr

U.A.E

Has the office become a burden?

Life is returning to offices in the UAE and the wider Middle East region as workers go back to their desks wearing masks and attempting to...

U.A.E

Fetchr raises $15 million to expand to Saudi Arabia

Source: Bloomberg Fetchr secured at least $15 million in fresh funding to expand in Saudi Arabia as part of a turnaround plan that...

Fetchr Last mile delivery

Global

Abu Dhabi Capital Group invests in China's MissFresh

Source: Reuters Chinese online grocery startup MissFresh said on Thursday it has raised $495 million in its latest round of...

MissFresh Abu Dhabi Capital Group

U.A.E

Volvo Cars Tech Fund invests in blockchain firm Circulor

Source: Trade Arabia Trading Enterprises, the exclusive distributor of Volvo cars in the UAE, has announced that Volvo Cars has made an...

Volvo Cars

U.A.E

Eve virtual raises $1 million in seed funding

Source: WAYA Eve virtual – MENA’s first virtual hosting platform announced it has raised $1 million in a seed funding...

Eve virtual 3Dprinting

U.A.E

Periscope Media raises seed funding

Dubai-based edutainment startup Periscope Media has raised its initial seed round funding. Founded in early 2020, Periscope Media is...

edutainment Periscope Media

U.A.E

Nomad Homes raises $4 million in seed funding

Dubai-based digital real estate platform Nomad Homes, has raised a $4 million in a seed round led by Comcast Ventures, with participation...

Protech Nomad homes

Global

Privity invests in Verofax

UAE-based advisory firm Privity has invested in Abu Dhabi-based Verofax Limited’s pre-seed investment round. Founded in 2018,...

Verofax Privity Blockchain

Bahrain

Al Waha Fund of Funds invests in Bedaya Fund

Source: Gulf Daily News Al Waha Fund of Funds invested an undisclosed amount in the Bedaya Fund I of seed-stage venture capital firm...

Bedaya fund Shorooq Partners AlWaha Fund of Funds

U.A.E

In5 startups raise Dh65 million in first half of 2020

Dubai-based incubator In5, today announced that its startups have raised more than Dh65 million ($17.7 million) in the first half of...

in5 Tecom 2020 H1

U.A.E

MidChains closes new funding round

Source: The National MidChains, an upcoming Abu Dhabi-based virtual asset trading exchange, said it closed its latest funding round with...

Mubadala Capital Blockchain MidChains

U.A.E

Spotii raises investment from Daman Investments

UAE-based “shop now, pay later” startup Spotii has raised investment from Daman Investments. Founded by Anuscha Iqbal and...

Fintech Spotii

U.A.E

GrubTech raises $2 million seed

UAE-based GrubTech, a foodtech startup has raised $2 million in seed funding to fund its growth and product development. The...

foodtech GrubTech

Global

Mubadala Capital invests in France's Owkin

Source: Crunsh base Owkin, a French company applying machine learning to medical research, has secured $18 million in funding...

Mubadala Capital machine learning Owkin

U.A.E

Play:Date raises investment from Modus Capital

UAE-based Play:Date, an application that helps parents build their child’s social circle, has secured a $250,000 investment from New...

Play:Date Modus Capital

Global

VentureSouq invests in Nigeria's Wallets Africa

Source: Disrupt Africa Nigerian fintech startup Wallets Africa has secured an undisclosed amount of funding from a host of investors as...

Wallets Africa Fintech

Pakistan

Shorooq Partners invests in Pakistan-based Airlift

Source: Dawn Bus ride-hailing service Airlift has raised an impressive $10 million in seed financing, taking its total investment to...

Airlift ride hailing Shorooq Partners

U.A.E

Felix closes $800,000 seed round

UAE-based Felix, an insurance e-commerce and automation platform for insurance brokers launched in January 2019, announced that it has...

Insurance Felix seed

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