Wamda

U.A.E

Koala Picks raises $408,000 to fuel expansion

UAE-based health snack brand Koala Picks, has raised AED1.5 million ($408,000) in its first external round of funding led by friends and...

foodtech Healthy food and snacks Koala Picks

U.A.E

Stillfront acquires UAE’s Jawaker for $205 million

UAE-based gaming startup Jawaker has been acquired by Sweden-based Stillfront Group for a total of $205 million on a cash and debt-free...

Jawaker stillfront group Gaming

U.A.E

Healthtech KLAIM secures $1.6 million pre-series A round

UAE-based healthtech KLAIM has secured $1.6 million funding in a pre-series A round, led by Mad’a Investments, with participation...

KLAIM healthtech

U.A.E

Pollen Street acquires majority stake in Ding

Mobile top-up services company Ding has sold its majority stake to the London-based alternative investment management company, Pollen...

Ding Pollen Street acquisition

U.A.E

Emaar considers sale of Namshi

Emaar Malls, the retail arm of Dubai-based real estate developer Emaar Properties, is considering selling e-commerce startup Namshi for...

Emaar Malls emaar properties Namshi

U.A.E

Starzly raises undisclosed Seed funding round

UAE-based media startup Starzly has raised an undisclosed amount in a Seed round from SEEDRA Ventures, 500 Startups and existing...

Starzly Entertaintech

U.A.E

Hala raises $5 million in Series A

Abu Dhabi-based insurtech, Hala, has raised a $5 million funding round led by Entrée Capital, with participation from Mubadala...

uae Insurtech

U.A.E

Alef Hospitality launches innovation lab

Alef Hospitality has launched a hotel innovation lab for UAE-based startups working in the tourism, travel and hospitality...

Tourism Alef Hospitality

U.A.E

Autotech startup Odiggo raises $2.2 million in Seed round

Dubai-based auto-tech app Odiggo has raised $2.2 million in a Seed round, from Y Combinator, 500 Startups and...

Odiggo autotech

Saudi Arabia

invygo raises $1.9 million in pre-Series A round

Saudi Arabia-based car subscription platform invygo has raised $1.9 million in pre-Series A round from Signal Peak Ventures, JS Group,...

Invygo car subsciption

U.A.E

MySyara raises $400,000 and announces $2.6 million acquisition to fuel expansion

UAE-based automotive startup MySyara has acquired an undisclosed auto parts distributor in the UAE in a deal valued at $2.6 million....

MySyara

Global

UAE's KAAF Investments and Spartech Ventures participate in Nigeria-based Moove's $23 million Series A round

UAE's KAAF Investments and Spartech Ventures have invested in Nigeria-based auto-financing startup Moove's...

Moove Spartech Ventures KAAF

U.A.E

Augustus Media raises $400,000 in debt financing

Dubai-based new media startup Augustus Media has raised $400,000 in debt financing led by crowdfunding platform Beehive. Founded in...

Augustus Media beehive

U.A.E

Sarwa closes $15 million Series B round led by Mubadala

UAE-based fintech Sarwa has closed a $15 million Series B funding round, led by Mubadala Investment Company with participation from...

Fintech sarwa series B

U.A.E

E-commerce startup Splyr Global raises $500,000 investment

Dubai-based e-commerce startup Splyr Global has received a $500,000 investment from Quality & Saving Center, a hypermarket...

Splyr E-commerce

U.A.E

Can AI work in oil and gas without historical data?

In some countries in the Middle East, the oil and gas (O&G) sector contributes as much as 90 per cent to gross domestic product (GDP)....

deeptech Artificial intelligence nybl

U.A.E

tabby closes $50 million Series B round

UAE-based buy now pay later (BNPL) startup tabby has raised $50 million in a Series B round, valuing the fintech at $300 million. The...

Buy now pay later Fintech Tabby

U.A.E

SimpliFi launches after closing Seed round led by Raed Ventures

UAE-based fintech SimpliFi has emerged from stealth mode to launch its “cards as a service” platform in the Middle East and...

SimpliFi Fintech CaaS

U.A.E

Baraka launches app after $4 million Seed round

Dubai-based fintech startup Baraka has launched its app today after raising a $4 million Seed round, from Nuwa Capital, Global...

Baraka Fintech

Turkey

FENIX acquires Turkey's PALM after raising fresh funds

UAE-based micromobiltiy operator FENIX has raised additional funds from its existing investor to finance its recent expansion to Turkey...

Fenix micromobility

U.A.E

Opontia acquires medical equipment e-commerce brand Novimed

E-commerce enabler Opontia has acquired UAE-based direct-to-consumer (D2C) medical equipment and therapeutic products,...

Novimed Opontia

U.A.E

ADIO invests in three tech startups as part of its $545 million Innovation Programme

Abu Dhabi Investment Office (ADIO) announced today that it has invested in three tech companies as part of its Dh2 billion ($545...

ADIO Lyve Rizek

U.A.E

Huda Beauty Angels invests in female wellness startup Ketish

Dubai-based Huda Beauty Investment (HBI)-backed Huda Beauty Angels has invested in female wellness startup Ketish, Huda Kattan, CEO of...

HB investments female wellness femtech

U.A.E

Workfam receives co-investment from GELLIFY, Azimut

UAE-based employee SaaS platform Workfam has received an undisclosed investment from GELLIFY with participation from Azimut through the...

Workfam GELLIFY Azimut

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