Wamda

U.A.E

Alma Health receives investment from Oryx Fund

Abu Dhabi-based healthtech startup Alma Health has secured investment led by Hambro Perks’ Oryx Fund, alongside strategic angel...

uae healthtech Alma Health

U.A.E

tabby raises $50 million in debt financing from Partners for Growth

Dubai-based buy now pay later (BNPL) startup tabby has raised $50 million in debt financing from Partners for Growth. Founded...

BNPL Tabby

Egypt

Egypt-based autotech app “Oddigo” expands to UAE

Egypt-based autotech startup “Odiggo” has expanded to the UAE, after launching in Saudi Arabia. Founded in 2019...

Oddigo autotech

U.A.E

Beehive receives Dh30 million in grant from EDB to finance UAE SMEs

UAE institutional investor, Emirates Development Bank (EDB) has granted peer-to-peer (P2P) lending platform Beehive, Dh30 million...

beehive EDB p2p

U.A.E

The Luxury Closet raises $14 million

UAE-based The Luxury Closet has raised $14 million in a round led by GMP Investments, with participation from regional and...

The Luxury Closet

U.A.E

Wellbeing app “Valeo” raises $3 million in Seed round

UAE-based wellbeing-tech startup Valeo has raised $3 million in its Seed funding round, led by Global Founders Capital, Global...

health app Valeo

U.A.E

Hub71 and Modus Capital launch venture builder in Abu Dhabi

Abu Dhabi’s tech ecosystem Hub71 joins US-based VC and venture builder Modus Capital to launch Ventures Lab in the UAE,...

Hub71 abu dhabi

Saudi Arabia

FloraNow acquires AstraFarms' flower distribution business

Dubai-based B2B floral marketplace Floranow has acquired Saudi Arabia-based distribution business of Saudi...

Astra Farms Floranow Floral markerplaces

U.A.E

The office beckons for Careem

When remote working was imposed on majority of the world’s office workers last year, some embraced it with gusto, while others...

remote working careem

U.A.E

Mama Me receives Seed funding from Flat6Labs

UAE-based startup Mama ME has raised an undisclosed Seed round led by Flat6Labs in Bahrain. The social impact app, founded in 2020...

Mama ME Motherhood app

Global

Global Ventures leads $10.8 million pre-Series A round for US-based Nexford University

UAE-based venture capital firm Global Ventures has led a $10.8 million pre-Series A funding round for US-based digital...

Global Ventures Nexford University Series A

U.A.E

Hub71 and ADIO to grant 10 startups $2.7 million as part of The Outliers initiative

Abu Dhabi’s Hub71 and the Abu Dhabi Investment Office (ADIO) have launched The Outliers Programme to support early-stage tech...

Hub71 ADIO The Outliers

U.A.E

Logistics platform Trukkin raises $7 Million in Series A round

UAE-based truck aggregator Trukkin, has raised $7 million (SAR 26 million) in its Series A round, led by Saudi Arabia-based Emkan...

Trukkin Series A Logistics

U.A.E

Wamda participates in Ziina’s latest $7.5 million funding round

Wamda has participated in UAE-basedZiina’s $7.5 million funding round which was led by Avenir Growth Capital and Class 5 Global....

wamda Ziina

U.A.E

Boksha raises $1 million Seed investment

Boksha, a UAE-based marketplace for fashion designers, has raised a $1 million Seed funding round from Sandooq Al Watan and several...

Boksha fashion ecommerce

U.A.E

Opontia raises $20 million Seed round

Dubai-based e-commerce enabler Opontia, has raised $20 million in debt and equity in a Seed round from Global Founders Capital,...

b2b B2B e-commerce

U.A.E

Pawame raises $2.5 million, prepares for $5 million Series A

UAE-based solar energy startup aimed at off-grid communities in sub-Saharan African countries Pawame, has raised $1.7 million in grants....

Pawame solar energy Series A

U.A.E

VentureSouq participants in Lahore-based Tajir's $17 million Series A round

UAE-based venture capital firm VentureSouq, has participated in Pakistan-based B2B marketplace Tajir's $17 million growth funding...

Tajir Venture Souq b2b

Global

Huda Beauty Investments participates in UK-based Uptime's $3 million seed extension

Dubai-based Huda Beauty investments (HBI) has participated in UK-based edtech Uptime's $3 million Seed extension round....

HB investments Uptime EdTech

U.A.E

Microsoft launches ‘GrowthX Accelerator’ for B2B startups in UAE

Microsoft has launched an accelerator programme for B2B startups in cooperation with Abu Dhabi Investment Office (ADIO). The...

uae microsoft GrowthX Accelerator

Global

Mubadala Capital participates in Berlin-based wefox's $650 million Series C round

UAE-based investment firm Mubadala Capital, has invested in Berlin-based insuretech company Wefox’s $650 million Series C funding...

Mubadala Capital Wefox Insurtech

U.A.E

Stake raises $4 million Seed round

Dubai-based proptech startup Stake has raised a $4 million Seed round led by Combined Growth Real Estate with participation from...

Stake Real Estate

Global

Falcon Edge Capital co-leads $50 million Series A round in India's Mensa Brands

UAE's Falcon Edge Capital, Accel Partners and Norwest Venture Partners, have co-led a $50 million Series A round for India-based...

Falcon Edge Capital Mensa Brands Series A

U.A.E

almentor raises $6.5 million Series B round

Dubai-based video e-learning platform almentor, has raised $6.5 million in a Series B funding round, led by Partech, with participation...

almentor Video e-learning series B

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