Wamda

U.A.E

Nymcard closes $33 million Series B led by QED Investors

UAE-based fintech Nymcard has raised $33 miilion in series B funding round, led by QED Investors, and joined by...

NymCard QED Investors Fintech

U.A.E

ClearGrid emerges from stealth after closing $10 million dual round

UAE-based fintech ClearGrid has emerged from stealth after raising $10 million in a dual round, pre-seed and...

ClearGrid Fintech Wamda Capital

U.A.E

Yango Group launches $20 million venture fund

UAE-based tech ecosystem company Yango Group has launched Yango Ventures, a $20 million corporate venture fund designed to empower...

Yango Group Yango Ventures

U.A.E

KBW Ventures leads PlaysOut's $7 million Seed round

UAE-based gametech PlaysOut has raised $7 million in a seed funding round at a $70 million valuation from investors,...

PlaysOut KBW Ventures gametech

U.A.E

ORO Labs secures $1.5 million pre-seed, backed by 468 Capital

UAE-based ORO Labs, a tokenised gold platform, has raised $1.5 million in a pre-seed funding round, led by 468 Capital, with...

ORO Labs 468 Capital

U.A.E

Longetivy Wellness Hub secures $4 million to fuel GCC expansion

UAE-based wellness company Longetivy Wellness Hub has raised $4 million in funding from undisclosed investors. Founded in 2019 by...

Longevity Wellness Hub healthtech

U.A.E

Phoenix Venture completes second closing of its innovation fund

UAE-based VC firm Phoenix Venture Partners has announced the second close of its $50 million Phoenix Venture...

Phoenix Venture Partners

U.A.E

KLAIM secures $26 million to boost GCC expansion

UAE-based fintech KLAIM has raised $10 million in a Series A equity funding round led by Mad’a Investments and joined by CDG...

KLAIM Mad’a Investments Fintech

U.A.E

Talabat fully acquires InstaShop for $32 million

Kuwait-born and UAE-based q-commerce and foodtech Talabat has completed the acquisition of 100% of instashop from Delivery Hero SE for...

talabat instashop

U.A.E

Capital Haus acquires strategic stake in Equity Story Group

Press release: Capital Haus, a UAE-based financial concierge firm specialising in tailored wealth management for high-net-worth...

Capital Haus Equity Story Group

U.A.E

BILRS raises funding round from Salica Spring Studios

UAE-based fintech BILRS has raised an undisclosed funding round from Salica Spring Studios, which is backed by Al-Waha Fund of...

BILRS Fintech Salica Spring Studios

Bahrain

Foras acquires 36% of Bahraini crowdfunding platform Beban

UAE-based investment firm Foras has acquired a 36% stake in Beban, a Bahrain-based crowdfunding platform, for an undisclosed...

Beban Foras

U.A.E

FanTV secures $3 million Series A to enhance AI tools for creators

UAE-based AI-powered content platform FanTV has raised $3 million in a Series A investment round from Mysten Labs, Cypher...

FanTV Mysten Labs

U.A.E

Disrupt.com pledges $100 million investment in next-generation AI startups

UAE-based venture builder Disrupt.com has pledged a $100 million commitment to build and back AI-first technology ventures...

Disrupt.com venture builder AI

U.A.E

Flow48 secures $69 million Series A in a blend of debt, equity

UAE-based fintech Flow48 has closed a $69 million Series A funding round in a mix of debt and equity. The round is led by Breega and...

Flow48 Endeavor Catalyst 212

U.A.E

Journify raises $4 million in funding, backed by Silicon Badia

UAE-based SaaS provider Journify has secured $4 million in funding, led by Silicon Badia, with participation from RZM and other...

Journify silicon badia SAAS

U.A.E

omnispay Secures $1.5 million seed led by Mercatus Capital

omnispay, a UAE-based fintech, has raised $1.5 million in a seed funding round led by Mercatus Capital Pte. Ltd., with participation...

omnispay Fintech Mercatus Capital

U.A.E

Pinewood.AI to acquire UAE’s Seez for $46.2 million

UK-based automotive intelligence platform Pinewood.AI has agreed to acquire Seez for $46.2 million in cash and shares. The share...

Seez Pinewood.AI

U.A.E

UAE’s The Box secures $12.5 million debt from Shorooq

UAE-based self-storage services provider The Box has raised $12.5 million in a debt financing led by Shorooq. Founded in 2007 by...

The Box Shorooq Logistics

Egypt

Dubizzle acquires Egypt's online car marketplace Hatla2ee

UAE-based online classifieds platform Dubizzle Group has acquired the Egyptian online car marketplace, Hatla2ee, in an undisclosed deal...

Dubizzle Hatla2ee

U.A.E

Blum raises $5 million in dual rounds, led by Gumi Cryptos Capital

UAE-based fintech Blum raised $5 million in a pre-seed and seed round. The round was led by gumi Cryptos Capital, Spartan, No...

Blum gumi Cryptos Capital

U.A.E

AppliedAI closes $55 million Series A, led by G42

UK-founded UAE-HQ Insurtech startup AppliedAI has raised $55 million in a Series A funding round at a pre-investment valuation of $300...

AppliedAI G42 Insurtech

U.A.E

Merit Incentives secures $28 million Series B

UAE-based rewards and loyalty platform Merit Incentives has secured $28 million in a Series B funding round from Capital...

Loyalty Programs Merit Incentives

U.A.E

VISARUN.AI secures $700,000 in a pre-Seed round

UAE-based visa-as-a-service platform VISARUN.AI has raised $700,000 in pre-seed funding from unnamed angel investors. Founded in...

VISARUN.AI

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