Wamda

Bahrain

Tarabut Gateway raises $12 million pre-Series A led by Tiger Global

UAE-based open banking platform Tarabut Gateway has raised $12 million in a pre-Series A round led by Tiger Global, alongside new...

Fintech Open banking Tarabut Gateway

U.A.E

Fero raises $1.1 million in pre-Series A

UAE-based supply chain SaaS startup Fero has closed a $1.1 million pre-Series A round from an undisclosed institutional investor and...

Fero freight SAAS

U.A.E

Pure Harvest raises $64.5 million from Korea's IMM Investment, enters JV with PlanTFarm

UAE-based agritech startup Pure Harvest Smart Farms has secured $64.5 million in growth capital from Korean private investment firm IMM...

agritech Pure Harvest Smart Farms

U.A.E

Getbee raises $1.8 million pre-Series A

UAE-based Getbee has raised $1.8 million in a pre-Series A round from Altitude Capital, B & Y Venture Partners, and +VC, as...

retail tech Getbee b2b

U.A.E

Shorooq Partners launches The Nahda Fund 1 to support Mena startups

Abu Dhabi-based VC Shorooq Partners has launched The Nahda Fund 1, a venture-debt fund, in partnership with South Korea’s IMM...

Shorooq Partners IMM Investment Global The Nahda Fund 1

U.A.E

Abu Dhabi is on a mission to develop games

People in the Middle East like to play games, be it on their smartphones, laptops or games consoles. In fact, the region is home to the...

Gaming esports Jawaker

U.A.E

Chimera Capital’s closes $50 million second fund

Abu Dhabi-based Chimera Capital, a subsidiary of private investment firm Chimera Investment, has announced the close of its second fund...

uae Chimera venture capital fund

U.A.E

Enabling innovation: A blended approach to university education

Education is one of the critical elements of an innovation ecosystem. Here, Professor David Sadler, Provost at the University of Birmingham...

blended learning EdTech

U.A.E

Fitness app Fitlov raises $500,000 pre-Series A

The UAE-based fitness app Fitlov has raised $500,000 in a pre-Series A fundraise through angel investment. Founded in February 2018 by...

Fitlov fitness

U.A.E

Digital freight platform Palletpal raises $200,000 from Draper Associates

UAE-based digital freight platform Palletpal has raised $200,000 in a pre-Seed round from US-based Draper Associate. Founded in 2021...

Palletpal freight transport

U.A.E

Fintech Galaxy closes $2 million Seed funding

UAE-based Fintech Galaxy has raised $2 million in a Seed funding round, led by Jordan’s Ahli Fintech and joined by Raz Holding...

Fintech Galaxy Fintech

U.A.E

MBRSC launches Space Ventures to support space-focused startups

The Mohammed Bin Rashid Space Centre (MBRSC) has announced the launch of Space Ventures, a launchpad for global and regional startups in...

Space Venture

Lebanon

BY Venture Partners closes $50 million BY Fund II

Abu Dhabi and Beirut-based VC BY Venture Partners has closed its second fund, BY Fund II, valued at $50 million to be invested in...

BY Venture Partners BY Fund II VC

U.A.E

Morningstar Ventures invests $15 million in blockchain technology in Dubai

UAE-based accelerator Morningstar Ventures has announced a $15 million investment into Elrond related initiatives to provide strategic...

Morningstar Ventures Elrond cryptocurrency

Saudi Arabia

UAE-based cloud kitchen kaykroo expands operations into Saudi Arabia

UAE-based cloud kitchen kaykroo has expanded its services to Riyadh in Saudi Arabia. Launched in September 2020 by Jihad El-Eit and...

kaykroo foodtech cloud kitchen

U.A.E

STEPPI raises $1.8 million, partners with Embody Fitness

UAE-based health and corporate wellness platform STEPPI has raised $1.8 million in its latest funding round, led...

Steppi fitness and wellness

U.A.E

AlgoDriven secures $2 million in Series A

UAE-based automotive data platform AlgoDriven, has raised $2 million in a Series A round led by Global Ventures. Other investors...

mobility AlgoDriven Global Ventures

U.A.E

Fetchr at risk of liquidation

UAE-based last mile delivery company Fetchr, is at risk of liquidation according to a report from Bloomberg, citing a letter sent...

Fetchr

U.A.E

Wamda co-leads BitOasis $30 Million Series B round

UAE-based cryptocurrency exchange BitOasis has raised $30 million in a Series B round co-led by Wamda and US-based VC Jump...

BitOasis crypto

U.A.E

Seez raises $5 million in pre-Series B

UAE-based automative retail platform Seez has raised $5 million in a pre-Series B round from Nuwa Capital, Crealize, BY Venture...

mobility Seez

U.A.E

Nomad Homes raises $20 million Series A

UAE-based real estate listing platform Nomad Homes, has raised $20 million in a Series A round co-led by 01 Advisors, an investment...

Real Estate Proptech Nomad homes

U.A.E

Workspace booking platform Hotdesk raises $1 million seed round

Dubai-based on-demand workspace booking platform Hotdesk has raised a $1 million seed funding round, led by Virtuzone with participation...

hotdesk workspace Proptech

U.A.E

Cloud Klair acquires UAE-based insurtech Sehteq

US-based cloud computing and SaaS startup Cloud Klair has acquired UAE-based insurtech Sehteq as it looks to...

Cloud Klair Sehteq

U.A.E

Zbooni closes $9.5 million Series A round

UAE-based Zbooni, a social and conversational commerce platform, has closed a second tranche of $4.5 million to bring its total Series A...

Zbooni social commerce

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