Wamda

U.A.E

New tourism incubator KUBE Ventures launches in UAE

UAE-based Michael Levie and David Keen have together launched KUBE Ventures, a hospitality and tourism-focused incubator. The KUBE...

KUBE Ventures Tourism

U.A.E

Yanzo: Crowdfunding for expansion

After winning a pitch competition that promised a cash prize of $60,000, Yanzo co-founder and chief executive Tarek Osman, thought he'd...

yanzo On-demand startups

U.A.E

Joi Gifts raises $2.5 million Series A

E-commerce platform Joi Gifts has raised $2.5 million in a Series A round, led by Dubai-based VC Knuru Capital, alongside MENA Moonshots...

joi gifts E-commerce

U.A.E

Supy raises $1.5 million pre-Seed round

UAE-based startup Supy has raised $1.5 million in pre-Seed funding, co-led by UAE-based investor COTU Ventures and US-based Valia...

Supy COTU Ventures Valia Ventures

U.A.E

ElKaso raises $2.1 million pre-Seed round

UAE-based B2B marketplace Elkaso has raised $2.1 million in its pre-Seed round, led by Global Founders...

Elkaso B2B e-commerce

U.A.E

NB Ventures invests in CRM solutions provider Yegertek

Dubai-based CRM solutions provider Yegertek has received an undisclosed amount of funding from NB Ventures. Founded in 2017 by...

NB Ventures Yegertek

U.A.E

Enhance Fitness app raises $3 million Series A

Dubai-based fitness app Enhance Fitness has closed a $3 million Series A round from Global Ventures. Founded in 2018 by Tarek...

Enhance Fitness Sport

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

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