Wamda

Global

Mubadala invests in China's Xpeng Motors

Source: CNBC Chinese electric car maker Xpeng Motors has raised $400 million ahead of an initial public offering (IPO) in the U.S., two...

Mubadala Capital Xpeng Motors tesla

U.A.E

Sheraa, CE-Ventures grant $190,000 to 11 startups

Source: Trade Arabia Sharjah Entrepreneurship Center (Sheraa) and CE-Ventures have disbursed more than AED700,000 ($190,560) in...

Sheraa CE-Ventures Covid19

U.A.E

Conektr raises $800,000 in pre-Series A

Source: WAYA Conektr, a Dubai-based digital lower trade, groceries, and HORECA marketplace platform has raised $800,000 in a...

grocery stores GCC Series A

U.A.E

Putting communities first in a new decade of innovation

By Rashid Al Ghurair, founder and CEO of UAE-based CAFU, a fuel on demand service Entering this new decade just several months ago,...

CAFU

Global

Foundation Holdings invests in India's Toppr

Source: Vccircle Toppr Technologies Pvt. Ltd, which runs an eponymous ed-tech startup, has raised Rs 350 crore ($46 million) in its...

EdTech Toppr

U.A.E

Has the office become a burden?

Life is returning to offices in the UAE and the wider Middle East region as workers go back to their desks wearing masks and attempting to...

U.A.E

Fetchr raises $15 million to expand to Saudi Arabia

Source: Bloomberg Fetchr secured at least $15 million in fresh funding to expand in Saudi Arabia as part of a turnaround plan that...

Fetchr Last mile delivery

Global

Abu Dhabi Capital Group invests in China's MissFresh

Source: Reuters Chinese online grocery startup MissFresh said on Thursday it has raised $495 million in its latest round of...

MissFresh Abu Dhabi Capital Group

U.A.E

Volvo Cars Tech Fund invests in blockchain firm Circulor

Source: Trade Arabia Trading Enterprises, the exclusive distributor of Volvo cars in the UAE, has announced that Volvo Cars has made an...

Volvo Cars

U.A.E

Eve virtual raises $1 million in seed funding

Source: WAYA Eve virtual – MENA’s first virtual hosting platform announced it has raised $1 million in a seed funding...

Eve virtual 3Dprinting

U.A.E

Periscope Media raises seed funding

Dubai-based edutainment startup Periscope Media has raised its initial seed round funding. Founded in early 2020, Periscope Media is...

edutainment Periscope Media

U.A.E

Nomad Homes raises $4 million in seed funding

Dubai-based digital real estate platform Nomad Homes, has raised a $4 million in a seed round led by Comcast Ventures, with participation...

Protech Nomad homes

Global

Privity invests in Verofax

UAE-based advisory firm Privity has invested in Abu Dhabi-based Verofax Limited’s pre-seed investment round. Founded in 2018,...

Verofax Privity Blockchain

Bahrain

Al Waha Fund of Funds invests in Bedaya Fund

Source: Gulf Daily News Al Waha Fund of Funds invested an undisclosed amount in the Bedaya Fund I of seed-stage venture capital firm...

Bedaya fund Shorooq Partners AlWaha Fund of Funds

U.A.E

In5 startups raise Dh65 million in first half of 2020

Dubai-based incubator In5, today announced that its startups have raised more than Dh65 million ($17.7 million) in the first half of...

in5 Tecom 2020 H1

U.A.E

MidChains closes new funding round

Source: The National MidChains, an upcoming Abu Dhabi-based virtual asset trading exchange, said it closed its latest funding round with...

Mubadala Capital Blockchain MidChains

U.A.E

Spotii raises investment from Daman Investments

UAE-based “shop now, pay later” startup Spotii has raised investment from Daman Investments. Founded by Anuscha Iqbal and...

Fintech Spotii

U.A.E

GrubTech raises $2 million seed

UAE-based GrubTech, a foodtech startup has raised $2 million in seed funding to fund its growth and product development. The...

foodtech GrubTech

Global

Mubadala Capital invests in France's Owkin

Source: Crunsh base Owkin, a French company applying machine learning to medical research, has secured $18 million in funding...

Mubadala Capital machine learning Owkin

U.A.E

Play:Date raises investment from Modus Capital

UAE-based Play:Date, an application that helps parents build their child’s social circle, has secured a $250,000 investment from New...

Play:Date Modus Capital

Global

VentureSouq invests in Nigeria's Wallets Africa

Source: Disrupt Africa Nigerian fintech startup Wallets Africa has secured an undisclosed amount of funding from a host of investors as...

Wallets Africa Fintech

Pakistan

Shorooq Partners invests in Pakistan-based Airlift

Source: Dawn Bus ride-hailing service Airlift has raised an impressive $10 million in seed financing, taking its total investment to...

Airlift ride hailing Shorooq Partners

U.A.E

Felix closes $800,000 seed round

UAE-based Felix, an insurance e-commerce and automation platform for insurance brokers launched in January 2019, announced that it has...

Insurance Felix seed

U.A.E

Wamda invests in freelance marketplace Ureed.com

Wamda, the Middle East region's leading startup ecosystem enabler, has participated in Ureed.com’s seed funding round along with...

Ureed wamda seed

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