Saudi Arabia Saudi Arabia’s Pd7 raises $1 million to fuel expansion Saudi Arabia-based sports startup Pala De 7 (Pd7) has raised SAR 3,750,000 ($1 million) in investment, led by Grintafy, AlTahan and... News • 14 December, 2023 Pala De 7 Pd7 Grintafy
U.A.E UAE’s Terra raises $2 million Seed UAE-based electric mobility company Terra, has raised a $2 million Seed round from a group of angel investors. Founded in 2021 by... News • 14 December, 2023 Terra
U.A.E US-based Mercer acquires UAE’s The Talent Enterprise US-based talent and workforce management enterprise has acquired The Talent Enterprise (TTE), a psychometric and talent assessment... News • 14 December, 2023 The Talent Enterprise
Global Mubadala Capital participates in Andalusia Labs’ $48 million Series A Abu Dhabi’s $280 billion global sovereign fund, Mubadala Capital, has participated in the $48 million Series A funding round... News • 14 December, 2023 Mubadala Capital Andalusia Labs Blockchain
U.A.E UAE’s Fundbot raises $1.5 million Seed UAE-based fintech Fundbot, has raised a $1.5 million Seed round led by Hambro Perks Oryx Fund, with further support from Aditum... News • 14 December, 2023 Fundbot Fintech B2B lending
Saudi Arabia Naeem closes pre-Seed round led by Lunment Saudi Arabia-based SaaS platform for the salon and beauty sector, Naeem, has closed a pre-Seed round for an unknown amount, led by... News • 12 December, 2023 Naeem Lunment Self Care
U.A.E Midori raises $200,000 pre-Seed at COP28 UAE-based climate tech, Midori Network has secured $200,000 in a pre-Seed funding from Kirill Veselov, an angel investor and former... News • 12 December, 2023 Midori Network Climatetech in5
U.A.E Climatetech startup HyveGeo raises pre-Seed round UAE-based climatetech startup HyveGeo has raised a pre-Seed funding round led by SystemaNova.vc. The amount raised was not... News • 11 December, 2023 HyveGeo Climatetech
Saudi Arabia Lendo raises $28 million Series B led by Sanabil Investments Lendo, a Saudi Arabia-based shariah-compliant debt crowdfunding marketplace, has raised SAR 105 million ($28 million) in Series B... News • 11 December, 2023 Lendo Shariah-compliant
U.A.E Clara acquires BOTH Corporate Services Limited UAE-based legaltech Clara has acquired BOTH Corporate Services Limited (BCS), aprovider of corporate services in Abu Dhabi Global... News • 11 December, 2023 Clara Legaltech
Saudi Arabia Pure Harvest acquires Red Sea’s production facility in Saudi Arabia UAE-based agritech Pure Harvest Smart Farms has announced the acquisition of Red Sea’s controlled-environment agriculture (CEA)... News • 11 December, 2023 Red Sea Farms Pure Harvest Smart Farms
U.A.E EasyLease acquires 60 per cent stake in UAE’s EV manufacturer Fully Charged EasyLease, a mobility solutions provider and a subsidiary of Abu Dhabi-based International Holding Company, has acquired a 60 per cent... News • 11 December, 2023 FullyCharged EasyLease
Egypt Egypt’s fintech Banknbox raises funding from Disruptech Fund Egypt-based fintech startup Banknbox has raised funding from Disruptech Fund. Founded this year by Basem Mahmoud, Banknbox offers a... News • 11 December, 2023 Disruptech
U.A.E Investcorp launches $750 million climate technology investment platform Bahrain-based Investcorp, a global alternative investment management firm, has launched a $750 million climate solutions investment... News • 11 December, 2023 Investcorp COP28
U.A.E DFDF allocates Dh200 million to invest in climate technologies The Dubai Future District Fund (DFDF) has allocated up to 20 per cent, corresponding to Dh200 million of its Dh1 billion fund to... News • 10 December, 2023 COP28 Dubai Future District Fund
U.A.E PepsiCo, SABIC, AstroLabs launch Mega Green Accelerator to support cleantech startups PepsiCo, SABIC, AstroLabs, and their strategic partners have announced the launch of the Mega Green Accelerator to invest in startups... News • 10 December, 2023 Astrolabs Pepsico
