Wamda

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

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

U.A.E

UAE's fintech Yuze expands to India

Press release: Yuze, a UAE-based fully digital business banking platform, is set to expand its operations to India in the second...

Yuze Fintech

U.A.E

Wamda Capital participates in qeen.ai’s $10 million Seed round

UAE-based AI startup qeen.ai has secured a $10 million Seed funding round, in one of the largest seed investments in the MENA region to...

AI qeen.ai Wamda Capital

U.A.E

Myne closes $2 million pre-seed led by Scene Holding

UAE-based fintech Myne has raised a $2 million pre-seed funding round, led by Scene Holding, followed by Raz Holding with participation...

Myne Scene Holding Plus VC

U.A.E

Silkhaus to fuel KSA expansion with seven-figure growth round

UAE-based proptech Silkhaus has closed a seven-figure growth round, led by Nuwa Capital and Oraseya Capital, with participation from...

Silkhaus Proptech

U.A.E

Maalexi secures $3 million debt facility from Citi

UAE-based Maalexi agriculture-focused fintech Maalexi has secured a $3 million debt finance facility from Citi. Founded in 2021 by...

Maalexi Citi Fintech

U.A.E

BioSapien extends its pre-Series A round to $7 million

UAE-based healthtech BioSapien has extended its pre-Series A funding round to $7 million, joined by new investors like...

BioSapien healthtech Golden Gate Ventures

U.A.E

Angelspark backs Retailhub to turbocharge expansion in the UAE

UAE-based retail SaaS provider Retailhub has raised an investment from Angelspark for an undisclosed amount. Founded in 2022 by Daniel...

AngelSpark Retailhub

U.A.E

Pluto closes $4.1 million pre-Series A to drive KSA expansion

UAE-based fintech Pluto has raised a pre-Series A funding round at $4.1 million. The round is led by existing and new investors,...

Pluto Fintech Rhino Ventures

U.A.E

Ogram raises $3 million investment from Tenami Capital

UAE-based HRtech Ogram has secured a $3 million investment from Tenami Capital. Founded in 2017 by Karim Kouatly and Shafiq...

Ogram HRtech Tenami Capital

Egypt

Paymob secures UAE Central Bank retail payment services licence

Press release: Paymob, the leading financial services enabler in MENA-P, announces it has been granted the Retail Payment Services...

Paymob

U.A.E

Uktob.ai rebrands to Teammates.ai following successful funding round

UAE-based AI solutions provider Teammates.ai has raised an undisclosed funding round from Hustle Fund, Access Bridge Ventures, Oraseya...

Teammates.ai Hustle Fund AI

U.A.E

UAE-based contech Opteam raises pre-Seed round, led by Plus VC

UAE-based contech Opteam has raised an undisclosed pre-Seed round, led by Plus VC, with participation from Dar Ventures, SIAC Ventures...

Opteam contech Plus VC

U.A.E

Sigma Capital launches first fund at $100 million to accelerate Web3 innovation

Global Web3 early-stage venture asset manager Sigma Capital has launched the $100 million Sigma Capital Fund I dedicated to accelerating...

Sigma Capital Sigma Capital Fund I

U.A.E

Bank Alfalah invests in UAE fintech Jingle Pay for 9.9% stake

UAE-based remittances fintech Jingle Pay has raised funding from Bank Alfalah, a Pakistan-based bank, for a 9.9% stake. Founded...

Jingle Pay Bank Alfalah Fintech

U.A.E

Mintiply Capital partners with Fuel Venture Capital to boost entrepreneurial scene in GCC

Press release: Mintiply Capital, a leading advisory and investment banking firm in the UAE renowned for its expertise in M&A,...

Fuel Venture Capital Mintiply Capital

U.A.E

MilkStraw AI raises $600,000 pre-Seed to propel MENA expansion plans

UAE-HQ AI startup MilkStraw AI has raised $600,000 in pre-seed funding, led by Flat6Labs, with participation from Angel Spark, Beyond...

MilkStraw AI AI Flat6Labs

U.A.E

CredibleX secures $55 million Seed in both equity, debt

UAE-based fintech CredibleX has raised $55 million Seed funding, comprising both equity and debt. This financial backing comes...

CredibleX Further Ventures Fintech

U.A.E

Revibe secures $7 million Series A to expand into emerging markets

UAE-based refurbished electronics marketplace Revibe has closed its Series A of $7 million in a round co-led by ISAI and Resonance and...

Revibe E-commerce

U.A.E

Klickl closes $25 million Series A at $125 million valuation

UAE-based Web3 banking startup Klickl has closed a $25 million Series A funding round at a valuation of $125 million. The round was...

Klickl Web 3.0 Fintech

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