Wamda

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

U.A.E

Astra Tech’s Quantix secures $500 million debt financing from Citi

UAE-based fintech Quantix Technology Projects LLC, a subsidiary of Astra Tech, has secured $500 million in asset-backed securitisation...

Astra tech Quantix Citi

U.A.E

UAE-based biotech BioSapien secures $5.5 million pre-Series A

UAE-based healthtech BioSapien has raised $5.5 million pre-Series A fundraise, led by Global Ventures with participation from Dara...

BioSapien Global Ventures Dara Holdings

U.A.E

YC-backed CozmoX AI launches voice AI employees platform

Press release: CozmoX AI, a Y Combinator graduate, today announced the launch of the first enterprise-ready AI Employee platform in the...

CozmoX AI AI Y Combinator

U.A.E

DeChat raises $1 million from Mindspace Solutions

UAE-based Web 3.0 social network DeChat has raised $1 million in a funding round led by Mindspace Solutions. DeChat develops a...

DeChat Mindspace Solutions Web 3.0

U.A.E

Wellness app “Better” closes $550,000 pre-Seed led by Salica Spring Studios

UAE-based men’s wellness app Better has raised a $550,000 pre-Seed round led by Salica Spring Studios’ fund, backed by...

Better healthtech

U.A.E

BuyAnyAutoPart secures $750,000 pre-Seed

UAE-based B2B autotech BuyAnyAutoPart has secured $750,000 in pre-Seed funding from Galadari Brothers, 6G Capital, and other undisclosed...

BuyAnyAutoPart autotech Galadari Brothers

U.A.E

Wamda Capital participates in Wafeq’s $7.5 million Series A round

UAE-based fintech Wafeq has raised $7.5 million in a Series A funding round. The round is led by 9900 Capital, with participation from...

Wafeq Fintech Wamda Capital

U.A.E

Iliad Partners launches $50 million MENA-focused VC Fund

UAE-based venture capital firm Iliad Partners has announced the launch and first close of its $50 million Iliad Partners Tech Ventures...

Iliad Partners Jada Fund of Funds

U.A.E

Aliph Capital acquires 25% stake in SANIPEX GROUP

UAE-based private equity manager Aliph Capital has invested in UAE’s lifestyle product supplier, SANIPEX GROUP, for a 25% stake....

Aliph Capital SANIPEX GROUP

U.A.E

Playgama to step up Web gaming development with $3 million funding

UAE-based gametech startup Playgama has raised $3 million in a funding round led by The Open Platform and s16vc. The round is also...

Playgama The Open Platform

U.A.E

eyewa closes $100 million series C round led by General Atlantic

UAE-based eyewear retailer “eyewa” has raised $100 million in its Series C funding round, led by General Atlantic with...

eyewa General Atlantic

Qatar

Qatar Development Bank announces key investments in Nybl, Wahed

Qatar Development Bank (QDB) has signed a strategic investment agreement with Saudi Arabia-based AI startup Nybl and the USA-HQ...

nybl Wahed QDB

U.A.E

Shipfinex raises $1.5 million Seed to drive growth

UAE-based maritime fintech platform Shipfinex has secured $1.5 million in Seed funding, led by Gaurav Mehta, Chairman of Best Oasis...

Shipfinex Maritime fintech

U.A.E

Popcorn AI closes $500,000 pre-seed

UAE-based conversational commerce platform Popcorn AI has raised a $500,000 pre-seed funding round, with participation from Spring...

Popcorn AI AI E-commerce

U.A.E

Pemo raises $7 million pre-Series A, eyeing KSA expansion

UAE-based fintech Pemo has secured a $7 million pre-Series A funding round, co-led by Shorooq and Augmentum Fintech. Co-founded by...

Pemo Shorooq Augmentum Fintech

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