Wamda

U.A.E

Kitopi raises $415 million in Series C led by Softbank

UAE-based cloud kitchen platform Kitopi has raised $415 million in a Series C round led by SoftBank Vision Fund 2 with...

Kitopi cloud kitchen Softbank Vision Fund

U.A.E

IoT startup iWire raises $34 million Series A round

UAE-based internet of things (IoT) startup iWire has raised a $34 million Series A funding round, led by Noor Capital with participation...

iWire IoT

Saudi Arabia

Why Mumzworld is a unique story for the Arab region

The Mumzworld story is a triumph for e-commerce startups and the entrepreneurial ecosystem in the Arab region. The journey of the two...

Mumzworld

U.A.E

Postpay secures $10 million investment from AP Ventures and Afterpay

Dubai-based buy now pay later (BNPL) startup Postpay has secured $10 million in equity investment, led by AP Ventures and...

BNPL Postpay Fintech

Bahrain

UAE’s Shorooq Partners acquires Bahrain’s Autarky Capital

UAE-based venture capital firm Shorooq Partners has acquired Bahrain-based investment and advisory firm Autarky Capital for an...

Shorooq Partners Autarky Capital acquisition

U.A.E

UAE’s Cashee raises $1 million pre-Seed

UAE-based fintech startup Cashee raised a $1 million pre-Seed funding round. Founded by Smeetha Ghosh and Brad Whittfield, Cashee...

Cashee EdTech Fintech

Saudi Arabia

Saudi Arabia’s Tamer Group acquires majority stake in Mumzworld

Saudi Arabia’s Tamer Group, a healthcare distributor and logistics company has acquired a majority stake in UAE-based e-commerce...

acquisition news Mumzworld

U.A.E

eyewa closes $21 million Series B

UAE-based eyewa has closed its Series B funding round, raising $21 million. The round was co-led by Kingsway and Nuwa Capital, with...

eyewa series B

U.A.E

Alma Health receives investment from Oryx Fund

Abu Dhabi-based healthtech startup Alma Health has secured investment led by Hambro Perks’ Oryx Fund, alongside strategic angel...

uae healthtech Alma Health

U.A.E

tabby raises $50 million in debt financing from Partners for Growth

Dubai-based buy now pay later (BNPL) startup tabby has raised $50 million in debt financing from Partners for Growth. Founded...

BNPL Tabby

Egypt

Egypt-based autotech app “Oddigo” expands to UAE

Egypt-based autotech startup “Odiggo” has expanded to the UAE, after launching in Saudi Arabia. Founded in 2019...

Oddigo autotech

U.A.E

Beehive receives Dh30 million in grant from EDB to finance UAE SMEs

UAE institutional investor, Emirates Development Bank (EDB) has granted peer-to-peer (P2P) lending platform Beehive, Dh30 million...

beehive EDB p2p

U.A.E

The Luxury Closet raises $14 million

UAE-based The Luxury Closet has raised $14 million in a round led by GMP Investments, with participation from regional and...

The Luxury Closet

U.A.E

Wellbeing app “Valeo” raises $3 million in Seed round

UAE-based wellbeing-tech startup Valeo has raised $3 million in its Seed funding round, led by Global Founders Capital, Global...

health app Valeo

U.A.E

Hub71 and Modus Capital launch venture builder in Abu Dhabi

Abu Dhabi’s tech ecosystem Hub71 joins US-based VC and venture builder Modus Capital to launch Ventures Lab in the UAE,...

Hub71 abu dhabi

Saudi Arabia

FloraNow acquires AstraFarms' flower distribution business

Dubai-based B2B floral marketplace Floranow has acquired Saudi Arabia-based distribution business of Saudi...

Astra Farms Floranow Floral markerplaces

U.A.E

The office beckons for Careem

When remote working was imposed on majority of the world’s office workers last year, some embraced it with gusto, while others...

remote working careem

U.A.E

Mama Me receives Seed funding from Flat6Labs

UAE-based startup Mama ME has raised an undisclosed Seed round led by Flat6Labs in Bahrain. The social impact app, founded in 2020...

Mama ME Motherhood app

Global

Global Ventures leads $10.8 million pre-Series A round for US-based Nexford University

UAE-based venture capital firm Global Ventures has led a $10.8 million pre-Series A funding round for US-based digital...

Global Ventures Nexford University Series A

U.A.E

Hub71 and ADIO to grant 10 startups $2.7 million as part of The Outliers initiative

Abu Dhabi’s Hub71 and the Abu Dhabi Investment Office (ADIO) have launched The Outliers Programme to support early-stage tech...

Hub71 ADIO The Outliers

U.A.E

Logistics platform Trukkin raises $7 Million in Series A round

UAE-based truck aggregator Trukkin, has raised $7 million (SAR 26 million) in its Series A round, led by Saudi Arabia-based Emkan...

Trukkin Series A Logistics

U.A.E

Wamda participates in Ziina’s latest $7.5 million funding round

Wamda has participated in UAE-basedZiina’s $7.5 million funding round which was led by Avenir Growth Capital and Class 5 Global....

wamda Ziina

U.A.E

Boksha raises $1 million Seed investment

Boksha, a UAE-based marketplace for fashion designers, has raised a $1 million Seed funding round from Sandooq Al Watan and several...

Boksha fashion ecommerce

U.A.E

Opontia raises $20 million Seed round

Dubai-based e-commerce enabler Opontia, has raised $20 million in debt and equity in a Seed round from Global Founders Capital,...

b2b B2B e-commerce

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