Wamda

U.A.E

Pawame raises $2.5 million, prepares for $5 million Series A

UAE-based solar energy startup aimed at off-grid communities in sub-Saharan African countries Pawame, has raised $1.7 million in grants....

Pawame solar energy Series A

U.A.E

VentureSouq participants in Lahore-based Tajir's $17 million Series A round

UAE-based venture capital firm VentureSouq, has participated in Pakistan-based B2B marketplace Tajir's $17 million growth funding...

Tajir Venture Souq b2b

Global

Huda Beauty Investments participates in UK-based Uptime's $3 million seed extension

Dubai-based Huda Beauty investments (HBI) has participated in UK-based edtech Uptime's $3 million Seed extension round....

HB investments Uptime EdTech

U.A.E

Microsoft launches ‘GrowthX Accelerator’ for B2B startups in UAE

Microsoft has launched an accelerator programme for B2B startups in cooperation with Abu Dhabi Investment Office (ADIO). The...

uae microsoft GrowthX Accelerator

Global

Mubadala Capital participates in Berlin-based wefox's $650 million Series C round

UAE-based investment firm Mubadala Capital, has invested in Berlin-based insuretech company Wefox’s $650 million Series C funding...

Mubadala Capital Wefox Insurtech

U.A.E

Stake raises $4 million Seed round

Dubai-based proptech startup Stake has raised a $4 million Seed round led by Combined Growth Real Estate with participation from...

Stake Real Estate

Global

Falcon Edge Capital co-leads $50 million Series A round in India's Mensa Brands

UAE's Falcon Edge Capital, Accel Partners and Norwest Venture Partners, have co-led a $50 million Series A round for India-based...

Falcon Edge Capital Mensa Brands Series A

U.A.E

almentor raises $6.5 million Series B round

Dubai-based video e-learning platform almentor, has raised $6.5 million in a Series B funding round, led by Partech, with participation...

almentor Video e-learning series B

Global

Australia's Zip acquires Spotii

ZIP a publically listed Australia-based buy now pay later (BNPL) company has fully acquired Dubai-based BNPL provider Spotii for...

Spotii Zip BNPL

U.A.E

Rizek raises $10 million Series A round

UAE-based on-demand home services startup Rizek, has raised a $10 million Series A funding round. Founded by Abdullah Abu Sheikh...

Rizek home services

Global

UAE's Calega, Oman-based investors invest in India-based ClassMonitor

UAE-based Calega family office investor group, Oman-based group of investors (Sarvann), along with PATH India, have led a...

ClassMomitor

U.A.E

Mindshift Capital invests in US fitness startup

UAE-based Mindshift Capital has invested in US-based digital fitness platform FORTË, a subscription-based service offering...

Mindshift Capital Fund

U.A.E

Mamo raises $8 million in pre-Series A

UAE-based fintech startup Mamo has raised $8 million in its pre-Series A round led by Global Ventures, with the participation of 4DX...

mamo pay digital wallet

U.A.E

Foloosi raises $2 million in pre-Series A

UAE-based fintech startup Foloosi, has raised a $2 million (AED 7.4 million) pre-Series A funding round from Abu Dhabi-based angel...

Foloosi Fintech pre-Series A

U.A.E

MyBenefits raises $780,000 Seed round

UAE-based employee benefit platform MyBenefits, has raised a $780,000 Seed round from EdgeGlobal, with participation from individual...

MyBenefits Employee benifit programmes seed

U.A.E

Crescent Enterprises to double investments in startups to $272 million by 2022

UAE-based Crescent Enterprises announced doubling its venture capital investments in startups to $272 million (Dh 1 billion) by...

uae Venture Capital

U.A.E

nybl acquires Mexico-based machine learning startup Nubila

UAE-based nybl, an artificial intelligence (AI) and machine learning startup has acquired Nubil, a Mexico-based visual data mining and...

nybl Artificial intelligence machine learning

U.A.E

Derq raises $500,000 from Wadi Makkah Ventures

Derq has raised $500,000 from Wadi Makkah Ventures as part of its pre-Series A round, which included other global investors. The...

Artificial intelligence Analytics

U.A.E

Mythical to meteoric: The rise of tech unicorns

Ammar Al Malik is the managing director of Dubai Internet City The boom in tech firms either floating on stock markets or achieving...

unicorns

U.A.E

Protect4less raises $1 million in pre-Series A

UAE-based insuretech startup Protect4less, has raised a $1 million pre-Series A round from a group of family offices and private...

protect4less Pre Series A

Pakistan

Dubai's VentureSouq invests in Karachi-based CreditBook's $1.5 million seed round

Source: Tech in Asia Pakistan has one of the world’s fastest-growing middle class populations and has seen a 720% increase in 4G...

VentureSouq CreditBook Bookkeeping

U.A.E

Ola Doudin: The Middle East is having its crypto moment

Development in crypto regulations in the Middle East will help digital assets grow according to Ola Doudin, co-founder of UAE-based...

BitOasis

U.A.E

Dubai launches Food Tech Valley

Source: The National Dubai has launched a major new food technology hub set to act as a "global destination" for...

foodtech

Global

UAE's Vy Capital participates in India-based Urban Company's $188 million funding round

Source: VCCircle On-demand home services marketplace Urban Company has raised $188 million (Rs 1,410 crore) in a growth funding...

Urban Company Vy Capital

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