Saudi-based on-demand marketplace and foodtech platform Siwar has successfully managed to raise about $7.5M in its latest funding round. The funding round was led by Riyadh-based travel services company Seera Group with the participation of key investors in the region.
The platform was launched back last year and it’s been...
GIZ Egypt has announced a €100M which is roughly $120M subsidizing program "VC University", focusing on first-time investment (VC) reserves. It’s in association with Egyptian Micro, Small and Medium Enterprises Development Agency (MSMEDA), Endure Capital, and Changelabs
The sole purpose of this year-long program will offer planned asset administrators mentor...
The popular Cairo-based grocery platform startup, Appetito has raised about $450K on a Seed round from a gathering of Saudi Arabian Angel investor Ahmed Al Alola. He led the entire funding round in a beginning phase who was one of the early sponsors of Nana and Sary along with...
It was announced that Arrow Labs, a popular Dubai-based software startup has managed to raise $5M in Series A from Tim Draper’s Draper Associate. There were participation in the round by Global Ventures and B&Y Ventures. The investment is notably the first investment ever made in the Middle East...
The popular hyper-developing Dubai-based eMarketplace, Tradeling zeroed in on business-to-business (B2B) exchanges across the MENA region and that's not all. They already have proceeded with an arrangement with the Chinese online business leading platform, JD.com. The coordinated effort will give every business across MENA to get access to take...
Start-ups can be defined as companies or businesses that focus on one single product or service with the hopes of introducing it to the market. A start-up can be individually owned, or two or more investors can be its founder.
The greatest challenge that most start-up businesses face is finding investors willing to...
Mubadala, Abu Dhabi's prominent sovereign wealth fund, is reportedly in advanced discussions to significantly increase its investment in Revolut, the UK-based digital banking and payments powerhouse. The potential deal, valued at approximately US$100 million (£78 million), would see Mubadala acquire an additional stake in Revolut, which is now commanding...
It is always sad to see whole families forced to leave their houses and roots to strange lands due to wars and disasters. Yet, despite the obvious hardships and upheaval that comes with being a refugee, some have overcome the challenges of their situations and have created platforms, structures...
Antler Singapore is set to create a significant impact in the Middle East, North Africa (MENA), and Pakistan regions through its $60 million fund and comprehensive support programs.
Antler Singapore has long been recognized as a pioneer in identifying and nurturing promising startups at the earliest stages of their journey....
NOW, the Dubai-based fintech has already raised about $7M in a fresh fund round which was announced today. The round was led by Anthemis Exponential Ventures and was joined by investors including Wamda Commercial Bank of Dubai, Accion Venture Lab. Hambro Perks’ Oryx Fund, Knuru Capital, DIFC FinTech Fund,...
