Starting a company is an exciting time and for those in UAE, the chance to have your own start-up is remarkably high. Hundreds of start-ups are started each year in the Emirates. UAE actually leads Singapore, Norway, Japan, Sweden, Germany, and New Zealand in how many start-ups find life...
Health-tech start-up MEDZnMORE raised a pre-series A round of $11.5 million from a series of angel and venture capitalist firms. Founded in 2020 based in Karachi Pakistan, in pursuit to solve the medical and wellness delivery service for B2B and B2C clientele of consumers, pharmacies and hospitals.
With the growth...
Despite decreasing funding in the African continent, Nigerian startups succeeded in raising their funding to $160 million in the first Q1. Four countries including Nigeria, Kenya, South Africa, and Egypt accounted for %87 of startup investments during Q1, and the founding breakdown showed, Nigeria is leader with $160 m...
Abu Dhabi announced that they’d be reducing business setup fees for the private sector. The decision was also made of license renewal fees to DHS 1K. This new fee policy will be effective from July 27, 21. And the entire reduction of the fee is over 90 percent less...
Iranian start-ups have certainly endured a difficult time with 4 years of sanctions, currency devaluations, economic problems and COVID-19. Some companies still operating and thriving in the digital ecosystem founded by women worth noting.
Takhfifan
This start-up initially started as a clone of Groupon and over time has come to it’s...
A real estate platform, Mubawab, that has its base in Morocco, has received funding of $10M from its parent company, the (EMPG), Emerging Markets Property Group.
Mubawab, which was founded by Toni Puig and Kevin Gormand in 2011, gives users the ability to utilize its platform to purchase, rent, and...
It was announced that the popular career-tech platform ‘Localized’ operating across the MENA region has managed to secure about $2.2M Seed Investment Round. The round was from Trend Forward Capital, One Planet VC, Angel Ventures, Next Wave Impact, Bisk Ventures, Joshua Mailman, US News Digital Ventures, and angel investor...
Getir has become one of the most valued grocery delivery apps right now that has achieved unicorn status. Headquartered in Istanbul, this ultra fast grocery delivery platform already tripled its valuation to $2.6B in less than 2 months. Co-led by Tiger Global and Sequoia Capital, their valuation was increased...
A traceability and automation platform, Verofax Limited, led by Trove Capital UK, has in a Seed funding round secured $1.2million. Other investors include Kepler Fund Managers, MFD Holding, and Casablanca Holding.
This funding is simultaneous with the porting of the platform of Verofax on Microsoft Cloud and its current expansion in...
The popular AgriTech start-up in the digital fresh produce platform from Lahore has managed to successfully raise about $2M in its latest Pre-Seed funding round. This particular pre-seed funding round was led by Global Founders Capital. The round was also joined by Zayn Capital and recorded participation from Ratio...
