Sprout FZCO, is a company founded by biochemist Oz Erbas and marketing technologist Katerina Papatryfon, the major aim is to usher in a new age of kids' food production focused on science and health improvement. Sprout foods are made entirely of whole plants and heavily rely on locally sourced...
The KSA-based cloud POS platform Prexle helps retail store owners including clothing shops, electronics, and even grocery stores to manage their customers, discounts, purchase orders, and manage their inventories simultaneously. The platform also allows to manage and generate reports on taxes, sales and inventories as well. This startup was...
It was announced that Quix, the popular Saudi Arabia-based on-demand delivery platform has raised SAR 3M which is roughly $800K pre-launch from more than 559 financial backers. The fund was raised through the crowdfunding platform Scooper. This carries the organization's absolute post-evaluation to SAR 10.1M which is roughly $2.7M...
FII Institute, a Saudi-based investing giant has announced their investment of $500K in Paris-based space technology startup Interstellar Lab. The investment was done as part of their inclusive mission to provide the empowering the most eligible and brightest minds in leveraging scientific innovation for a better future.
The financial equity...
The Fintech giant and microloan service solution provider from Egypt Kashat has managed to successfully raise about $1.75M in the latest funding round and it was announced today. The Bridge round was participated by several regional investors. The round was led by Pan-African fund Launch Africa and they’re known...
It was announced by the popular Pakistan-based Sarmayacar VC that it has helped dispatch their shipping marketplace center TruckSher. The VC firm didn't unveil the size of capital it has infused into the startup. It didn't share the specific insights concerning how much stake it possesses in TruckSher however...
Raqamyah, a Riyadh-based crowdlending platform has raised about $2.3M in just one investment deal. They announced that the investment round was managed and led by Impact46 later that day. There were other investors included such as Mad’s investment, Al Yusr and Fadeed Investment. Another round of participation was made...
The popular trucking marketplace from Karachi Truck-It-In has managed to add $3M to its pre-seed round and that’s not all. They have raised the fund in an extension to close the round right around $4.5M which was announced very recently. The startup already claimed to be the largest ‘pre-seed...
Only as a side project of the Milken-Motsepe Innovation Prize program, a multi-year procedure to channel enterprising personalities and financial backers towards creating various innovative solutions with a focus on Africa, the agri-tech prize is currently accepting applications. The Milken-Motsepe Prize is a worldwide competitive program for providing solutions...
Elkaso, the popular UAE-based B2B marketplace has managed to successfully raise about $2.1M in its latest funding round was led by Global Founders Capital and MSA Capital. Although it was joined by key strategic global and regional investors including former and current leaders of Careem, Delivery Hero, Apple, Faith...
