It was announced today that Kitopi, the popular cloud kitchen startup from Dubai has managed to raise about $415M in a Series C round. The round was led by SoftBank’s Vision Fund 2. The round is notably one of the biggest financing rounds led by a venture-back company in...
UAE Fintech Startup Klaim Raises $26M to Transform Healthcare Payments
Klaim, a UAE-based healthcare fintech startup, has secured $26 million in funding to accelerate medical insurance claim payments. The funding includes $10 million in Series A equity and $16 million in debt financing. Saudi-based Mad’a Investment led the round, with...
The popular customer engagement platform from Riyadh, Unifonic has managed to raise about $125M in a Series B round. The series B funding round was led by SoftBank Vision Fund 2 and Public Investment Fund’s subsidiary Sanabil Investments. The announcement didn’t share any specific details on valuation. This specific...
The powers in Saudi Arabia have recently announced they have established a bank for the small and medium enterprises in the country. They made the announcement during the weekly meeting of the cabinet, which is where the elected officials in Saudi Arabia discuss developments on a regional, global, and...
The GSMA declares its most recent Innovation Fund for Digital Urban Services following the accomplishment of three years of centered assets, peering toward African, South Asian, and Southeast Asian new companies that are tending to the critical difficulties in quickly extending metropolitan areas.
Inside a more extensive long haul worldwide...
In excess of 45 ethnicities have bought units worth around roughly $96.9M in Creek Views I started by the engineer. About this project, engineer Azizi says 75% of the Dubai Healthcare City project sold, So far, in excess of 45 identities have bought units worth AED 356M which is...
Walee, the popular influencer marketing platform from Islamabad has managed to raise about $2.7M in a seed funding round and that’s not all. The round was from a Pakistani communications company Z2C and they are strictly into public relations, advertising, commerce along with technological advancements as well. However he...
It was announced that the popular Egyptian-based logistic platform for eCommerce commercial center, Flextock raised a $3.25M Pre-Seed financing round. The round was held Foundation Ventures (Egypt), MSA Capital (China), CRE Venture Capital (South Africa), Alter Global (US), JIMCO – Jameel Investment Management Company (Saudi Arabia), B&Y Venture Partners...
Zeew, the Egypt-headquartered E-commerce platform has managed to raise about $170K from Sanabil 500 MENA Seed Accelerator and it was announced today. Sanabil 500 MENA Seed Accelerator is a joint initiative of Sanabil Investments and 500 startups. And that makes the startup with a total sum of $400K which...
A tech start-up based in Riyadh, Azom, which designs, develops, and sells computer software and electronics, has raised a Series A funding round worth $9.5M (36M Saudi riyal), from Assr AlJawal and an anonymous individual investor.
Azom was established to develop and provide electronics and technologies such as phones and other...
