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 Riyadh-Based food subscription app Dailymealz has raised about $2M in Pre Series A round. The fund was led by Seedra Ventures and the round even was even joined by some popular angel investors.
Dailymealz allows customers to order their food with their subscriptions from the app. The subscriptions are...
It was announced today by the popular South Korea government-backed funds of funds, KVIC aka Korean Venture Investment Company has recently started being committed to investing in VC Shorooq Partners’ Bedaya Fund which is an Abu Dhabi-based early-stage and that’s not all. It’s also notably the first fund from...
The popular global, women-run venture firm Mindshift Capital has recently invested into the Series C raise of US-based OtoNexus Medical Technologies, perceived as one of the main US organizations at the cutting edge innovative solutions for infection controls.
The firm was founded back in 2019 by Caitlin Cameron who is...
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 popular Saudi-based FinTech and digital POS provider CashIn has managed to successfully raise about $1.6M in a funding round. The funding seed round was led by some of the most popular key investors including BIM Ventures along with a wide number of angel investors as well.
In the first...
Cartona, the popular Egypt-based B2B platform connecting retailers to manufacturers and wholesalers about their successful management of raising about $4.5M in their latest Pre-Series A funding round. This particular Pre-Series funding round was led by Global Ventures. The round was also joined by Kepple Africa Ventures, T5 Ventures, and...
The Angel Investment Network of the Middle East (MAIN), which promotes angel investing in the region, has announced a free standard Egyptian legal document for early-stage founders and investors.
This was done in collaboration with the Development Cooperation in Germany implemented by GIZ Egypt (GIZ), a network of MENA’s leading...
It was recently announced by the UAE Ministry of Economy that the coming protocol on Commercial Companies Law will happen on the first day of next month, empowering unfamiliar financial backers and business people to set up and completely own inland organizations. With there being 3K+ UAE-based new companies...
Podro Iran’s delivery and logistics startup raised $12.5 million (300 billion Toman) from Fanap, an old guard of Iran’s digital ecosystem. Podro offers small to medium sized businesses B2B and B2C services, with many Iranians using social media to open store fronts to sell products and goods such as...
