Supy, the popular UAE-based B2B food marketplace has managed to raise about $1.5M in a Pre-Seed funding round. This latest Pre-Seed Funding round was co-led by UAE-based investor COTU Ventures and US-based Valia Ventures, marking their first investment in MENA.
Supy was founded by CEO Dani El-Zein, previously COO at...
Colendi, the popular Turkey-based micro-crediting and payment solution platform that has managed to successfully raise about $30M in its latest Series A funding round. The funding round was participated by several key international investors. However, the most remarkable investment was made of a $12M investment by previous Getir backers...
OTO, the Saudi-based Shipping management software and delivery platform that they’ve managed to successfully raise $3M in their latest seed funding round. The funding round was led by Middle East Venture Partners (MEVP) and Derayah Capital.
OTO was founded by CEO Mohammad Al-Razaz and CTO Furkan Uzar. And it has...
KUBE has been attracting some of the world’s foremost entrepreneurs and disruptors in the hospitality space ever since its establishment. It was both inspired and created by Michael Levie and David Keen and they have a single purpose which is to drive transformation by incubating and accelerating hospitality start-ups....
It was announced today that Morocco headquartered Fintech startup Yalla Xash has raised a total sum of $675K series A funding round which was led by Maroc Numeric Fund II. The startup was established back in 2018 and ever since then, they’ve been providing money transferring features that allow...
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...
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...
Aldar Properties has launched its six-month entrepreneurship incubator program on its second round of the Manassah program. Their program is mainly aimed at attracting exceptional talents from all over the GCC and advance them under their wings. Aldar had held their partnership with startAD before and this global startup...
Alhokair have made an announcement that they will acquire a total of 51% stake in an online fast fashion platform, Vogacloset, based in the UK and provides her services to the Middle East.
The company is a franchise retailer in Arabian Centres Company (ACC) and Saudi Arabia. It is also...
The launching of Al Zayani Venture Capital has been announced by Al Zayani Investment Group. The company has its headquarters in Manama, Bahrain. It has its focus on investment in disruptive technology and start-ups.
In 1977, Al Zayani Investment Group was established in Bahrain. This makes it one of the...