Zid has successfully raised about $7M in a Series A funding round. This KSA-based eCommerce platform was able to raise 26M SAR which was led mainly by Global Ventures along with other existing investors that includes Arzan VC and Elm.
But this wasn’t the first investment Zid had received. In...
The popular Karachi-based B2B Ecommerce marketplace Bazaar has launched their fully digital ledger app, ‘Easy Khata’ which will allow retailers to seamlessly manage their accounting and ledger. The app was already debuted its first launch over a month ago having more than 100k active merchants registered across 400 cities...
Aramco’s Wa’ed, Saudi’s entrepreneurship arm of oil and petroleum giant that they’ll be doubling their investment in and support of startups by the year 2023.
Wa’ed was launched back in 2011 and ever since they’ve been supporting over 90 startups via venture capital investments and loans. But they did vow...
The US-based global digital media investor NBM aka North Base Media of their investment in Majarra which is an Abu-Dhabi-based Arabic online content provider. The investment included other strategic GCC individuals which were said in a statement.
“We’re delighted to have a high quality and specialized investor like North Base...
A recently launched venture capital platform, DisrupAD has set to launch $32.7M on a seed accelerator programme by teaming up with Flat6Labs. The platform is based on Abu Dhabi investment firm ADQ and the seed accelerator programme is set to invest and innovate the expansion of about 20 startups...
It was announced recently that there will be ‘One Million Entrepreneurs’, a campaign targeting potential talents and future entrepreneurs across Egypt, and the campaign is led by the Egyptian Ministry of Planning and Economic Development. The program is for all ages and groups across Egypt. It’s a fully online...
Moroccan MedTech platform DataPathology has been popular for providing remote pathology consultation has successfully managed to raise about $232K in their latest funding round. The funding round was led by WitamaxOne which is the investment firm that is jointly backed by Southbridge A&I and AXXAM Family Office.
DataPathology was founded...
The Abu Dhabi-based sovereign investor Mubadala has finally invested about $75M in 5-year pre-IPO convertible bonds of Telegram. Telegram is an open-source popular social media platform mainly known for its security-focused services over other popular social media.
The investment and partnership aimed at creating a new collaboration of opportunities between...
Egypt's Information Technology Institute (ITI) has joined forces with Google to dispatch the Machine Learning Developer, which hopes to qualify 30K programmers, college students, and software engineering graduates on Artificial Intelligence (AI) and Machine Learning backgrounds to make the team even greater. With literally a horde of APIs, Google...
JOI Gifts, the popular UAE-based and both MENA servicing online gifts marketplace has managed to successfully raise about $2.5M in their latest Series A funding round. This particular Series A funding round was led by Knuru Capital, the Dubai-based VC focused on FinTech and consumer marketplaces. The funding round...
