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Startup

Startup refers to new companies seeking to disrupt or innovate an industry using digital and technology.

Jahez
Jahez International, a leading Saudi-based food delivery and logistics platform, has announced a landmark agreement to acquire a 76.56% stake in Qatar's Snoonu for a staggering $245 million (SR 919 million). This strategic move, disclosed on the Saudi stock exchange, marks a significant consolidation in the GCC's rapidly evolving...
Tag Card logo
Tag, the Pakistan-based Fintech and digital payment solution provider has announced its successful management of raising more than $12M in its latest funding round. This particular funding round was closed in a swift 2 weeks and that’s not all. It also was joined by Liberty City Ventures Canaan Partners,...
QUANTUM Logo
One of the most popular ways marketers gain customers is by letting them test their products first. And that is done by giving them a sample product for them to test first and admire. And it’s still one of the most used methods to understand what their target consumers...
AI food security article
Dubai, UAE – The Food and Beverage (F&B) industry across the Middle East and North Africa (MENA) region is experiencing an unprecedented digital revolution, with food tech emerging as a pivotal force. This technological transformation is empowering restaurants to achieve new heights of efficiency, sustainability, and profitability in a...
Capiter logo
Capiter, the popular Cairo-based eCommerce marketplace has managed to raise about $33M in a Series A funding round. The series A funding round was co-led by Quota Capital and MSA Capital. The deal had the participation of Saudi-based FMCG and retailer conglomerate Savola, Shorooq Partners, Foundation Ventures, Accion Venture...
Sheikh receiving corona virus vaccine
Beginning a start-up company presents challenges, even in normal circumstances, but in 2020, and now in 2021, start-ups across the globe are suffering financially due to the effects of the Covid-19 pandemic. Within the UAE, many small businesses have already folded, have been put on hold or are struggling to...
spendwisor logo
The Licorne Gulf-advised fintech company Spendwisor of their investment commitment from GEM Global Yield LLC SCS. The investment was roughly $50M from GGY which is a Luxembourg-based private alternative investment group worth $3.4B. With this facility, Spendwisor plans on tapping the full potential of the growing fintech market in...
Stripe logo
The global payment company Stripe finally executed their expansion in the Middle East and was announced very recently. They’ve officially launched their platform in the UAE with their first office opening in the Dubai Internet City. The private beta of the company was already launched a couple of months...
dKilo logo
The company announced that the goal of this investment, which is a mix of equity and financing, is boosting the Saudi market's home advertising. dKilo, an ad tech startup that is located in Egypt, during the Leap 2024 conference in Riyadh, made a public statement to inform that the company...
Skipcash logo
The popular Qatar-based mobile wallet platform, SkipCash has drawn one stage nearer towards its grandiose objective to turn into the most popular and used mobile application on the Peninsula, subsequent to uncovering that it has raised around $2M which is roughly QAR 7M in a seed round led from...