It was announced by the popular Jordanian AI-driven platform Algebra Intelligence of the closing of a $310K Pre-Seed financing round. The platform is most popular for monitoring energy solutions and the startup was a great success. The financing round was led by Oasis500.
The platform was founded by Mr. Ahmad...
Fintech NymCard which has its headquarters in Abu Dhabi, announced in a statement that it has launched an Open API platform for issuing and processing of payment cards.
The announcement is coming on the heels of NymCard’s $7.6 million Series A which the company had raised the previous month. The...
Sawari Ventures has closed their startups in their Egyptian-focused fund with about new commitments of $28M which roughly 440M in EGP. The commitments were from Kuwait Investment Authority’s Ekuity, Banque Misr, Suez Canal Bank, Misr Insurance Group, National Bank of Egypt, and Banque du Caire. In the previous round,...
It was announced that the UAE-based Edtech and Fintech startup Cashee has managed to raise about $1M in a Pre-seed funding round. The startup offers a digital platform along with providing prepaid cards to teens and kids that have a lot of useful features. It includes access for parents...
FII Institute, a Saudi-based investing giant has announced their investment of $500K in Paris-based space technology startup Interstellar Lab. The investment was done as part of their inclusive mission to provide the empowering the most eligible and brightest minds in leveraging scientific innovation for a better future.
The financial equity...
The popular freight marketplace from Lahore, BridgeLinx has managed to raise $10M. And it’s the country’s largest seed round to date and that’s not all. This regional largest seed round was led by Harry Stebbings’ 20 VC, Josh Buckley’s Buckley Ventures, and Indus Valley Capital. The seed round deal...
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...
Ghana's Startup Cafe Africa has dispatched an accelerator program to help African new businesses in developing their organizations and to furnish them with the tools they need for the African market. Upheld by iSpace, HatuaTech, Tribe Capital, GhLondoners organization, InvestPro, and HatuaOnPoint, the accelerator plans to furnish candidates showing...
The corporate funding foundation of UAE-based Crescent Enterprises, CE-Ventures has promised to pretty much increase its VC interests in new companies to reach $272M by next year and that’s not all. CE-Ventures has put more than $136M out of 32 new businesses and VC assets across the MENA locale,...
Bridge for Billions is set to launch their new innovative healthcare service Al Borg MedTech Accelerator by teaming up with Al Borg Medical Laboratories, Jadara Ventures, and Elaj Group. Bridge for Billions has been one of the biggest and most popular networks for entrepreneurship throughout the years and they’ve...
