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...
ISSF aka The Innovative Startups and SMEs Fund from Jordan is known mostly for making strategic investments in startups. They also invest in early-stage largely innovative SMEs as well. ISSF has recently announced a direct investment of $150K in a Jordan-based startup Decapolis. The startup provides feature-rich solutions for...
The Jordanian vehicle history announcing platform CarSeer has announced raising a six-figure Seed round from Arzan Venture Capital and more to be said.
The platform was founded back in 2015 by Hashim Hasan and Amjad Al-Zabin. The platform gives help with the appraisal of pre-owned vehicles determined to ensure everyone...
It was announced today that Kitopi, the popular cloud kitchen startup from Dubai has managed to raise about $415M in a Series C round. The round was led by SoftBank’s Vision Fund 2. The round is notably one of the biggest financing rounds led by a venture-back company in...
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...
It was announced by the Innovative Startups and SMEs Fund (ISSF) and Dutch Good Growth Fund (DGGF) have set up their obligation to secure the launch of Amam Ventures, which is Jordan’s first SME gender lens fund.
Amam Ventures is an investment group that is aimed at making impact investments...
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...
DUBAI, UAE – Ruya, the pioneering digital Islamic bank, and Ignyte, the government-backed startup ecosystem, have officially forged a strategic partnership. This collaboration aims to accelerate innovation across the UAE by integrating Ruya’s Shari’ah-compliant digital banking expertise with Ignyte’s comprehensive support for entrepreneurs.
The UAE continues to lead the MENA...
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...
It was announced recently that one of the most popular and leading accelerators, Flat6Labs has finally expanded to Jordan with their launch of a $20M seed fund. The providing fund which is Jordan Seed Fund has effectively completed the first close of $7.4M from the International Finance Corporation (IFC),...
