AlgoDriven, the UAE-based automotive data platform that has successfully managed to raise about $2M in its latest Series A funding round. The funding round was led by Global Ventures, the Dubai-based international VC, and recorded participation from Automotive Ventures, an Atlanta-based venture capital firm making their first international investment,...
The popular stock analysis platform from Saudi Arabia, National Building and Marketing aka NBM has gained a 9% stake in DIGGIPACKS and that's not all. DIGGIPACKS is a Delivery and Logistics startup situated in the Kingdom and operates there as well. The gets return off of a new $400K...
USA-based REEF Technology Inc. of their acquirement of the popular UAE-based KaaS and cloud kitchen operator, iKcon. REEF is a leading operator of delivery kitchens, logistics, and proximity hubs in North America, marking their debut into the MENA region and that’s not all.
iKcon was founded back in 2019 and...
Cairo-based furniture eCommerce commercial center Homzmart has brought $15 million up in a Series A drove by MSA Capital and Nuwa Capital, it reported in an articulation today. The round additionally incorporated the interest of the Rise Capital, Impact46, EQ2 Ventures, and Outliers Venture Capital. It had recently brought...
The Jordanian start-up scene has both regional and international recognition. The ecosystem is mostly shaped by young entrepreneurs in the ICT sector with prominent accelerators like Changelabs and IBDA3. Jordan is one of the key players in MENA’s Information and Communication Technology(ICT) forum. Jordanian start-up ecosystem aims to bring brilliant ideas of domestic...
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...
Knuru Capital, a Venture Capital firm based in Dubai, has signed an agreement to handle a venture portfolio in its early-stage from an investment vehicle - DP Ventures Holdings - set up by Delta Partners senior executives to invest in technology companies in early-stages around the world.
The portfolio which...
It was announced that UAE-headquartered popular IoT startup iWire has managed to raise a $34M Series A funding round. The round was led by Noor Capital and was joined by Bpifrance. The startup has been building country-wide communication networks to improve and power a huge number of IoT solutions...
The popular Robo-advisor fintech startup StashAway has recently brought $25M up in its Series D financing round and that’s not all. The round was led by one of the most popular and leading funding firms, Sequoia Capital India. StashAway is a Singapore-based advanced wealth managing platform that conveys customized...
A start-up based in UAE, XPLOR, which seeks to bring about massive change in the real estate and construction industries in MENA, has raised $3 million from Ayana Holding in a seed funding round.
The start-up was founded in 2015. It is a digital twin, 3D tech, and master planning tool which...
