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...
Remotebase, a firm that builds connection with US companies and high-performing engineering teams, has raised a Seed funding round to the tune of $1.4M. Â The startup has its operations in Silicon Valley and Pakistan.
Indus Valley Capital led the round, together with participation from many global investors such as Hustle...
It was announced in a statement today that the popular Kuwait-based online flowers and gifting platform Floward have managed to raise $27.5M in a Series B round. The round was led by STV and that’s not all. Impact 46 also joined the round alongside as well. As of now,...
OTO, the Saudi-based Shipping management software and delivery platform that they’ve managed to successfully raise $3M in their latest seed funding round. The funding round was led by Middle East Venture Partners (MEVP) and Derayah Capital.
OTO was founded by CEO Mohammad Al-Razaz and CTO Furkan Uzar. And it has...
Pakistan’s popular logistic ad fintech startup PostEx has managed to finally raise about $1.5M in a seed round. This particular seed round was led by MSA Capital. The deal was also joined by Shorooq Partners, Zayn Capital, VentureSouq, PNO Ventures, +92 Ventures, and Arbisoft’s CEO Yasser Bashir.
PostEx was founded...
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...
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...
Start-ups can be defined as companies or businesses that focus on one single product or service with the hopes of introducing it to the market. A start-up can be individually owned, or two or more investors can be its founder.
The greatest challenge that most start-up businesses face is finding investors willing to...
It was announced by Doctori, the popular Bahrain-based HealthTech startup that it has gotten a $500K Seed financing round, and the round was led by various undisclosed financial backers. The platform was established back in 2018 by Ahmed Alawadhi and Ahmed Mahmood and since then, it has been one...
The AFD also known as the French Agency for Development has managed to secure roughly about EUR 50 million which is roughly a $58.7M credit line for MSMEDA also known as Micro, Small, and Medium Enterprises Development Agency. Their aim is to promote women’s entrepreneurship across Egypt and that’s...
