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...
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,...
It is always sad to see whole families forced to leave their houses and roots to strange lands due to wars and disasters. Yet, despite the obvious hardships and upheaval that comes with being a refugee, some have overcome the challenges of their situations and have created platforms, structures...
The Abu Dhabi-based sovereign investor Mubadala has finally invested about $75M in 5-year pre-IPO convertible bonds of Telegram. Telegram is an open-source popular social media platform mainly known for its security-focused services over other popular social media.
The investment and partnership aimed at creating a new collaboration of opportunities between...
RentUp, a PropTech startup in Egypt, has raised a Pre-Seed funding round in six-figures from Luqman Weise Capital, a Japanese private equity firm that specializes in Fintech innovation and technology development.
RentUp is a property rental platform founded last year that makes use of AI-powered technology that allows homeowners to...
A traceability and automation platform, Verofax Limited, led by Trove Capital UK, has in a Seed funding round secured $1.2million. Other investors include Kepler Fund Managers, MFD Holding, and Casablanca Holding.
This funding is simultaneous with the porting of the platform of Verofax on Microsoft Cloud and its current expansion in...
Google today announced a significant expansion of its digital payment ecosystem, with the official launch of Google Pay in Lebanon and Oman. This strategic move underscores Google's commitment to enhancing access to secure and convenient digital payment tools across the Middle East and North Africa (MENA) region. The service...
A tech start-up based in Riyadh, Azom, which designs, develops, and sells computer software and electronics, has raised a Series A funding round worth $9.5M (36M Saudi riyal), from Assr AlJawal and an anonymous individual investor.
Azom was established to develop and provide electronics and technologies such as phones and other...
Multiply-Group which is an Abu Dhabi-based International Holding Company’s subsidiary is set to launch a new joint venture with Firefly. Firefly is a US ride-share advertising startup and it’s popular for dynamic advertising. The new project on this joint venture will be based in Abu Dhabi along with bringing...
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...
