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...
The UAE-based healthcare platform Smileneo has raised about $2 million in a seed round. The round is one of the biggest seed rounds that was raised in the MENA region by any teeth-straightening direct-to-consumer business. The round also included a lot of different anchor investments from several leading international...
The global payment company Stripe finally executed their expansion in the Middle East and was announced very recently. They’ve officially launched their platform in the UAE with their first office opening in the Dubai Internet City. The private beta of the company was already launched a couple of months...
Biware, the popular data management startup from Tunisia has announced that they’ve successfully managed to raise about $1.2M from CDC Gestion and Zitouna Capital.
Biware works by providing technological SMB that supports other companies to use their data for strategic purposes and that’s not all. The purposes include increasing revenues,...
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...
Vogacloset is an online retail platform specializing in fashion, based in the UK. What sets them apart from other platforms is that their main area of catering is for the Middle East. They have recently been acquired by Alhokair, a franchise retail company in Saudi Arabia. The venture is a...
Getir has become one of the most valued grocery delivery apps right now that has achieved unicorn status. Headquartered in Istanbul, this ultra fast grocery delivery platform already tripled its valuation to $2.6B in less than 2 months. Co-led by Tiger Global and Sequoia Capital, their valuation was increased...
Abu Dhabi announced that they’d be reducing business setup fees for the private sector. The decision was also made of license renewal fees to DHS 1K. This new fee policy will be effective from July 27, 21. And the entire reduction of the fee is over 90 percent less...
Last March, while cities around the world went into lock down, most companies were forced to close their doors and forego revenue for a few weeks. Given that restaurant owners collaborated with food aggregators to power the on-demand food economy, you'd think they'd have an easier time. You'd be...
Gazal was founded and established back in 2020 with a goal to help innovate, improve and redesign the entire future of transportation in GCC and the KSA region. Their aim is to use it for short-distance travel and innovate the use of sustainable and healthier alternatives for the transportation...
