The popular food delivery platform Grubtech has teamed up with Foodics to give the clients with admittance to Foodics' high-level point of sale (POS), an association that will coordinate 7k restaurants served by Foodics with a small bunch of food aggregators including Careem, Talabat, and Jahez. As a business-to-business...
A recently launched venture capital platform, DisrupAD has set to launch $32.7M on a seed accelerator programme by teaming up with Flat6Labs. The platform is based on Abu Dhabi investment firm ADQ and the seed accelerator programme is set to invest and innovate the expansion of about 20 startups...
Starting a company is an exciting time and for those in UAE, the chance to have your own start-up is remarkably high. Hundreds of start-ups are started each year in the Emirates. UAE actually leads Singapore, Norway, Japan, Sweden, Germany, and New Zealand in how many start-ups find life...
Mamo, a Dubai-based Fintech and digital financial platform with different innovative features have brought $8M up in a Pre-Series A financing round. The round was led by Global Ventures, with interest from 4DX Ventures, AlRajhi Partners, Olive Tree Capital, and noticeable Fintech-centered Silicon Valley financial backers and that’s not...
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...
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...
It was announced that Arrow Labs, a popular Dubai-based software startup has managed to raise $5M in Series A from Tim Draper’s Draper Associate. There were participation in the round by Global Ventures and B&Y Ventures. The investment is notably the first investment ever made in the Middle East...
Walee, the popular influencer marketing platform from Islamabad has managed to raise about $2.7M in a seed funding round and that’s not all. The round was from a Pakistani communications company Z2C and they are strictly into public relations, advertising, commerce along with technological advancements as well. However he...
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),...
Artificial Intelligence (AI) is rapidly becoming one of the dominant forms of technology in the world. So it shouldn’t come as a massive surprise that Hazen.ai, a company which specializes in creating intelligent traffic technology which utilizes AI to improve safety on the roads has gotten more investment in...
