News Inc.Arabia Staff UAE Tech Startup Funding Plunges 65% in 2023 To date, the number of investment rounds in 2023 has decreased by 21 percent when compared to the same period in 2022.
News Inc.Arabia Staff Jada Fund of Funds Invests in Iliad Partners Tech Ventures This will help make investments in early-stage technology companies across the MENA region, with a specific focus on Saudi Arabia.
Money Inc.Arabia Staff Trends by LuckyDodo Rasises $1 million Investment The investment will fuel Trends’ expansion, and broaden its data analytics capabilities.
Money Inc.Arabia Staff Last Week in Funding (11-17 December) Last week in funding is our weekly roundup of raises by startups in MENA and the GCC.
News Inc.Arabia Staff Tamara Raises $340 million in Series C Funding Saudi shopping and BNPL platform tops $1B valuation, achieves unicorn status.
Money Inc.Arabia Staff Dubai Insurance Invests in OneDegree Series B Round The Funding is part of the digital asset insurance partnership
Money Inc.Arabia Staff Chefaa Secures $5.25 Million The funding will help the Egypt based pharma delivery platform expand in Saudi Arabia.
News Inc.Arabia Staff Andalusia Labs Secures $48 Million in Series A Funding Positioning the company’s equity valuation worth of $1 billion.
Money Inc.Arabia Staff UAE’s Terra Raises $2 Million in Seed Funding The EV startup plans to improve its mobile application for riders and dashboard cloud-fleet management operators.
Money Inc.Arabia Staff Saudi Arabia’s Pd7 raises $1 million The investment is dedicated to expanding Pd7 across Saudi Arabia.
News Inc.Arabia Staff Last Week in Funding (4-10 December) Last week in funding is our weekly roundup of raises by startups in MENA and the GCC.
Money Inc.Arabia Staff Lendo Bags $28 Million in Series B Funding Round This Series B funding follows Lendo's previous successful fundraising rounds, including a SAR 27 million ($7.2 million) series A round.
Money Inc.Arabia Staff Blink Secures $2.1 Million in Seed Funding Round The latest injection of funding is poised to propel Blink's growth in Saudi Arabia.
Startup Inc.Arabia Staff Egypt’s Mtor Raises $2.8M Pre-seed Funds The Egyptian online auto parts marketplace will use the funds to expand their operations.
Startup Inc.Arabia Staff Omniful Raises $5.85 Million Seed Round The supply chain and e-commerce enablement startup, emerges from stealth with funding to expand in the Middle East, Africa, and India.
Money Inc.Arabia Staff Last Week in Funding (27 Nov - 3 Dec) Last week in funding is our weekly roundup of raises by startups in MENA and the GCC.
News Inc.Arabia Staff Palestinian Startup Oqoodi Wins at Tech the Justice Gap The company secures a prize of EUR 20,000 ($21,740).
News Inc.Arabia Staff Crypto Investment Platform Fasset Obtained License in Dubai Digital asset investment platform Fasset was granted an operational license from regulators in the UAE
Money Inc.Arabia Staff The 10 Best Business Movies of 2023, From 'Barbie' to 'BlackBerry.' These are the business stories we couldn't get enough of this year.
Startup Inc.Arabia Staff Tunisia’s Cynoia Secures $933K Funding Round 216 Capital leads the investment for the North African startup global expansion
Money Inc.Arabia Staff Last Week in Funding (20-26 November) Last week in funding is our weekly roundup of raises by startups in MENA and the GCC.
Sustainability Inc.Arabia Staff Dooda Solutions Receives $100,000 Grant from PepsiCo Around $250 million in funding was attracted to the MENA region's agritech sector in 2022.
Money Inc.Arabia Staff 216 Capital Ventures Leads Six-figure Investment in Winshot The funding will help Winshot grow its teams in France and Tunisia.
Startup Inc.Arabia Staff Kuwait's Raha Wraps Up Pre-Series A Funding Round The funding round was led by Soor Capital and PIF-backed private equity fund, eWTP Arabia Capital.
Money Inc.Arabia Staff Last Week In Funding (13-18 November) Last week, startups raised $18.16 million, with the UAE's last-mile delivery startup Wize leading the charge.
Technology Inc.Arabia Staff Abu Dhabi Launches $300 Million Wealthtech Firm Alpheya Lunate and BNY Mellon to launch a tailored wealth management technology platform in MENA.
News Inc.Arabia Staff Dubai Taxi Announces Start of Subscription Period for IPO Trading on the shares is expected to kick off on 7 December.
Innovate Inc.Arabia Staff Tech-Enabled Cloud Kitchen Fork N Knife Closes $800K Round Established in Egypt in 2022, Fork N Knife allows restaurants to open low-cost delivery-only locations.
Innovate Inc.Arabia Staff Three Wealthtech Startups in MENA That Make Trading Easier Baraka, Sarwa and Thndr are facilitating financial literacy and inclusion in MENA.
Money Inc.Arabia Staff Hex Trust Receives VASP License in Dubai Expanding crypto custodial services in the Middle East.
Money Inc.Arabia Staff Crypto.com Secures Dubai License for Virtual Assets Services The VASP license will extend a range of services to both retail and institutional investors in the market.
Technology Inc.Arabia Staff SC Ventures And SBI Holdings Launch Digital Asset JV in UAE The JV will invest in market infrastructure, risk and compliance tools, DeFi, tokenization, consumer payments, and the Metaverse.
Startup Inc.Arabia Staff Saudi Arabia-Based Khafy Secures $800,000 in Pre-seed Round Founded in 2022 by Badr Al-Arishi, Khafy helps companies improve their offerings with its mystery shopping service.
Startup Inc.Arabia Staff Egypt Edtech Akhdar Wraps Up 6-Figure Round From KSA's VMS The edtech has 2 mn app installs and 1.5 mn users from 174 countries.
Money Inc.Arabia Staff Last Week in Funding (6-12 Nov) Startups raised more than $162 mn across MENA and the GCC.