News
RasMal closes its $4.8 million pre-series A round at LEAP
RasMal, the first cap table management and investment governance platform in MENA region, closes its Pre-Series A investment round led by Syndicate Element Holding Group (SHG), a leading investment fi...
Merak Capital and Huawei Cloud to support gaming startups in Saudi Arabia
Merak Capital, a leading technology-focused investment firm in KSA and Huawei Cloud have announced a strategic partnership to accelerate the development of Saudi Arabia’s gaming industry through...
Tabby raises $160 million in Series E at a $3.3 billion valuation
Tabby has raised $160 million in a Series E financing round at a $3.3 billion valuation, cementing Tabby as the most valuable fintech company in the region. The round was led by existing investors Blu...
Nigerian startup Raenest raises $11mln Series A funding
Raenest, the global multi-currency accounts platform for individuals and businesses across Africa, today announced the completion of its $11M Series A funding. The round was led by QED Investors, with...
Unipal closes Pre-Series A round to grow in Saudi Arabia
Unipal, the biggest youth benefits platform in the region, successfully raised its Pre-Series A investment round. The round was led by Plus VC with participation from Al Jazira Capital, RZM Investment...
AI71 offer developers to win $50,000 in compute power
AI71, a UAE-based AI venture specializing in enterprise productivity solutions, is offering $50,000 in compute power as part of a global Call for Proposals, inviting developers to submit impactful sol...
QDB, MAGNiTT launches Venture Investment Report 2024
Qatar Development Bank has released the fifth edition of its annual Venture Investment Report 2024 in collaboration with MAGNiTT Research. The publication is part of QDB’s ongoing commitment to suppor...
Alex Angels launches Investor Value Tracker to maximize investor returns
Alex Angels announced the launch of the Investor Value Tracker, a cutting-edge digital tool designed to provide members with a clear, real-time view of their investment performance, valuations, and ex...
Hub71 welcomes 27 startups for its latest cohort
Hub71 has welcomed 27 startups as part of Cohort 16 across Hub71’s three programs, Access, Hub71+ ClimateTech and Hub71+ Digital Assets. This new addition increases the total number of ventures suppor...