Funding

eyewa raises USD$21 million in its latest Series B funding

eyewa today announced its latest Series B funding round of USD $21 million. The round, which was co-led by Kingsway and Nuwa Capital, with participation from French Partners, Endeavor Catalyst, Deraya...

Alma Health receives funding from the Hambro Perks’ Oryx Fund

Alma Health, an Abu Dhabi-based healthcare startup has announced it has received funding from the Hambro Perks’ Oryx Fund, a dedicated venture fund backing early-stage startups across the Middle...

Tabby secures $50 million in debt financing from Partners for Growth

Tabby has secured $50 million in debt financing from Partners for Growth (PFG), the largest such facility raised by a fintech company in the Mena region. The financing represents a significant milesto...

Trella secures $42 million funding

Trella has announced the successful completion of a $42 million funding round, comprising $30 million new equity and $12 million debt facilities. The equity element was led by Maersk Growth – th...

EDB signs an MoU with NBQ to facilitate strategic financing options for SMEs in the UAE

The Emirates Development Bank [EDB] has signed a Memorandum of Understanding [MoU] with National Bank of Umm Al Qaiwain [NBQ] to facilitate strategic financing options for SMEs in the UAE.

Cyber security startup, Hive Pro raises $3 million

Cyber security startup, Hive Pro, creator of Predictive Vulnerability Analytics (PVA) today announced that it has successfully raised $3 million in seed funding led by Simpra Holdings.

EDB joins hands with Beehive to expand funding options for the SMEs

Emirates Development Bank [EDB] today announced that it has signed an agreement with Beehive to expand funding options for the Small and Medium-sized Enterprises (SMEs).

The Luxury Closet secures a $14 million equity capital

The Luxury Closet has announced it has secured a $14 million equity capital raise in a round led by GMP Investments, with participation from regional and international investors including HB Investmen...

Wa’ed to launch the Wa’ed Entrepreneurship Roadshow to find and fund a new generation of Saudi entrepreneurs

Wa’ed, the entrepreneurship arm of Aramco, today launched a national search to find and fund a new generation of Saudi entrepreneurs at a series of high-profile roadshow events to be held in six citie...