Funding

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...

BASMA.com secures $3M in its Series A round of funding

The UK-based, MENA focused, startup BASMA.com closed $3M in its Series A round of funding led by MEVP with the participation of SOSF, IM capital and returning investors iSME, Cedar Mundi Ventures and ...

CAPEX.com secures $21 million in a new funding round

The multi-licensed global broker CAPEX.com announced on Monday the closing of a new funding round, raising a total of $21 Million. This was achieved with the help of Growth Box Ventures https://growth...

Taajer secures a $32K Seed Investment

Taajer, a Bahrain-based E-commerce startup, has secured a $32K Seed investment from Flat6Labs Bahrain and Tamkeen. Taajer is a network-centric B2B trade platform uniting wholesalers and retailers unde...

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