Funding
Hub71 joins forces with Modus Capital to launch Ventures Lab
Hub71has joined forces with New York-born Modus Capital, a venture capital and venture builder firm to launch Ventures Lab. The venture builder will enable early-stage founders from around the world t...
Mama ME receives seed funding from Flat6Labs in Bahrain
Mama ME, a UAE-based social impact app for moms to connect, has received seed funding from Flat6Labs in Bahrain. The women-only platform supports pregnant women and mums to find like-minded women near...
Nuwa Capital invests in Valeo Wellbeing
Nuwa Capital has announced that it has invested in UAE-based wellness-tech startup Valeo Wellbeing (Valeo). Other investors in the $3M seed round include Global Founders Capital, Global Ventures, and ...
GrocerApp raises $5.2 million in Series-A round
Pakistan’s leading online grocery delivery platform, GrocerApp, has successfully raised $5.2 million in a Series-A round from leading institutional and angel investors.
Singapore based VMC announces expansion plans in the MENA region
Singapore-based media investment holding company Vistas Media Capital (VMC) today announces its expansion plans in the Middle East region across the media and entertainment sector and investment manag...
Nexford University completes $10.8 million Pre-Series A funding round
Nexford University announces the successful completion of a $10.8 million Pre-Series A funding round. Thecapital raise was led by Global Ventures, the UAE-based venture capital firm. Participating inv...
Trukkin secures 26 million SAR in its Series A round
The logistics and supply chain startup Trukkin has secured an investment round of 26 Million SAR for it’s Series A round. The round was led by Saudi based Emkan Capital with the participation from Imp...
Emirates Development Bank signs a MoU with RAKBANK
Emirates Development Bank [EDB] has entered into a Memorandum of Understanding [MoU] with RAKBANK on Credit Guarantee and Co-lending programs for SMEs in the UAE.
Ziina secures $7.5 million in its latest funding round
Ziina, the UAE’s first Peer-to-Peer (P2P) payment application, which is backed by Y-Combinator (YC), announced its latest funding round of $7.5 million. The round which closed in May 2021 will help th...