Funding
Saudi based startup Red Sea Farms raises $10 million
Saudi Arabia based AgTech startup, Red Sea Farms today announced that it has been able to raise $10 million investment today a group of leading Saudi and UAE investors. The startup has developed one-o...
Boksha secures $1 million in seed round
Boksha, an Emirati founded tech start-up, has secured $1 million from a group of investors, which includes Sandooq Al Watan and family offices.
MoneyHash completes its pre-seed round to launch its services across MEA
MoneyHash, an Egyptian US-based fintech startup that uses a universal API and a unified checkout experience to help businesses consolidate and grow their payments and financial tech stack across Afric...
Opontia raises $20M in seed funding
Opontia, a Dubai and Riyadh-based startup that acquires and grows e-commerce brands has raised $20M in seed funding, one of the largest seed rounds in the Middle East and Africa region.
TIER secures $60m of asset-backed financing from Goldman Sachs
TIER has recently secured $60m (AED220 million) of asset-backed financing from Goldman Sachs. The debt facility from the leading investment banking, securities and investment management firm is the fi...
VentureSouq participates in the Series A round funding of Tajir
Tajir, a Lahore-based B2B E-commerce marketplace has raised a $17M Series A round, led by American VC firm Kleiner Perkins, with participation from Y Combinator Continuity Fund, AAVCF, Fatima Gobi Ven...
Pawame secures US$1.7 mil series A funding
Pawame has announced that it has successfully secured US$1.7 mil in grant commitments, plus US$750k in equity including $250k from Launch Africa. The company has also announced that it is now launchin...
Urban Company values at $2.1 billion with Series F funding of $255 million
Urban Company has raised Series F funding of USD 255 million led by Prosus Ventures, Dragoneer and Wellington Management, with participation from Vy Capital, Tiger Global and Steadview. With this late...
Wa’ed invests $500,000 in FalconViz
The entrepreneurship arm of Saudi Aramco has invested a further $500,000 in a Saudi drone operator to help scale its operations to expand overseas, it was announced on Wednesday.