Funding
Mamo raises $8 million in its Pre-Series A funding round
Mamo, a Dubai-based fintech, digital wallet and payments platform, raises $8 million in its latest Pre-Series A funding round. The round was led by Global Ventures, along with the participation of 4DX...
Foloosi raises $2 Million in Pre-Series A round of funding
Foloosi is establishing itself as an online payment enabler in the UAE, empowering SMEs to track, automate, and accelerate every aspect of sales and purchased transactions through a single platform.
Foloosi raises $2 million in pre-Series A funding
Foloosi has raised $2 million new Pre-Series A round of funding led by angel investors from Abu Dhabi. The company is establishing itself as an online payment enabler in the UAE, empowering SMEs to tr...
Derq finalizes $500,000 investment from Wadi Makkah Ventures
Derq has finalized a $500,000 investment from Wadi Makkah Ventures as part of a pre-Series A round that included several other leading global tech investors. The investment, made in December 2020, bri...
Saudi-based B2B marketplace, Sary raises $30.5 million
Sary, the Saudi-based B2B marketplace that connects small businesses with a network of wholesalers and manufacturing brands via mobile and web applications, has raised a $30.5 million Series B round l...
Retailo successfully raises $6.7 million in seed round
Only nine months into operations, Retailo has successfully closed a $6.7 million seed investment round, the largest seed capital raised by a Saudi startup. This brings the total investments raised by ...
Protect4less raises $1 million in pre-Series A
Protect4less, a UAE-based insuretech startup that provides users of smartphones and other electronic devices including laptops, PCs, tablets, accessories and home appliances coverage, has closed a $1m...
SmartCrowd signs a first of its kind deal leveraging Tezos blockchain platform
SmartCrowd has signed a first-of-its-kind deal for MENA, leveraging the open-source Tezos blockchain platform. SmartCrowd, will empower people to crowdfund investment in real estate using blockchain t...
Vectra AI raises $130 million of funding led by Blackstone Growth
Vectra AI has announced a $130 million round of funding led by funds managed by Blackstone Growth. The investment will help fuel Vectra’s continued growth through platform innovation and expansion int...