Funding
Salaryo raises $5.8 million in funding to support COVID effected SMEs
Salaryo, has raised a total of $5.8 million in funding from Dubai-based private equity fund KEN Investments, Variant Investments, Techstars Ventures and Michael Ullmann’s investment group, bringing it...
Verloop.io raises $5 million as a part of its Series A
Verloop.io, the world’s leading customer support automation platform, has raised $5 million as a part of its Series A led by Alpha Wave Incubation (backed by ADQ and managed by Falcon Edge Capital) al...
Saudi Arabia’s Pi Flow successfully raises funds
Pi Flow, the digital outsourced accounting company that offers bookkeeping services to startups and SMEs announced that it has successfully raised funds by a group of angel investors along with Saudi ...
Abu Dhabi Investment Office and ADQ to further invest in the start-ups
The Abu Dhabi Investment Office (ADIO) and ADQ today announced a new collaboration to further strengthen Abu Dhabi’s digital economy and start-up ecosystem, including transferring the Ventures Fund, a...
eyewa gets pre-series B bridge funding from Nuwa Capital
eyewa, the largest eyewear e-commerce retailer in the GCC today announced that Nuwa Capital has joined Wamda Capital and EQ2 Ventures in the company’s pre-Series B bridge round taking the total ...
Dubai based cloud kitchen platform, iKcon raise $5 million
iKcon, the Dubai based cloud kitchen platform, has successfully secured $10 million of funding since inception, including a recently closed pre-series A round of $5 million led by Arzan VC, AlTouq Gro...
Sheraa and CE-Ventures disburse AED 700,000 in equity-free grants to 11 startups
Sharjah Entrepreneurship Center (Sheraa) and CE-Ventures have disbursed more than AED 700,000 in equity-free grants to 11 startups, offering them a lifeline to ensure they remain afloat as they naviga...
Egyptian Fintech, ElGameya secures six-figure Pre-Seed funding
Egyptian Fintech, ElGameya, secured a six-figure investment in a Pre-Seed funding led by AUC Angels, to support its growth plans in the ever-growing peer-to-peer lending space.
Dubai-based startup Conektr raises $800K Pre-Series A funding round
Conektr, a Dubai-based digital lower trade, groceries, and HORECA marketplace platform has raised AED 3M ($800K) in a dual-tranche Pre-Series A round from Auris Investments, an investment vehicle co-s...