Funding
Monstarlab to invest $10 million in the MENA region
Monstarlab has announced it will invest ten million US dollars in the Middle East and North Africa (MENA) region over the next five years. The investment comes as part of a continued commitment to the...
Esper announces $30 Million in Series B Funding
Esper, the industry’s leading DevOps platform for devices, today announced $30 million in Series B funding led by Scale Venture Partners, with participation from existing investors including Madrona V...
New digital crowdfunding platform, Dubai Next launched
Dubai Crown Prince and Chairman of The Executive Council of Dubai His Highness Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum launched the ‘Dubai Next,’ an integrated digital crowdfunding platform t...
Homzmart closes US$15 million Series A financing
Homzmart successfully closed its US$15 million Series A financing – the largest round in this sector in the Middle East to date.
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...