Funding
Dubai start-up Zbooni raises $5million in ‘Series A’ funding
Zbooni, MENA’s leading digital enabler for SMEs, has announced it has raised $5million in ‘Series A’ funding. The investment, led by a London-based fund, will be used to expand the Zbooni team across ...
500 Startups appoints SHUAA Capital as its advisor for 500 Falcons I Fund
500 Startups, announced today the appointment of SHUAA Capital, represented by Jassim Alseddiqi, as Advisor to its Falcons I fund in MENA (500 Falcons, L.P.). SHUAA will focus its support on advising ...
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...