Funding
Intel to invest US$117 million in 14 new tech startups
Intel Capital, announced new investments totaling $117 million in 14 disruptive technology startups at the Intel Capital Global Summit. The companies will be joining Intel Capital’s portfolio are crea...
Badir-incubated Biotech startups raised $10 million
The Saudi biotech startups incubated by BADIR Biotechnology Incubator, under the Badir Program, set up by King Abdul Aziz City for Science and Technology (KACST), has successfully raised close to SR38...
Delivery Hero to acquire Zomato’s UAE food delivery business
Leading global online food ordering and delivery marketplaces, Delivery Hero Group entered into an agreement with Zomato to buy its food delivery business in UAE through Delivery Hero’s fully owned su...
Golden Scent receives second round of investments
Golden Scent, the leading Saudi e-commerce beauty platform, announced the closing of a new round of investments from its current funders within a record 12-month period. The company attributes this ne...
Faith Capital funds $8 m to JustClean
Faith Capital announced today the recent close of a $8 m Series A round of financing in JustClean, a Kuwaiti laundry technology startup, in order to expand ongoing GCC marketplace operations, in addit...
yallacompare raises $8 Million
yallacompare, announced that it has managed to raise $8 million from existing VC partners and one new significant investor in their latest funding round. Since launching the region’s first insur...
DIFC’s FinTech Hive join hands with Innovate Finance
Dubai International Financial Centre (DIFC) joined hands together with UK based Innovate Finance as Arif Amiri, Chief Executive Officer at DIFC Authority signed the MOU with Natalie Ceeney, CBE, Chair...
Egyptian pet care startup, VetCode raises seed funding
Cairo-based pet care startup, VetCode announced that it has been able to raise seed funding from Pmaestro, a Cairo-based technology company that helps startups with consultancy services in different a...
Kenyan solar startup SunCulture raises funds
Kenya startup success story, SunCulture added yet another chapter in its book as it closed an investment round with the EDF Group to raise money to expand its operations. EDF joins SunCulture’s existi...