Funding
Social Media Monitoring startup secures US$1.1 m from regional VCs
Dubai based startup, Crowd Analyzer, a data intelligence provider and Arabic-focused social media monitoring platform, has received pre-Series A funding of US$1.1 million from a group of regional vent...
souKare.com raises funding for expansion
souKare.com, the Dubai-based lifestyle and healthcare tech startup, has announced it has successfully raised USD400,000 funding from a diverse set of well-established angel investors from UAE and KSA.
Bahrain Development Bank raises $100m for startups
Bahrain Development Bank (BDB) announces that the Al Waha Fund of Funds has successfully closed its US $100m fundraising round, making it the first active venture capital fund of funds in the region.
500 Startups to host Investor Day
Silicon-Valley based VC firm, 500 Startups, today announced that it is gearing up to host Investor Day, which marks the culmination of 500 Startups MENA Dojo Series A ‘growth acceleration’...
Intel Capital and NBA join hands to fund startups
Intel Capital and the NBA announced a sports and entertainment technology innovation collaboration called the “NBA + Intel Capital Emerging Technology Initiative.” to identify new technologies from gl...
Intel Capital pledges $72 million in dozen tech startups
Intel Capital, announced yesterday at the Intel Capital Global Summit new investments totaling $72 million in 12 technology startups. With this new funding, Intel Capital’s year-to-date investments ha...
Egypt-Based SWVL Raises $8 Million
Egypt based SWVL, the premium app-based mass transit system announced a US$ 8 million Series A led by regional venture fund BECO Capital, alongside Africa-based investor DiGAME Investment and global V...
AI startup SenseTime raises $600m
China based AI startup, SenseTime today announced that it has successfully raised US$600 million in its Series C round of funding by an investment group lead by Alibaba Group other participants such a...
Here’s How Sheraa Sharjah is Helping Young Entrepreneurs
The Sharjah Entrepreneurship Centre (Sheraa) which has been in the forefront of supporting start-ups and entrepreneurs build businesses that serve as engines for socio-economic development,