Funding

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,

Saudi E-commerce Beauty Platform Golden Scent Announces Expansion Plans

Golden Scent, the leading Saudi E-commerce Beauty Platform, has announced expansion plans after a successful December 2017 Series A funding round.

ODeX Receives Strategic Investment From Invoice Bazaar

Invoice Bazaar, a FinTech Supply Chain Finance platform with presence across Asia has announced an undisclosed investment in online document exchange platform ODeX. ODeX, a one stop solution provider ...

MEVP Capital is Granted an Asset Management License by the DFSA

MEVP Capital, a member of the Middle East Venture Partners (MEVP) Group, announced that it has received its Category 3C license from the Dubai Financial Services Authority (DFSA) to operate as a DFSA ...

Customer Support Firm UJET Raises $25M in Series-B Funding

UJET, a San Francisco-based provider of customer and business support solutions, announced today it closed a $25 million Series B round.

Homebrew Raises $90M in Funding

According to a blog post, San Francisco-based seed stage venture capital firm Homebrew raised $90m for its third early-stage fund. 

Grocery Delivery Startup Instacart Raises $200M in Funding

Grocery delivery service Instacart has raised $200 million in fresh funding, the company said on Monday, boosting its valuation and providing new resources for the startup to compete against heavyweig...

Mondo Ride Secure $2 Million in Seed Funding

Mondo Ride, Africa’s leading ride hailing mobile app platform, has closed a second financing round of $2 million, bringing the total seed investment to $5m.