Funding
Sotelix Endoscopy raises $1.7 million in seed round
Sotelix Endoscopy, a medical device startup developing next-generation therapeutic endoscopy devices, announced the closing of a $1.7 million seed round financing. The investment will fund the company...
Wa’ed Ventures leads the $5 million investment in YNMO
Wa’ed Ventures announced leading the $5 million investment in YNMO, a Saudi company revolutionizing the educational and rehabilitative technology for children, including those with disabilities. The f...
Cassava Technologies secures $310 million in funding
Cassava Technologies has closed an equity investment round of $90 million with participation from U.S. International Development Finance Corporation (DFC), Finnish Fund for Industrial Cooperation (Fin...
Databricks raising $10B in Series J funding at $62B Valuation
Databricks announced its Series J funding to raise $10 billion of expected non-dilutive financing and has completed $8.6 billion to date. This funding values Databricks at $62 billion and is led by Th...
Klickl International secures $25 million in Series A
UAE-based Klickl International, a leader in Web3 banking services, has successfully closed its oversubscribed $25 million Series A funding round. This latest achievement brings Klickl’s valuation to $...
OmniOps secures $8 million from GMS Capital Ventures
OmniOps, the first Saudi Arabia-based AI Infrastructure Technology provider, announced the successful closure of a SAR 30 million (approx $8 million) funding round from GMS Capital Ventures. This stra...
Revibe raises US$7 million in Series A
UAE-founded Revibe, the leader in guarantee-backed refurbished tech, has marked another milestone, having recently closed its Series A of US$7 million in a round co-led by ISAI and Resonance, and feat...
LAAM raises $5.5mln to take South Asian fashion global
LAAM, a tech-enabled South Asian fashion marketplace serving global customers, announces a US$5.5 million seed funding round led by Dubai-based Disrupt.com and Zayn VC, with participation from Graph V...
BioSapien raises $5.5mln in pre-series a funding led by Global Ventures
BioSapien, the patented drug delivery platform treating cancer ‘locally’, announces its $5.5 million (20.2M AED) pre-Series A fundraise. The funding was led by Global Ventures – MENA’s leading VC firm...