Funding
Raya Foods secures $40 million from Helios Investment Partners
Raya Holding for Financial Investments has announced an investment of approximately $40 million in its portfolio company, Raya Foods, led by Helios Investment Partners, Africa’s largest investme...
Deeptech startup sallea raises $2.6M in pre-seed round
Deeptech startup sallea is announcing a $2.6M funding round to help manufacturers of cultivated foods accelerate the production of premium whole cuts like steaks and filets without the need for animal...
Abhi secures $15 Million in debt financing
Abhi, a leading fintech company driving financial inclusion for employees and SMEs throughout the MENAP region, has secured $15 million in debt financing led by Shorooq Partners and Amplify Growth Par...
In5 startup funding grows close to AED 8bln
Since its inception, funding raised by startups within TECOM Group entrepreneurship incubator in5 has crossed AED 7.8 billion, representing 163% growth over total funding raised as of 2023. This demon...
Octa raises $2.25mln to automate accounts receivable and empower SMEs
OCTA, a fintech startup focused on revolutionizing accounts receivable management for small and medium-sized enterprises (SMEs), announced the close of its $2.25 million USD pre-seed round. The round ...
Scoutr partner with AstroLabs to enter UAE market following Fundraise
Scoutr.ai, an innovative AI-driven recruitment automation platform, has entered the UAE market through a strategic partnership with AstroLabs following the successful raise of $500,000 in initial seed...
Web3 gaming startup PiP World secures $10million in seed funding
PiP World, a pioneering Web3 gaming and EdTech ecosystem, has secured $10 million in seed funding from Exinity, a leading global fintech firm to revolutionize financial education, transforming it into...
4Partners secures $3.6M to enter UAE and support expansion plans
4Partners, a Dubai-based dropshipping service, secures $3.6M in a funding round to enter the UAE market and support its regional growth and expansion plans. With this capital, the company aims to assi...
Saudi Arabia’s Ejari successfully closed the $14.65mn seed round
Ejari, the Saudi Arabian Rent Now, Pay Later (RNPL) platform, has achieved a significant milestone by successfully closing a $14.65mn seed financing round. This round was led by PFG and BECO Capital, ...