Funding
BluSmart secures $24 million in a Pre-Series B funding round
BluSmart successfully secured $24 million in a Pre-Series B funding round, which saw the participation of new investors comprising notable names, including responsAbility Investments AG, Sumant Sinh...
Yalla Plus raises $2.7 million in seed funding
Yalla Plus, a Riyadh-based startup, announced the successful closure of its seed investment round. The round raised $2.7 million, led by Merak Capital, with participation from Khwarizmi Ventures, Isom...
Saudi based Resal raises a $9 million in funding round
Resal, the leading Saudi company in digital cards, rewards solutions, and loyalty programs, announced the successful closure of a $9 million investment round. Participation came from Derayah Ventures ...
Indian startup HealthCRED secures $1.2 Million in seed funding
HealthCRED, India’s first B2B healthcare financing startup, announced today that it has raised USD 1.2 million in a seed funding round led by Antler India, TRTL VC, DeVC, iSeedVC and Angel List ...
Sustainable mobility startup, E Daddy secures $15 million
E Daddy, an innovative solution for sustainable urban mobility, is set to transform the UAE’s electric vehicle landscape with its headquarters in Dubai. As the first company to proudly manufactu...
UAE-based fintech Yuze raises $30 million investment
In a significant move for the fintech landscape in the United Arab Emirates, the UAE-based startup Yuze has successfully raised $30 million in a recent investment round led by Osten Investments.
Egyptian fintech Lucky ONE raises $3 million
Lucky ONE, a Cairo-based consumer credit fintech, has successfully secured $3 million in a convertible note to help the company achieve profitability by the first quarter of 2025. The investment round...
South African startup Open Access Energy secures $750,000
Open Access Energy (OAE), a South African startup specialising in energy management software, has significantly boosted its operations. The company successfully raised $750,000 from Factor E Ventures,...
Tether invests $3 million in Kuwaiti fintech Kem
Kem, the fastest-growing P2P payment app in Kuwait, has received a $3 million investment from Tether, the largest company in the digital asset industry. This landmark deal is set to improve regional a...