Funding

Plain Tiger secures investments from AngelSpark

UAE-based B2B marketplace Plain Tige has secured investment from AngelSpark in a $1.5 million Seed round. The new investment aims to expand into Saudi Arabia and accelerate hotels’ transition to net-z...

Merit secures $12 million in pre-series B funding round

Merit has reported oversubscription in its latest funding round, drawing $12 million against a goal of $5 million in its pre-Series B effort led by Alistithmar Capital i-Cap and followed by existing S...

UAE-based Rent Now, Pay Later startup, Keyper raises $34 million

Leading UAE Proptech startup Keyper announces a pre-series A capital raise of $4 million in equity and $30 million in Shariah-compliant Sukuk financing.

WekaIO raises $140 million in Series E

WekaIO, an AI-native data platform company, has raised $140 million in an oversubscribed Series E funding round led by Valor Equity Partners. The round consisted of a combined primary and secondary tr...

Egyptian fintech startup MNZL raises $3.5 million

Egyptian fintech startup MNZL has raised $3.5 million to enhance its technology and scale up its operations to transform the lending landscape in Egypt and across the MEA region.

Emirati startup Lune raises $1.5 million in seed to fuel its expansion

Lune, a leading  Emirati Financial Data Analytics company, has successfully concluded a seed funding round of $1.5 million to fuel its expansion in the MENA region and solidify its position as a leade...

Australian clean tech startup Hysata raises USD111.3 million in Series B

Australian clean tech startup Hysata announced that it had raised USD111.3 million in a Series B funding round led by bp Ventures and Templewater with strong backing from existing major strategic and ...

Dendra Systems secures $15.76mln in Series B funding

Dendra Systems, a leader in technology-driven ecological restoration, announced the successful closure of its Series B funding round, raising $15.76 million (£12.5 million) to accelerate its mission o...

Dubai-based edtech platform SecureMyScholarship secures $550,000

Dubai-based edtech platform SecureMyScholarship recently secured $550,000 in bridge funding, pushing its valuation to $6 million. The majority of the funding will be used to ramp up product developmen...

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