Funding

Saudi Jisr secures $30 million in Series A from Merak Capital

Jisr, the largest platform for digitising human resources operations in Saudi Arabia, has closed an investment round worth $30 million by Merak Capital. This marks the largest Series A investment roun...

Funding for UAE Tech startups dropped by 49%

Tracxn, a leading global SaaS-based market intelligence platform, has released its Geo Quarterly Report: UAE Tech – Q3 2023. The report, based on Tracxn’s extensive database, provides insights i...

Financial wellbeing startup Mintago raises $4.75m

Financial wellbeing startup Mintago has closed a $4.75 million funding round to further enhance its platform and accelerate its growth across the UK. Mintago, a Financial Conduct Authority (FCA)-regul...

Intella secures $3.4M in pre-series A funding round

Intella, a MENA-based deep tech company, has successfully closed a $3.4 million Pre-Series A funding round that was led by HALA Ventures and Wa’ed Ventures, the Kingdom-focused venture capital fund wh...

BILRS secures pre-seed investment from Haatch

BILRS, a dynamic and innovative startup specializing in cross-border bill payment solutions, announced that the company has secured a pre-seed investment from Haatch, a renowned venture capital firm w...

Cypherleak secures $750,000 in seed funding for global expansion

Cypherleak, a pioneering cyber risk monitoring and scoring startup, has closed a $750,000 seed round from investors based in Abu Dhabi, Morocco, and Qatar. This investment from entities including Maro...

Cato Networks raises $238M in equity investment

Cato Networks raised $238M in equity investment, bringing total funding to $773M. The largest financing round to date was led by LightSpeed Venture Partners with the participation of Adams Street Part...

Fanzword secures $1.2 million pre-seed funding led by XVC Tech

Fanzword, the Dubai-based Football Fan Engagement platform announced a game-changing partnership with XVC Tech, a $125 million fund specialising in early-stage Web3 start-ups. The partnership includes...

Zero Carbon Ventures raises $5 million

Zero Carbon today announced the closing of its seed investment round of $5 million. This coincides with the appointment of His Highness Sheikh Ahmed bin Mana bin Khalifa Al Maktoum as strategic invest...

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