Funding
Tamara secure $150 million in debt financing from Goldman Sachs
Tamara, the leading shopping and payments platform in Saudi Arabia and the wider GCC region has closed a receivables warehouse facility of up to $150 million from Goldman Sachs. The latest round bring...
COFE raises $15 million in Series B funding round
COFE, MENA’s premiere online coffee marketplace has announced the successful completion of its Series B funding round, raising $15 million in investment capital. Coming onboard as the lead investor is...
Ed-tech startup, Baims raises $4 million in Series A funding
Baims, the leading ed-tech startup in Saudi Arabia, Kuwait, Jordan, Bahrain, and Turkey, has successfully raised $4 million in its Series A funding round led by AK Holding and the participation of Al-...
Saudi VC Emkan launches $31 million fund to back early-stage startups
Emkan Capital, a leading Saudi venture capital firm focused on early-stage technology start-ups across GCC and broader MENAP has announced the close of its inaugural $31 million fund, Emkan Capital Fu...
Videocites closes Series B funding round and partners with NBA
Videocites, creator of the next-generation analytics solution announced the initial closing of a Series B round led by Velocity Capital Management with additional investments by Series A investor Infr...
ISSF invests $5 million in Middle East Venture Fund
The Innovative Startups and SMEs Fund (ISSF) – the largest investment fund of its kind in Jordan – announces an investment of USD 5 million in MEVF IV, a $150M Fund launched by Middle East Venture Par...
Abu Dhabi’s SDF invests in Dronamics
Dronamics, the world’s first cargo drone airline with license to operate in Europe, announced that it has raised a total of $40 million in pre-Series A funding from venture capital funds and angel inv...
Nadeera bags $200,000 investment on Beban TV show
Hope Ventures, the investment arm of Hope Fund, producers of Beban TV show and Kuwait’s Rasameel Investments are together co-investing $200,000 in UAE-based Nadeera.
Egyptia Ad-Tech Platform Gameball raises $3.5 million
Gameball, the all-in-one customer intelligence and marketing CRM platform for consumer brands, has announced the completion of a $3.5 million fundraise to accelerate its international expansion. A ros...