Funding
Omani startup AirGo raises $2.7 m to expand into Saudi Arabia
Omantel Accelerator-hosted startup AirGo has raised a $2.7 million seed round led by Forming Future to venture into growing Saudi Arabian market. AirGo is part of Cohort 2 of the Omantel Accelerator p...
Mobile Masr raises $500,000 in seed funding
MobileMasr raised $500,000 in a seed round from prominent angel investors in the UAE and Qatar in the media and telecom industry in partnership with Intercap Capital Investment Bank.
Tenami Capital invests $3 million in YOUGotAGift
Tenami Capital, a newly established revenue-based investment platform, announced the closing of its inaugural $3m investment in YOUGotAGift, the Middle East’s leading digital gift card marketplace.
European Investment Bank invests $27 million in the Middle East Venture Fund IV
The European Investment Bank, through its new dedicated development finance arm EIB Global, will provide $27 million participation in the $150 million Middle East Venture Fund IV. The new venture capi...
palm.hr raises $5m to transform HR tech and employee experiences in the region
Saudi Arabia based HR tech platform, palm.hr has announced the completion of a $5 million Pre-Series A round co-led by Speedinvest and RAED Ventures. With more than €1 billion AuM, Speedinvest is one ...
Egyptian startup Gameball raises $3.5 million for international expansion
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...
Flat6Labs closes Startup Seed Fund in Saudi Arabia
Flat6Labs announces the first close of the “Startup Seed Fund” in Saudi Arabia, with the participation of the Saudi Venture Capital Company (SVC) and the “Jada” Fund of Funds, wholly owned by the Publ...
Finalrentals bags a major investment
A Cardiff-based global online car rental web-application business has secured the backing of a syndicate of four business angels led by lead investor Eamon Tuhami and venture capital company Fuel Vent...
Broadhill Capital commits equity investment of USD $15 billion
Broadhill Capital has announced that the firm will target to commit equity investment of USD $15 Billion across approximately 100-150 businesses. “We expect to make non-control equity investment...