Funding
Wafeq completes $3 million seed round
Wafeq has announced the completion of its $3 million seed round. The Dubai headquartered company’s seed round was led by Raed Ventures and saw participation from Wamda Capital, both of which are...
Terra Drone closes a $14 million bridge round
Terra Drone, the Japan-based leading drone and Urban Air Mobility technology (UAM), announces closing a $14 million bridge round led by Wa’ed Ventures, the Kingdom-focused venture capital arm of Aramc...
African tech ecosystem growing faster despite the global VC downturn
Partech Africa, the VC fund dedicated to technology startups in Africa, has issued its annual report on Africa Tech Venture Capital. The report, which aims to provide a practical picture of the state ...
PASQAL secures $108 million equity Series B funding
PASQAL has announced it has secured a $108 million equity Series B raise led by new investor Temasek, a global investment company headquartered in Singapore. Other new investors include the European I...
Tabby raises $58 million in its Series C round
Tabby has raised $58 million from Sequoia Capital India, STV, PayPal Ventures, Mubadala Investment Capital, Arbor Ventures, and Endeavor Catalyst in a Series C round which values the company at $660 m...
UAE-based startup, Alaan secures $4.5 million in pre-series A funding
UAE-based Alaan, the leading spend management platform for Middle Eastern businesses, announced today that it has raised $4.5 Million Pre-Series A Funding, backed by Presight Capital, Y Combinator, an...
B2B micro-mobility tech startup, Terra secures pre-seed funding
B2B micro-mobility tech startup, TERRA TECH Ltd. has successfully secured the pre-seed investment funding from a global network of Saudi, American, and British angel investors that share the same visi...
ASKWHO secures $1 million in funding
Dubai’s go-to social app, ASKWHO has announced a further $1 million in funding to improve its offering and expand to the US market. $515,000 of this round was raised in an oversubscribed crowdfunding ...
Ninja closes a pre-Seed round
Q-commerce startup Ninja closes a pre-Seed round led by Bunat Ventures, alongside multiple VCs from the region, the USA, and family offices in Saudi. Ninja is a technology startup company founded and ...