Funding
TONcoin.Fund leads $1.5 million seed funding
TONcoin.Fund, the main incubator and accelerator for The Open Network (TON), a novel platform that unites all blockchains and Web2 Internet into a single open network, has successfully led a $1.5 mill...
Vitestro raises EUR 12 million to launch world’s first autonomous blood drawing device
Vitestro, a Netherland-based startup and the developer of an autonomous blood drawing device, announces the completion of a EUR 12 million Series A financing round. California-based Sonder Capital led...
Saudi NFT marketplace startup, Nuqtah raises seed funding
Nuqtah, Saudi Arabia’s first NFT marketplace platform, announced today that it has raised a seed round of funding led by Animoca Brands with participation from Polygon and regional investors. The new ...
almentor secures a $10mn investment round led by e& capital
almentor, the leading online video learning platform in Arabic, has raised $10mn in growth capital in a pre-series C round led by e& capital, the tech investment arm of e&. The proceeds will b...
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...