Funding
Bayzat raises $25 million in Series C Round led by DisruptAD
Bayzat, the region’s leading employee benefits platform, has successfully closed a Series C funding round, raising $25 million. The funding round was led by DisruptAD, ADQ’s venture platform, alongsid...
French Startup Sonio raises €10M through the European Innovation Council Accelerator
Sonio announces a €10M fundraising through the European Innovation Council Accelerator, the leading fund in supporting European deep-tech companies. For this cohort, among 1092 projects submitted, onl...
Astra Tech’s $500 million round to be led by G42
UAE-based consumer technology development and investment company, Astra Tech (Astra) has announced that G42, the UAE’s leading AI and cloud computing technology holding group, will be taking the role ...
Jordan’s Telescope raises seed funding
Jordan-based Telescope has raised an undisclosed amount in seed investment from Select Venture Equity in UAE, where the investment agreement was signed recently in Dubai.
Dataiku raises $200 million in Series F funding
Dataiku, the platform for Everyday AI, has announced $200 million in Series F funding led by a new investor, Wellington Management, at a $3.7 billion valuation.
Letswork raises $2.1 million in seed round
Letswork, the Dubai-based subscription service and marketplace for on-demand workspaces, announced today it has raised a $2.1 million seed round. It is also soft launching in Riyadh, bringing its tota...
Hub71 startups raises $1 billion in venture capital
Hub71 today announces it has onboarded startups to its community that have raised US$1 billion (AED 3.7 billion) in venture capital collectively since its launch in 2019. The milestone was achieved in...
DIFC retains its top spot
Dubai International Financial Centre (DIFC) has announced that during the first nine months of 2022, the number of FinTech and innovation firms joining DIFC exceeded the total that established operati...
NEC Orchestrating Future Fund closes for US$140 million
NEC Corporation has completed the final close of the “NEC Orchestrating Future Fund”, an ecosystem-type corporate venture capital (CVC) fund established in December 2021 for US$140 million...