Funding
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...
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...