Funding

VUZ raises $20 million in series B funding

VUZ, the leading immersive social app, that allows users to stream and experience a new level of immersive realism in XR and Metaverse digital experiences, raises $20 million in series B funding led b...

Cloudflare announces $1.25 billion ‘Workers Launchpad’ funding program

Cloudflare recently announced a new funding program for startups in partnership with leading venture capital investors. The Workers Launchpad Funding Program will provide up to $1.25 billion of financ...

Egypt based Gaming platform Cryptyd Inc secures new funding round

Egypt-based Gaming platform, Cryptyd Inc has secured new funding round from existing and new investors. Proceeds from the new round will be used to support marketing costs of the company’s flags...

Egyptian startup, CardoO attracts $660,000 in seed round

Egyptian startup, CardoO has managed to attract $660,000 in its seed investment round that was led by The Alexandria Angels and supported by Sofico Investments, angel investors from Saudi Arabia, and ...

French vision AI company Alteia closes its latest funding round led by Wa’ed Ventures

Alteia, the European leader in vision AI and industrial software innovation, announces today that it closed its latest funding round led by Wa’ed Ventures, the venture capital arm of Saudi Aramco.

Saudi Arabia-based HR Tech, Elevatus secures $10.5 million in Series A round

Saudi Arabia-based recruitment platform, Elevatus has completed a $10.5 million Series A round, co-led by Global Ventures and Wa’ed Ventures, and joined by Jasoor Ventures.

Egyptian startup, Exits.me raises $1 million pre-seed round

Exits.me, an Egypt-based fintech investment banking marketplace, has raised $1 million in a Pre-Seed round by a group of notable Egyptian angel investors, Baseeta Investments Holding & Mawelni Hol...

respond.io closes $7 million Series A round

With the eCommerce market in the UAE continuing its impressive growth, buoyed by a forecasted 6%-7% real GDP growth in the country this year, respond.io, a leading social to conversational commerce pl...

Alternative growth financing platform, erad raises $2.4 million in pre-seed funding

erad, the alternative growth financing platform for online businesses across the Middle East, today announced that it had raised $2.4 million in capital. The pre-seed funding round was backed by UAE-b...