Funding
Dubai Metaverse firm MetaFi raises $3mln in funding
UAE-based Metaverse firm MetaFi has raised a new funding from an array of big names in the Web3 industry. The investors include DoublePeak Group, Maven Capital, OKX Blockdream Ventures, Megala Venture...
Inery secures an investment from Metavest
Inery has announced that it has secured an investment from web3-focused blockchain VC firm Metavest in the first week of September at the valuation of $128m.
The Cloud secures $10 million funding
The Cloud has secured $10 million in funding led by Middle East Venture Partners (MEVP) and Olayan Financing Company (the Middle East investment arm of The Olayan Group) with participation from Rua Gr...
Investcorp leads $100 million Pre-IPO round in TruKKer
Investcorp has announced that Investcorp Saudi Pre-IPO Growth Fund LP led the Pre-IPO round in privately-held TruKKer. Investcorp led the initial close of this round with a $51 million investment alon...
Endure Capital completes the first close of its new $50 million fund to invest in early-stage startups in pan-Africa
Endure Capital announced that it has completed the first close of its new $50 million fund to invest in early-stage startups in pan-Africa. The fund, Endure 21, is Endure Capital’s second early-stage ...
Emonovo successfully raises new round of investments from Flat6Labs and angel investors
Emonovo (formerly known as MARJ3), the MENA region’s leading Ed-tech platform, has successfully raised an undisclosed bridge round by strategic angel investors from US, Europe, and MENA and follow-on ...
Aramco’s Wa’ed Ventures and Phaistos Investment fund OQ Technology
OQ Technology, a global 5G IoT (Internet of Things) satellite operator, has closed a Euro 13 million Series A funding round led by Wa’ed Ventures, the venture capital arm of Aramco, and Phaistos Inves...
Outpost raises $7.1 m seed round to develop reusable satellites for earth return service
Outpost Technologies, the sustainable space company, announced the closing of a $7.1 m Series Seed round. During a bearish fundraising environment, this round was oversubscribed, demonstrating Outpost...
Kenya based fintech, Pezesha raises a pre-series A investment of $11 million
Kenya based fintech, Pezesha has raised a pre-series A investment of $11 Million. The round was a mix of $6 million equity and $5 million debt. The funding round, which was led by Women’s World Bankin...