Funding
Funding Souq closes $2.5 million seed round
Saudi Arabia-based crowdfunding platform Funding Souq has closed a $2.5m seed round with contributions from an arsenal of angel investors including Amal Dokhan (Partner at 500 Global), Omar Aljeraisi,...
Pluto raises $6 million in its seed round
Pluto, corporate spend management startup, raises $6m (AED 22M) in its seed round. The round was led by GFC, with participation from Adapt VC, Soma Capital, Graph Ventures and OldSlip group.
Alaan raises $2.5M in seed funding
Alaan announced it is coming out of stealth mode with an imminent launch after raising $2.5M in seed funding. The startup is the Middle East’s first multi-currency spend management platform enab...
Shipsy raises US$25 million in Series B round
Shipsy, a leading SaaS-based smart logistics management platform provider, has raised US$25 million in a Series B round co-led by A91 Partners and Z3 Partners along with existing investors Info Edge a...
Slurrp Farm raises $7million in a fresh round of funding
Launched in 2016, children’s millet-based food brand Slurrp Farm has been a pioneer in bringing back the supergrain millet to the centre of plates across India and more recently, the UAE.
Islamic Fintech startup IMAN, closes $1million in seed funding
An Islamic Fintech startup IMAN, closes $1million in seed funding to introduce a new financial product that is Shariah-compliant in Muslim markets. The new platform uses technology to democratize acce...
Nabta Health closes $1.5mln in funding
Nabta Health, the Middle East’s only hybrid healthcare platform dedicated to elective, preventive women’s healthcare, has raised $1.5 million in a new angel investment round.
UAE-based Unicorn EMPG invests in Pakistani co-working startup Daftarkhwan
Regional classifieds giant, Emerging Markets Property Group (EMPG) has invested seed capital in Daftarkhwan, a Pakistani startup for co-working spaces. EMPG owns and operates a staggering 10 brands ac...
Facilio raises $35 million in Series B financing
Facilio, the property operations software platform leader, today announced it has raised $35 million in Series B financing led by Dragoneer Investment Group with participation from Brookfield Growth a...