Funding
Lean Technologies secures $33 million funding
Sequoia Capital has made its first investment in the Gulf region by leading a funding round for Lean Technologies, a Saudi fintech firm whose founders include the son of the kingdom’s former oil minis...
Atom Computing raises $60M in Series B round
Atom Computing, the creators of the first quantum computer made of nuclear-spin qubits from optically-trapped neutral atoms, announced closure of a $60M Series B round. Third Point Ventures led the ro...
Canadian startup, 1Password valuation touches $6.8 b
1Password, the leader in human-centric security, closed a $620 million (USD) Series C that raises the company’s valuation to $6.8 billion. Led by ICONIQ Growth, with participation including Tige...
Hamples – Happy Samples raise an undisclosed amount in their pre-Seed funding round
Hamples – Happy Samples, e-commerce of Free Samples & Mini-Trial packs for everyone to Try Before They Buy announced that it has raised an undisclosed amount in pre-Seed funding round by Nama Vent...
ExpandCart secures $2.7 million in a Pre-Series B funding round
ExpandCart, the leading e-commerce platform in the Middle East and North Africa, has secured $2.7 million in a Pre-Series B bridge round of financing, led by Hong-Kong based Betatron Venture Group wit...
Rain raises $110 million in its Series B funding
In January 2022 Rain, a cryptocurrency company, raised USD 110 million in its Series B funding. The round was co-led by Paradigm and Kleiner Perkins with participation from numerous parties including ...
Orcas raises $2.1 million in its latest funding round
Egyptian live learning edtech startup, Orcas, has raised $2.1 million in its latest funding round co-led by CIRA’s NFX Ventures, and Access Bridge Ventures. This pre-series A round recorded participat...
Lucidya secures $6 million in second round funding
Lucidya, the Saudi-based customer experience management platform, has today announced its second round of funding of $6 million led by Rua Growth Fund with participation from M.A.L Ventures and AlRash...
Shortages raises $700,000 in its seed round
Shorages, a UAE-based e-commerce fulfilment startup, announced on January 11, 2022, that it has raised a seed round of $700,000 to enable international e-commerce brands to tap into the GCC market.