Funding
MENA region attracts funding of $2.87 billion in 2021
According to a latest study by Wamda, the year 2021 saw several records broken that included the largest funding round to date, the highest number of deals, and the arrival of Softbank and Sequoia Cap...
GRAID Technology secures $15M in Series A Funding
GRAID Technology announced today that it has secured a $15 million Series A funding round, led by Capital TEN. Additional investors include Cathay Venture Inc., China Investment & Development Comp...
Deliverect raises $150 million in Series D funding
Deliverect, a global scale-up that simplifies online ordering for more than 20,000 locations across 40 markets, has secured more than $150 million in Series D funding.
Palestine-based Ibtikar Fund II closes first round at $15 million
Ibtikar Fund announced the first closing of its second fund, Ibtikar Fund II CV, which will build on the momentum and success of its first fund. The first closing was at USD 15 million out of a target...
Momentus secures 3.5 million SEK to improve new mothers’ health
The Stockholm-based femtech company Momentus, which participated in the Sting Incubate program in 2021, is raising external capital to accelerate its service targeting the health of new mothers after ...
HeyCharge raises $4.7M in seed funding round
HeyCharge announced that the company has closed a $4.7M seed funding round and the company believes that with BMW i Ventures as their lead investor, it will bring strong automotive industry credential...
Chari announces the closing of a bridge round led by Khwarizmi Ventures
Aiming to take a serious step towards the fintech space, Chari announces today the closing of a bridge round led by the Saudi-based venture capital fund Khwarizmi Ventures (KV), AirAngels (Airbnb Alum...
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...