Funding
WSO2 closes $90million in financing from Goldman Sachs
WSO2 today announced that the company has closed $90 million in financing from client vehicles advised by Goldman Sachs Asset Management Private Credit (“Goldman Sachs”). The flexible capi...
n.go secures SAR7 million in its first investment round
n.go, the company that specialises in providing virtual service to customers in cars, announced the closing of its first investment round with a value of SAR7 million ($1.8 million), led by angel inve...
AlGooru raises $600,000 in its Pre-Seed funding
Saudi edtech startup, AlGooru, has raised $600,000 pre-Seed funding from Nawa Co, Oqal Angel Network, and Techstars. Ever since its foundation in 2018, AlGooru worked towards building an online platfo...
ZoodPay completes $38 million Series B funding
ZoodPay, the “Buy Now Pay Later” (BNPL) Super App has successfully completed a $38 million Series B fundraising, attracting significant attention from leading global investors. London based VC Sturgeo...
EDB signs a strategic agreement with Dubai IE to support SMEs and corporates in the UAE
Emirates Development Bank [EDB] has signed a strategic agreement with Dubai Industries & Exports [Dubai IE] to provide innovative financing and banking solutions to SMEs and corporates aimed at su...
Flat6Labs supported startups raise over $5,000,000 in follow-on funding
The 7th Cycle received over 200 applications from more than 50 countries which was then narrowed down to a final selection of 6 Startups that consisted of teams addressing problems with unique solutio...
BlinkApp raises a six-figure pre-Seed round
Cairo-based mobility risk assistance startup, BlinkApp has raised a six-figure pre-Seed round, led by investors located in UAE and KSA. BlinkApp aspires to have its technology installed on smartphones...
Wa’ed announces SAR 1.9 million venture capital in Qreeb
Wa’ed, the entrepreneurship arm of Aramco, has announced a SAR 1.9 million venture capital investment in Dammam-based Qreeb, a digital B2B e-procurement and facility management platform aiming to stre...
Educatly secures $1M in its pre-seed funding
EdTech platform Educatly announces that it closed Pre-seed funding for $1M with contributions from Enterprise Ireland, the Falak Startups and other Angel Investors. This pre-Seed round follows the lau...