Funding

OTO raises $3 million in its funding round

Riyadh-based Shipping management software and delivery platform OTO has successfully raised $3 million in its latest funding round. The Seed round was led by Middle East Venture Partners (MEVP) and De...

Ghanaian businesswoman and entrepreneur Roberta Annan launches a €100 million fund

Ghanaian businesswoman and entrepreneur Roberta Annan earlier this week launched a €100 million fund to channel investment into small and medium African creative and fashion enterprises. The Impact Fu...

AlgoDriven successfully raises $2 million in a Series A funding round

AlgoDriven, a leading Dubai-based automotive data platform, has successfully raised $2 million in a Series A funding round. The round was led by Global Ventures, the Dubai-based international venture ...

BitOasis secures $30 million in Series B funding

The Middle East & North Africa’s leading crypto asset exchange BitOasis has wrapped up its Series B round, announcing that it’s closing $30 Million in funding from new and existing inv...

Noon.com set to draw $2 billion in financing from investors over the next 3-4 years

Noon.com is set to draw as much as $2 billion in financing from investors including Saudi Arabia’s sovereign wealth fund over three to four years, as it seeks to capture a larger slice of the Gulf e-c...

Nuwa Capital leads pre-Series B round in Seez

Nuwa Capital has led a pre-Series B round in Dubai-based Seez. The $5M round was twice oversubscribed and includes Germany’s Crealize, BY Venture Partners, Alfa Partners, as well as angel investors. T...

Xina AI raises $1 million in the Seed round

Xina AI, an Arabic Conversational AI platform that automates customer support queries, announced today it has raised $1 million in the Seed round. The investment is to support expansion across the reg...

Jordanian AI startup, Xina AI raises $ 1 million in seed round

Xina AI, an Arabic Conversational AI platform that automates customer support queries, announced today it has raised $1 million in the Seed round. The investment is to support expansion across the reg...

 Activ Surgical raises $45 million in a Series B

 Activ Surgical, a digital surgery pioneer, today announced that it has raised $45 million in a Series B financing round. The Series B round was led by Cota Capital, a multi-stage investment firm focu...

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