Funding
Carmudi Raises $25 Million in Funding
Carmudi, a car classifieds site backed by Rocket Internet with particular focus on emerging markets,
Bitcoin Tumbles Below the $200-Level as Sell-Off Intensifies
Bitcoin prices plunged below the $200-level on Wednesday to hit the lowest level in more than a year as investors exited the market amid bearish chart...
Venture Catalyst Grants Security Startups Crime-Fighting Funds
Two startups that help protect the public have won funding from a venture program to take their ideas to market.
Amanat’s AED 1.375 Billion IPO 10 Times Oversubscribed
Amanat Holdings (“Amanat”), a public joint stock company under formation, announced today that its AED 1.375 billion Initial Public Offering (IPO) was...
Well-Funded SMEs Support Sustainable and Wide-Spread Growth of the Economy
The global necessity for Small and Medium-Sized Enterprises (SMEs) to have access to funding was today covered at the 10th World Islamic Economic Foru...
Secret App Brings in $25 Million in Round 2 Funding
Secret, the anonymous social posting app startup, has managed to bring in a funding of $36.3 million total from multiple interested parties.
Intel and Berytech Announce Winners of Intel Business Challenge for MENA
In the context of the 3rd edition of the “Intel Berytech Innovation Challenge” (IBIC), leading to Intel Business Challenge Middle-East &am...
AirDog Reaches Half-Million USD in Funding on Second Week of Kickstarter Campaign
AirDog’s Kickstarter campaign is a success. AirDog the easy-to-use auto-follow drone for the GoPro camera has achieved their stretch goal of $500,000 ...
New Mobile App Grand Theft Pursuit Seeks Funding Through Indiegogo
In order to make the new mobile app, Grand Theft Pursuit, available to everyone for free, Crucial App Concepts has launched an IndieGoGo crowdfunding ...