News
Electric vessel maker Candela closes funding round of €24.5M
Candela, the leading maker of sustainable, electric hydrofoil vessels, today announced it has closed the largest funding round of €24.5 million led by Groupe Beneteau to expand production of its game-...
MANTRA completes $11M funding round led by Shorooq Partners
MANTRA ($OM), the Layer 1 blockchain for Real World Assets (RWA), has announced the completion of $11M funding round led by Shorooq Partners. Additionally, a diverse range of strategic investors such ...
Moove raises $100 million Series B round
Moove has raised $100 million in a Series B funding round. Mubadala Investment Company PJSC (Mubadala), which led Moove’s previous funding round in 2023, participated in this round alongside new...
Submissions open for Orange Social Venture Prize
The 14th Orange Social Venture Prize in Africa and the Middle East has opened the submissions from yesterday, March 18, 2024. Candidates from the 17 countries within the Orange footprint have until Ma...
hrtech and iAccel GBI to propel HR Tech startups in the region
Singapore-based HR Technology Solutions and Analyst firm hrtech, has announced a strategic partnership with iAccel Gulf Business Incubator (iAccel GBI) aimed at reshaping the HR tech startup sector in...
Oman’s Madayn launches ‘Explore’ platform
The Public Establishment for Industrial Estates “Madayn” has officially launched its geographic information system (Explore), marking a significant step in its ongoing efforts to provide an attractive...
ISSF increases investment in Propeller Ventures II to $5mln
The Innovative Startups and SMEs Fund (ISSF) has announced an increase in its commitment in Propeller’s second fund, Propeller Ventures II (PVII) a Jordanian venture capital fund specializing in...
Ogier adds transactional expertise to its team in Dubai
Ogier has added Ridhiima Kapoor as the Cayman transactional legal expertise to its team in Dubai. Ridhiima is a senior transactional specialist in Ogier’s Investment Funds and Corporate teams. S...
Perfect Corp. announces new upgrade to its Skincare Pro app
Perfect Corp. announced a groundbreaking advancement in its Skincare Pro app: the seamless integration of a cloud-based, comprehensive Customer Relationship Management (CRM) system. This innovative de...