News
56% of business professionals work on-the-go while commuting
Blacklane Middle East, the region’s leading chauffeur service provider, unveiled the key findings of a study on business travel among UAE professionals. The study compiled insights from professi...
Blockchain Life 2024 to be bigger and better
The upcoming Blockchain Life 2024 Forum, taking place April 15 to 16, 2024, has announced it has increased its location size by one-third to accommodate attendees of the highly anticipated event.
Bahraini fintech Receiptable secures pre-seed round from HP Spring Studios
Receiptable, a fintech firm that innovatively bridges the data gap between banks and retailers through digital receipts, has announced its first institutional investor as part of a wider pre-seed fund...
GoDaddy celebrates the entrepreneurial spirit of mothers
As Mother’s Day approaches, GoDaddy is shining a spotlight on the remarkable resilience and achievements of women and mother entrepreneurs – mompreneurs, in the UAE. Through its commitment to pr...
Seeru completed its pre-seed funding round led by Nabtah Ventures
Seeru.ae, a traveltech startup, has successfully completed its pre-seed funding round, led by Nabtah Ventures, a US-based Venture Studio. While the exact amount remains undisclosed, this strategic inv...
P1 Ventures successfully closes $35 million for its second fund
P1 Ventures successfully completed the second close of $35 million for Fund II. The fund welcomes the World Bank’s International Finance Corporation (IFC) as its first public institutional investor. I...
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...