News
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...
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...