News
in5 startups experience 25% funding growth in 2023
Today, TECOM Group revealed that its incubator in5 has reported remarkable growth in 2023, with funding raised by startups since its inception increasing by 25% during the year.
PIESHIP raises undisclosed funding in the pre-seed investment round
Saudi-based company PIESHIP has closed an undisclosed pre-seed investment round by SEEDRA Ventures, Nama Ventures, and angel investors.
7 startups from Middle East shortlisted for the Underdog Tech Award
inDrive announces seven startups from the Middle East region have been shortlisted for the Underdog Tech Award after launching the 1st edition last September to support successful technology startups ...
Winners of NVIDIA Studio Nights 2 announced
NVIDIA, in partnership with Microsoft, announced the winners of the second edition of its creative design competition, NVIDIA Studio Nights. The regional event, held at twofour54 in Abu Dhabi, highlig...
ReflowX joins In5 and secures a spot at Founders Institute Program
ReflowX, the innovative oil and gas procurement platform announced significant advancements in Q1 2024, underscoring its commitment to innovation and sustainability in the industry.
IFZA partners with German Federal Association for SME’s
IFZA, Dubai’s most dynamic free zone community, has partnered with the Bundesverband mittelständische Wirtschaft e.V (BVMW), the German Federal Association of Small and Medium-Sized Businesses. As the...
Dubai based gaming platform, GameCentric raises $1.5 million
GameCentric the region’s newest gaming platform at the forefront of connecting brands with gamers has raised USD 1.5 Million in capital from a Dubai-based Angel Investor, Bilal Merchant.
Bold raises $50 million in Series C funding round led by General Atlantic and IFC
Bold, a financial technology company enabling access to electronic payments in Colombia, has raised $50 million in Series C funding led by existing investor General Atlantic, a leading global investor...
The Cloud secures $12 million in Series B funding
The Cloud, a Hub71 food tech startup, has announced the successful first close of its $12 million Series B funding round out of a total $30 million it is raising. The funding round saw participation f...