News
Wa’ed Ventures funded Democrance expands into Saudi Arabia
Democrance today announced a bold expansion strategy in the Kingdom of Saudi Arabia following the launch of the company’s Riyadh HQ.
Nomad Homes raises $20 million to fuel growth
Nomad Homes today announced that it has closed a $20 million Series A extension round led by Acrew Capital, a multi-stage venture fund based in the Bay Area that has invested in companies such as Chim...
Octave Asset Management enters UAE’s Asset Management market
Octave Asset Management (OAM), a prominent investment advisory firm, has officially established its presence by acquiring a license to operate from the Dubai International Financial Centre (DIFC). Wit...
Dubai based Belong raises $1.5 million pre-Series A round
Belong, the Dubai-born social app has announced a further $1.5 million in funding to improve its offerings and scale up its user base, bringing the total capital raised to $3.5 million. The company wi...
Dubai based startup, Oasis Defender launches AI-driven SaaS solution
Oasis Defender, a UAE-based startup, is advancing multi-cloud security with its AI-driven SaaS solution for cloud network security, designed for unified visualization and configuration across multiple...
Egyptian edtech startup, Crafty Workshop secures $400,000 in seed funding
Egyptian edtech startup, Crafty Workshop has successfully secured a Seed funding round of $400,000, led by EdVentures. Founded in 2019 by Hadeer Shalaby and Amgad Moustafa, Crafty Workshop is a leadin...
Dubai-based startup Neo Mobility attracts $10mln in seed funding
Neo Mobility (Neo), the first all-electric last-mile logistics, mobility and infrastructure company, has announced the launch of its innovative last-mile logistics solutions in the UAE after the succe...
Yalla features at Expand North Star 2023
Yalla, the largest Middle East and North Africa (MENA)-based online social networking and gaming company, today announced that its Director and President, Saifi Ismail, was recently invited to share Y...
Outsized closes Series A round led by Knife Capital
Outsized, the leading platform for top-tier independent talent in Asia-Pacific, Africa, and the Middle East announced the successful completion of its Series A funding round led by South African ventu...