News
Outpost raises $7.1 m seed round to develop reusable satellites for earth return service
Outpost Technologies, the sustainable space company, announced the closing of a $7.1 m Series Seed round. During a bearish fundraising environment, this round was oversubscribed, demonstrating Outpost...
Kenya based fintech, Pezesha raises a pre-series A investment of $11 million
Kenya based fintech, Pezesha has raised a pre-series A investment of $11 Million. The round was a mix of $6 million equity and $5 million debt. The funding round, which was led by Women’s World Bankin...
L’Occitane and Chalhoub Group launch their first retail-tech accelerator program
L’Occitane MENA’s first Accelerator Program, powered by Chalhoub Group’s The Greenhouse, is offering three tech-savvy startups the chance to receive US$ 50,000 each in funding and work alongside the g...
Snap introduces its new dual camera feature
Snap has announced the availability of its newest and highly-anticipated feature – Dual Camera on the Snapchat platform. The new Dual Camera mode will enable Snapchatters to create content using their...
Stake, secures over US$8 million in a pre-series A funding
Dubai-based digital real estate investment platform, Stake, secured over US$8 million in a pre-series A funding round. This follows a US$4 million seed round the company closed back in June 2021, brin...
ArabyAds rasies $30 m in pre-series B
ArabyAds, the leading AdTech company in the MENA region, announced that it has raised $30 Million in Pre-Series B funding round from AfricInvest, a leading pan-African investment platform managing mul...
Nigerian fintech startup, Grey raises $2 m in seed funding
Grey, a fintech started by two Nigerians to simplify sending and receiving foreign payments for Africans, has raised $2 million in seed funding. The service offered by Grey enables its customers to ha...
Hub71 accepts its second cohort of the year
Hub71 has selected its latest cohort of tech startups from a large number of applicants worldwide that chose to setup and scale from the UAE’s capital. For the next two years, the new cohort wil...
Nigerian start-up Anchor joins Y Combinator Summer 2022 Batch
Nigerian start-up Anchor, a banking-as-a-service (BaaS) platform, has announced its public beta launch. The startup was also accepted into Y Combinator Summer 2022 Batch as the first African BaaS and ...