News

Men’s wellness startup Better raises $550,000 pre-seed

Better, the first men’s wellness startup of its kind in MENA, has announced that the company has successfully raised US$550,000 in a pre-seed round led by Salica Spring Studios’ fund, backed by Salica...

Hub71 announces Angel Investor Support Package

Hub71 has unveiled its Angel Investor Support Package, a strategic initiative designed to foster the growth of angel networks and enable angel investors to form legal investment structures within Abu ...

Arctic Instruments raises EUR 2.35 million

Arctic Instruments, a spinout of VTT Technical Research Centre of Finland, has raised EUR 2.35 million in funding for the research, development and commercialisation of its superconducting microwave a...

UAE-based automotive tech startup raises $ 750,000

BuyAnyAutoPart, a UAE-based B2B used car part aggregator disrupting the region’s multi-billion-dollar used car part market, has secured USD 750,000 in pre-seed funding.

Wafeq raises $7.5 million in Series A funding round

Wafeq, a modern and easy-to-use accounting platform, announced the completion of its $7.5 million Series A funding round (SAR 28 million). This investment brings together globally renowned accounting ...

SanchiConnect and ACIR to promote best practices for startup incubators and accelerators

SanchiConnect, a specialised community for DeepTech startups, investors, enterprise partners and mentors, announced its partnership with the Alliance for Commercialisation and Innovation Research (ACI...

UAE-based Iliad Partners launches $50m MENA VC Fund

UAE-based venture capital firm Iliad Partners has announced the launch and first close of its $50m Iliad Partners Tech Ventures Fund I.

PLATMA secures $2.2 million in pre-seed funding round

PLATMA, the AI Business Automation Platform that transforms natural language into functional workflows and business processes, has successfully completed its pre-seed funding round, securing $2.2 mill...

Renew Capital invests in Tunisia’s Konnect

Konnect is a payment gateway pioneering digital payment solutions in North Africa, authorized by the Central Bank of Tunisia. Their platform offers seamless payment links, e-commerce plugins and a rob...

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