Startups
Faith Capital funds $8 m to JustClean
Faith Capital announced today the recent close of a $8 m Series A round of financing in JustClean, a Kuwaiti laundry technology startup, in order to expand ongoing GCC marketplace operations, in addit...
Egypt’s TIEC incubator picks up 6 tech startups
Egypt’s Technology Innovation & Entrepreneurship Center (TIEC); an affiliate body to the Information Technology Industry Development Agency (ITIDA), announced a new list of six innovative tech-fue...
Dubai’s start-up company signs MoU with DEWA
Dubai based a start-up company, Whizkey Future labs, has signed a memorandum of understanding (MoU) with Dubai Electricity and Water Authority (DEWA) to develop innovative and futuristic solutions to ...
Egyptian pet care startup, VetCode raises seed funding
Cairo-based pet care startup, VetCode announced that it has been able to raise seed funding from Pmaestro, a Cairo-based technology company that helps startups with consultancy services in different a...
Kenyan solar startup SunCulture raises funds
Kenya startup success story, SunCulture added yet another chapter in its book as it closed an investment round with the EDF Group to raise money to expand its operations. EDF joins SunCulture’s existi...
Social Media Monitoring startup secures US$1.1 m from regional VCs
Dubai based startup, Crowd Analyzer, a data intelligence provider and Arabic-focused social media monitoring platform, has received pre-Series A funding of US$1.1 million from a group of regional vent...
4 winners declared for du Emirati Startup Challenge
du today announced the four winners of the du Emirati Startup Challenge launched in partnership with Zayed University and co-organised by E11 Global and Step Group. The winners were chosen from 18 Emi...
Egypt-Based SWVL Raises $8 Million
Egypt based SWVL, the premium app-based mass transit system announced a US$ 8 million Series A led by regional venture fund BECO Capital, alongside Africa-based investor DiGAME Investment and global V...
AI startup SenseTime raises $600m
China based AI startup, SenseTime today announced that it has successfully raised US$600 million in its Series C round of funding by an investment group lead by Alibaba Group other participants such a...