Funding
Classy Games secures funding from Merak Capital
Classy Games Studios, a gaming company operating between Northern Ireland and Saudi Arabia, has secured fresh funding from Merak Capital and Exel by Merak in the Kingdom of Saudi Arabia. The investmen...
In5 startup funding grows close to AED 8bln
Since its inception, funding raised by startups within TECOM Group entrepreneurship incubator in5 has crossed AED 7.8 billion, representing 163% growth over total funding raised as of 2023. This demon...
Podeo raises $5.4mln for discoverability and global expansion
Today, the world’s largest podcast distribution platform Podeo is announcing a $5.4M funding round to support podcasters overcome the discoverability challenge. The Series A funding round was led by O...
TWLM secures $270,000 in funding to accelerate growth
TWLM, a pioneering Saudi Arabia-based food pick-up application, has successfully raised $270,000 in its latest funding round, led by B Group and with additional contributions from a cohort of angel in...
UAE-based startup, Verbatica raises $700,000 from angel investors
UAE-based startup, Verbatica, is developing a next-generation educational platform for learning English and Arabic, and has raised $700,000 in angel investments. These funds will allow the company to ...
Huspy secures fresh round of funding led by Balderton Capital
Launched in 2020, UAE-based prop tech Huspy, with operations in Dubai, Abu Dhabi, and Madrid, announces that it has raised a funding round led by Balderton Capital. Existing investor Fifth Wall, among...
WekaIO raises $140 million in Series E
WekaIO, an AI-native data platform company, has raised $140 million in an oversubscribed Series E funding round led by Valor Equity Partners. The round consisted of a combined primary and secondary tr...
Dendra Systems secures $15.76mln in Series B funding
Dendra Systems, a leader in technology-driven ecological restoration, announced the successful closure of its Series B funding round, raising $15.76 million (£12.5 million) to accelerate its mission o...
Uniqus Consultech raises $10 million in Series B
Uniqus Consultech, a tech-enabled global platform that offers ESG and Accounting & Reporting Consulting, has raised $10 million in Series B funding. The round was led by Nexus Ventures with partic...