Funding
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...
Fortis secures $20 million funding led by Opportunity Venture
Dubai-based Fortis, a retail tech and fintech solutions provider tailored for SMEs, announced the successful completion of a Series A funding round, raising $20 million in investment led by Opportunit...