funding round

Wind Rises raises $1M in pre-seed funding from angel investors

Wind Rises, a Dubai-based sailing club committed to making sailing more affordable, raised $1M in a pre-seed funding round from angel investors. The funds will be invested in expanding the fleet, deve...

Seeru completed its pre-seed funding round led by Nabtah Ventures

Seeru.ae, a traveltech startup, has successfully completed its pre-seed funding round, led by Nabtah Ventures, a US-based Venture Studio. While the exact amount remains undisclosed, this strategic inv...

Electric vessel maker Candela closes funding round of €24.5M

Candela, the leading maker of sustainable, electric hydrofoil vessels, today announced it has closed the largest funding round of €24.5 million led by Groupe Beneteau to expand production of its game-...

MANTRA completes $11M funding round led by Shorooq Partners

MANTRA ($OM), the Layer 1 blockchain for Real World Assets (RWA), has announced the completion of $11M funding round led by Shorooq Partners. Additionally, a diverse range of strategic investors such ...

Moove raises $100 million Series B round

Moove has raised $100 million in a Series B funding round. Mubadala Investment Company PJSC (Mubadala), which led Moove’s previous funding round in 2023, participated in this round alongside new...

REDEX raises $10M in Series A funding led by Aramco Ventures

REDEX, Asia’s leading Renewable Energy Certificates (RECs) solutions provider, announced the successful completion of a $10 million Series A funding round that will allow the company to expand b...

HyperPay successfully raises $36.7 million in a funding round led by Mastercard

KSA-based and MENA servicing payments services provider HyperPay has successfully raised $36.7 million (SAR 138 million) in a funding round led by Mastercard with investments from Amwal Capital Partne...

Arib successfully raises $2.3M in its latest funding round

KSA-based FinTech and digital broker for personal loans in Saudi Arabia, Arib has successfully raised $2.3M in its latest funding round. The SEED round was led by Merak Capital, an investment firm foc...

Aqarito raises 2.88 million SAR in its latest funding round

Aqarito, a Saudi-based real estate technology platform raised 2.88 million SAR which accounts for almost $767,000 in its latest funding round with the support of 691 investors through the Scooper crow...