Funding
VC funding for Saudi Arabian startups grew by 72%
The “2022 Saudi Arabia Venture Capital Report” revealed that the funding deployed into Saudi Arabian startups grew by 72% to a record-high of $987 million (SAR 3.701 billion) in 2022 versus 2021.
B2B micro-mobility tech startup, Terra secures pre-seed funding
B2B micro-mobility tech startup, TERRA TECH Ltd. has successfully secured the pre-seed investment funding from a global network of Saudi, American, and British angel investors that share the same visi...
ASKWHO secures $1 million in funding
Dubai’s go-to social app, ASKWHO has announced a further $1 million in funding to improve its offering and expand to the US market. $515,000 of this round was raised in an oversubscribed crowdfunding ...
Astra Tech’s $500 million round to be led by G42
UAE-based consumer technology development and investment company, Astra Tech (Astra) has announced that G42, the UAE’s leading AI and cloud computing technology holding group, will be taking the role ...
Dataiku raises $200 million in Series F funding
Dataiku, the platform for Everyday AI, has announced $200 million in Series F funding led by a new investor, Wellington Management, at a $3.7 billion valuation.
Sunset Hospitality Group secures USD $35 million funding from Goldman Sachs
Sunset Hospitality Group has secured USD $35 million in funding from Goldman Sachs Asset Management (“Goldman Sachs”). The funding will support ambitious international expansion plans, including the o...
Kuwaiti fintech Ruba oversubscribes its pre-seed round
Kuwaiti Fintech startup Ruba, which aims to make education accessible to all, announced that it has raised an undisclosed amount in an oversubscribed pre-seed funding round.
India’s Isthara raises $10 million funding led by Dubai-based Eagle Investments
Isthara, India’s premium co-living brand and Smart Food Court pioneer, has raised fresh funding of $10 million led by Dubai-based Eagle Investments. The current funding round brings Isthara̵...
Egypt based Gaming platform Cryptyd Inc secures new funding round
Egypt-based Gaming platform, Cryptyd Inc has secured new funding round from existing and new investors. Proceeds from the new round will be used to support marketing costs of the company’s flags...