Funding

French vision AI company Alteia closes its latest funding round led by Wa’ed Ventures

Alteia, the European leader in vision AI and industrial software innovation, announces today that it closed its latest funding round led by Wa’ed Ventures, the venture capital arm of Saudi Aramco.

Alternative growth financing platform, erad raises $2.4 million in pre-seed funding

erad, the alternative growth financing platform for online businesses across the Middle East, today announced that it had raised $2.4 million in capital. The pre-seed funding round was backed by UAE-b...

Aramco’s Wa’ed Ventures and Phaistos Investment fund OQ Technology

OQ Technology, a global 5G IoT (Internet of Things) satellite operator, has closed a Euro 13 million Series A funding round led by Wa’ed Ventures, the venture capital arm of Aramco, and Phaistos Inves...

Stake, secures over US$8 million in a pre-series A funding

Dubai-based digital real estate investment platform, Stake, secured over US$8 million in a pre-series A funding round. This follows a US$4 million seed round the company closed back in June 2021, brin...

Dukkantek secures $10m in Pre-Series A funding

Dukkantek, the UAEs’ first revolutionary store management platform, announces a $10m pre-series A funding round as it powers the digital ecosystem for 13 million SMB retailers across the UAE, Om...

Brev.dev raises an undisclosed amount in pre-Seed funding round

Brev.dev, containers for development, announced that it has raised an undisclosed amount in pre-Seed funding round by Nama Ventures. Brev.dev was founded by 3 YC alums, Alecsander Fong (CTO), Ali Ahme...

Vamstar secures $9.5 million Series A funding

Vamstar today announced the close of its $9.5 million Series A funding round. Alpha Intelligence Capital (AIC) and Dutch Founders Fund (DFF) led the round, which also included existing investors btov ...

Cartlow raises $18 million in Series A

Cartlow, the leading reverse logistics platform in UAE and KSA, has raised $18 million in Series A round. This investment will provide Cartlow with the ability to further expand its operations and ser...

Dukkantek announces official expansion into six additional markets

In response to the increase in demand, and after a recent influx of $5.2 million in funding, Dukkantek, the UAE’s first revolutionary store management platform, has officially announced its expa...