Funding

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...

Millennial Brands raises $35 million

Millennial Brands, an emerging consumer player specialising in launching and developing the next generation of direct-to-consumer and digital brands, operating in the Middle East, has secured a new ro...

WafR raises 2.7 million dirhams from several Moroccan and foreign business angels

Following an initial round of funding of 3.5 million Moroccan Dirhams (MAD), WafR, an application that allows retail brands to broadcast smart promotions to grocers to increase their market share on t...

nSure.ai’s real-time fraud protection intelligence platform raises $18 million

nSure.ai, the world’s first fully automated chargeback guarantee platform, raised $18 million in Series A funding, led by MoreTech Ventures with additional investments by seed-round participants...

Kouncel raises $1.2 million in its latest funding round

Kouncel has raised $1.2 million in its latest funding round, the funding round was led by Zaldi Capital for investment “an Investment Bank focused on SMEs and Assets Management”, the African Developme...

Qashio raises $2.5 million in its pre-Seed funding

UAE-headquartered fintech business, Qashio has entered the MENA market on a strong note by raising $2.5 million in its pre-Seed funding. Qashio’s enterprise-grade expense management platform enables b...

Pyypl raises $11 million in series A

UAE based fast growing fintech, Pyypl closed a $11 million series A financing round with participation from a diverse group of international family offices and HNWI’s. The company provides digital pay...

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