Funding

Udrive onboards prominent investors and closes its funding round of US$5M

With the UAE’s economy opening up and mobility once again on an uptick post-pandemic, Udrive, the app-based pay-per-minute car rental service, is accelerating its growth — by doubling its fleet size o...

Democrance completes its latest funding round

Democrance, the UAE-born InsurTech company completed its latest funding round, led by Dubai-based international VC firm Global Ventures, along with the participation of Veridian Ventures and existing ...

How to secure funding for SMEs

Rayhan Aleem, founder of Alpha Pro Partners, explores how to get your finances in the best shape to attract investment for your small business

Edunation secures $3M in their latest funding round

Edunation, an all-in-one digital school and learning management system, recently locked in $3M after their latest funding round with Rubix, a US-based investor. Today, the startup is a proud partner t...

SME confidence in the UAE is on the raise finds the latest research by Mastercard

After facing unprecedented changes in the wake of the COVID-19 pandemic, Small and Medium Enterprise (SME) confidence in the UAE is on the rise, according to the latest research by Mastercard.

BASMA.com secures $3M in its Series A round of funding

The UK-based, MENA focused, startup BASMA.com closed $3M in its Series A round of funding led by MEVP with the participation of SOSF, IM capital and returning investors iSME, Cedar Mundi Ventures and ...

CAPEX.com secures $21 million in a new funding round

The multi-licensed global broker CAPEX.com announced on Monday the closing of a new funding round, raising a total of $21 Million. This was achieved with the help of Growth Box Ventures https://growth...

Episode Six secures $30 million in funding

Episode Six, the global provider of modern payment processing and banking infrastructure, announced that it has secured an additional $30 million of investment, bringing its total capital raised to $4...

Social Media Monitoring startup secures US$1.1 m from regional VCs

Dubai based startup, Crowd Analyzer, a data intelligence provider and Arabic-focused social media monitoring platform, has received pre-Series A funding of US$1.1 million from a group of regional vent...

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