Funding
Egypt-Based SWVL Raises $8 Million
Egypt based SWVL, the premium app-based mass transit system announced a US$ 8 million Series A led by regional venture fund BECO Capital, alongside Africa-based investor DiGAME Investment and global V...
AI startup SenseTime raises $600m
China based AI startup, SenseTime today announced that it has successfully raised US$600 million in its Series C round of funding by an investment group lead by Alibaba Group other participants such a...
Customer Support Firm UJET Raises $25M in Series-B Funding
UJET, a San Francisco-based provider of customer and business support solutions, announced today it closed a $25 million Series B round.
Grocery Delivery Startup Instacart Raises $200M in Funding
Grocery delivery service Instacart has raised $200 million in fresh funding, the company said on Monday, boosting its valuation and providing new resources for the startup to compete against heavyweig...
Shedul Raises $6 Million for Hair Salon Booking Platform
Beauty parlors manage a lot of appointments, but about half of them are still using pen and paper, estimates Shedul.
Imagimob Secures €400K in Funding for Edge AI Research in Farming
Imagimob has received €400k in funding for Edge AI research in farming. Imagimob will use the funding to further strengthen and customise its Edge AI technology for specific requirements and challenge...
Justmop.com Secures Series A Financing Round
Taking on-demand home services to a new level in the GCC is justmop.com. The innovative company has recently announced the completion of its Series A round of funding. This announcement comes fresh on...
Deliveroo Raises $385M on a $2 Billion Valuation
British takeaway food delivery firm Deliveroo has raised $385 million in new funding, the firm said in a statement on Sunday which set out that the money would help establish operations in new areas o...
Middle East Tech Companies Collectively Pitch for $10 Million in Funding
Seven young technology companies from the GCC region traveled to London, UK, recently to pitch for $10 million in funding. The pitching was done in front of a panel of investors as part of the Cloud 1...