pre-Series A

Centbee closes its pre-series A round

Centbee announced that it has closed its pre-Series A round with entrepreneur Calvin Ayre, founder of Ayre Ventures. Ayre Ventures first invested in Centbee in 2019. Speaking on the new raise, Ayre sa...

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...

Gifting ecommerce platform Teeela raises $ 3.75m

Teeela, an innovative and rapidly-scaling gifting platform and app has raised US$3.75mn in a Pre-Series A. The round was led by Saudi Arabian investment firm Wealth Well and supported by strategic inv...

Shorooq Partners officially launches the second edition of Bedaya Fund II

Shorooq Partners has officially launched the second edition of its seed stage-focused fund, Bedaya Fund II, targeting a fund size of $150 million. Bedaya Fund II is a continuation of the same strategy...

Verofax raised $1.5M in a pre-Series A round

Verofax Limited, an Asset Digitization and Traceability solutions provider, today announced closing a $1.5M pre-Series A round by international investors led by Benson Oak Ventures, with 500 Startups,...

Fero secures $1.1 million fund in its pre- Series A round

Fero, a cloud-based robotic process automation (RPA) and enterprise resource planning (ERP)-products company that has created TiA, the World’s 1st Intelligent Virtual Assistant for Supply Chain, is an...

Foloosi raises $2 million in pre-Series A funding

Foloosi has raised $2 million new Pre-Series A round of funding led by angel investors from Abu Dhabi. The company is establishing itself as an online payment enabler in the UAE, empowering SMEs to tr...

Protect4less raises $1 million in pre-Series A

Protect4less, a UAE-based insuretech startup that provides users of smartphones and other electronic devices including laptops, PCs, tablets, accessories and home appliances coverage, has closed a $1m...

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