Shorooq
Saudi startup Rekaz raises $5 million in seed funding
Saudi-based software startup Rekaz has raised $5 million in seed funding to scale its product and expand its regional presence. The round was led by COTU Ventures, with participation from Impact46, Sh...
Arab Fund’s SME arm invest in Shorooq’s Nahda Fund II
The Arab Fund for Economic and Social Development, through its SME financing arm, Badir Fund, is investing in Shorooq’s Nahda Fund II, a Qualified Investor Fund registered with the FSRA ADGM. This inv...
CQR raises $3 million to revolutionize OT cybersecurity
CQR, Saudi Arabia’s leading Operational Technology (OT) cybersecurity firm, has successfully secured a $3 million funding round led by Shorooq, one of the region’s most dynamic investment firms. This ...
The Box secures $12.5mln financing deal led by Shorooq
Shorooq leads a $12.5 million financing through its Credit Practice in The Box, a Dubai-based self-storage company addressing modern storage and logistical challenges faced by individuals and business...
Shorooq backed MANTRA secures first VARA DeFi license
MANTRA Finance, a leading decentralized finance (DeFi) platform operated by MANTRA Group has successfully obtained a Virtual Asset Service Provider (VASP) license from Dubai’s Virtual Assets Regulator...
Halo AI raises $6 million in seed funding round
Halo AI, the company transforming how brands and creators collaborate, today announced the closing of a $6 million seed funding round. Led by Raed Ventures and Shorooq, the round included strategic in...
Shorooq and Hanwha Life to expand alternative investments
Shorooq announced a partnership with South Korea’s Hanwha Life, a leading Korean life insurance company, to bridge the investment corridors between Asia and the Middle East, fueled by support from pre...
Pemo secures $7M in Pre-Series A led by Shorooq and Augmentum Finance
Pemo has announced a $7 million Pre-Series A Funding round as it seeks to continue its unprecedented growth in the region. Following two years of remarkable success in the UAE, the leading Dubai-based...