Funding

Abu Dhabi’s Hub71 accomplished a funding milestone of $1.22bn

Hub71, a start-up hub located in Abu Dhabi, has reportedly helped start-ups raise nearly Dh4.5 billion ($1.22 billion) in funding…

1 year ago

Dubai pledges $1bn for tech start-ups in the uncertain global market

The Dubai Future District Fund has set an ambitious target of $1 billion for assets under management by the end…

1 year ago

almentor raises $10 million pre-series C round led by e& capital

almentor, the leading online video learning platform in Arabic, has raised $10mn in growth capital in a pre-series C round…

1 year ago

Tamara raises $150m debt financing from Goldman Sachs

Tamara, the leading shopping and payments platform in Saudi Arabia and the wider GCC region has closed a receivables warehouse…

1 year ago

NFT marketplace Nuqtah raises Seed round

Nuqtah, Saudi Arabia’s non-fungible token (NFT) marketplace platform, has raised a seed round of funding led by Animoca Brands with…

1 year ago

Abu Dhabi Investment Authority (ADIA) to invest $500m in India’s Lenskart

Abu Dhabi Investment Authority is investing $500 million in India’s Lenskart, an online retailer for eyewear, becoming one of the largest…

1 year ago

Oman Technology Fund invests in edtech startup Shape

The Oman Technology Fund has been actively investing in North African startups, from the recently acquired Tunisian gaming startup Galactech,…

1 year ago

Dubai’s in5 startup incubator raised more than Dh2.4bn in 2022

Start-ups enrolled with in5, the incubator under Dubai's Tecom Group, have raised more than Dh2.4 billion in funding from its inception…

1 year ago

The Chinese tech giant Huawei will continue to invest in Saudi Arabia, President Yi says

President for the Middle East and Central Asia, Steven Yi, has confirmed the Huawei company's commitment to invest in Saudi…

1 year ago

Sendmarc has secured $7 million in funding to support its efforts in enhancing internet safety

Sendmarc, a prominent player in email and domain security, has successfully secured $7 million in series A funding, led by…

1 year ago