Funding

Majid Al Futtaim Launchpad Accelerator Programme, in partnership with AstroLabs, announces SME and startup winners to join ecosystem

In partnership with AstroLabs, Majid Al Futtaim’s Launchpad programme enters an exciting new phase, having…

Accelerator hub D369 raising $1bln for start-ups in Web3 and metaverse

People can breathe a sigh of relief because Web3 offers a lot more advantages and…

UAE-based NFT marketplace NIFTY Souq raises $1.5m in Seed funding round

The first NFT marketplace in the MENA region, NIFTY Souq, which debuted in 2021, has…

News Round-Up August | Funding

Car-maker startup Jidu seeks $400m in Funding Jidu Auto is a joint venture between Baidu…

Abu Dhabi-based The Cloud raises $10m in new funding round

A $10 million series A fundraising round has been secured by The Cloud, a virtual…

Khalifa Fund launches 1st accelerator to help SMEs harness e-commerce

A program has been developed by the Khalifa Fund for Enterprise Development to help small…

Dubai property investment startup Stake raises $8m in recent funding round

Dubai-based real estate FinTech start-up Stake has raised $8 million in an early stage funding…

Fintech is still the highest-funded industry across emerging ventures, Magnitt report

According to a recent Magnitt research, the financial technology market continued to receive the most…

Qatar-based Sponix Tech receives investment from UK’s Aser Ventures

A strategic investment in Sponix Tech, a sports technology business based in Doha, has been…

UAE-based fintech startup Zywa raises $3m in latest round

Teenage-focused FinTech start-up Zywa raised $3 million in a new funding round, bringing its worth…