Funding

South Korea’s Mirae Asset to invest $72 m in Space X in January 2023

According to regulatory papers made on Friday by the firms, affiliates of the South Korean…

Twitter’s staff is looking to secure further funding for the app

According to one of the investors, Elon Musk’s team has contacted investors to try and…

The Dubai Future District Fund introduces an Emirati venture fellowship program

The Dubai Future District Fund (DFDF) announces the launch of its Venture Fellows programme and…

B2B startup Suplyd raises $1.6 million pre-Seed round

Suplyd, an Egypt-based startup that digitises supply chain operations for the Mena region’s hotels, restaurants,…

Letswork raises $2.1 million Seed, expands to Saudi Arabia

Letswork, the Dubai-based subscription service and marketplace for on-demand workspaces, announced today it has raised…

Sharjah Media City introduces tech and media VC, Shams Valley

The freezone of the emirate, Sharjah Media City (Shams), has introduced a brand-new venture builder…

e& to form joint venture with South Korea’s Bespin Global

In order to establish a joint venture (JV) with an initial capital of $10 million,…

Saudi-based Revival Lab launches $40 million fintech-focused VC builder and fund

Revival Lab announces the venture builder, “Fin-tactics Ventures”, at the World Fintech Show conference as…

Abu Dhabi Investment Authority launches The Adia Lab to promote research

One of the largest sovereign wealth funds in the world, the Abu Dhabi Investing Authority,…

Wireless electricity startup Reach Power raises $30m in new round

Reach Power, a Silicon Valley start-up that beams electricity wirelessly, said on Friday it had raised $30…