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 Mirae Asset Financial Group intend…

1 year ago

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 raise additional capital for his…

1 year ago

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 invites eligible aspiring Emirati venture…

1 year ago

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, and catering (HORECA) industries, announced…

1 year ago

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 a $2.1 million seed round.…

1 year ago

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 dubbed Shams Valley. According to…

1 year ago

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, South Korean multi-cloud solution provider…

1 year ago

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

Saudi Arabia-based Revival Lab will establish “Fin-tactics Ventures", a venture builder specialised in fintech, insuretech and regtech, supported by a…

1 year ago

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, has opened a new innovation…

1 year ago

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 million in a funding round…

1 year ago