Funding

Algerian tech startup Yassir closes $150m funding round aiming expansion

technology startup in Algeria Yassir, which in Arabic means “easy,” has raised $150 million in…

Dubai’s Fintech Hive to host disruptive startups funding event in the metaverse

The annual Investor Day of FinTech Hive, the start-up accelerator supported by the Dubai International…

Investcorp and Fung Capital to launch $500m Greater Bay fund

A $500 million fund will be established by Investcorp, the largest alternative asset management company…

VoltAero secures the first funding in its Series B round from the strategic industrial investor, TESI

VoltAero today announced completion of the first tranche in its Series B financing, with Italy’s…

Aliph Capital in talks to acquire $250m

Aliph Capital, a GCC-focused private equity fund manager that recently raised $125 million from Abu Dhabi…

EMPG raises $200m funding, eyeing IPO listing

UAE-based EMPG, which owns dubizzle and Bayut, has raised a $200 million in a round…

Classera closes $40m Series A round led by Sanabil

US-based and Mena-focused edtech Classera, has raised $40 million in a Series A round, led…

STC grants additional $300m to VC firm STV

Saudi Telecom Company (STC) announced on Wednesday that, in addition to an initial $500 million…

UAE-Fintech Lune secures $850k eyeing MENA expansion

Helal Tariq Lootah, an entrepreneur from the UAE, and Alexandre Soued co-founded Lune, a data…

Aramco sets $1.5 bn sustainability fund

According to a statement released on Wednesday, Saudi Aramco has established a $1.5 billion Sustainability…