Vamstar, the AI-enabled global sourcing and procurement platform for medical supplies and pharmaceuticals, has closed $9.5m Series A funding...
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UAE’s proptech Huspy receives $37m in Series A funding
Huspy, the UAE-based proptech startup, has raised $37m in a Series A funding led by Sequoia Capital India. Founders Fund and Fifth Wall made...
MENA’s fintech school fee app, zenda, raises $9.4m in seed round
Zenda, MENA’s first fintech app for families, has raised $9.4m in an oversubscribed seed round. The application presently tackles issues with...
Saudi Arabia’s Foodics raises $170m in Series C round in MENA
Foodics, the cloud-based technology and payments platform for restaurants in the MENA region has successfully raised $170m in a Series C...
The Food Lab, Egypt’s cloud kitchen operator raises pre-seed round of $4.5m
The Food Lab (TFL), Egypt’s first cloud kitchen services operator, has completed a substantial $4.5m pre-seed funding round. Nuwa Capital,...
Dubai-based metaverse startup Eikonikos raises $2m in pre-seed funding
Eikonikos, an open-world metaverse startup, has raised $2m in pre-seed funding by angel investors. The company aims to create an open...
Justclean secures $6m funding led by Gulf Investment Corporation
Justclean, a cleaning marketplace platform, has secured $6m in a funding headed by Gulf Investment Corporation (GIC) and regional investors....
Rolls-Royce to get Qatari funding for small nuclear reactors
Rolls-Royce Holdings has reached an agreement under which Qatar will invest in the British company’s small modular reactor business. The...
Saudi Aramco’s Wa’ed invests SAR19million in fintech startup Lamaa
Wa’ed, Saudi Aramco’s entrepreneurship arm, has announced a SAR19m Pre-Series A investment co-led with Raed Ventures in Lamaa, the...