#funding
The proceeds will be used by Zid to expand into new markets in Saudi Arabia and in the region
The funding will be used for scalable growth and both firms will look for strategic acquisitions together
The Vision Fund segment posted a loss of 2.33 trillion yen in the three months ending June 30, following a then-record 2.2 trillion yen loss in the previous quarter
Following Tabby’s Series B extension earlier this year, the fintech’s total capital raised to date amounts to $275m
With new innovations in DeFi, GameFi and infrastructure spaces, Cypher Capital looks forward to being part of large milestones for blockchain
The Oakland-based brand raised over $40m in Series B funding
Platform to simplify sourcing and procurement for hospital administrators and healthcare suppliers in the UAE
Funds will accelerate Huspy’s expansion across EMEA and transform the future of home buying
The funds will be used to enhance features, allow for investments in ecosystem partnerships and onboard industry experts
Through a digital solution, the platform assists financial advisers in matching consumers with products that is suited for their needs, reducing the difficulties of paperwork
Zenda, is the first fintech app that lets parents to pay school fees with pay-now and pay-later options, and unlock rewards for paying on time
The Series C funding was led by Prosus and Sanabil Investments, with participation by Sequoia Capital India and existing investors
Nuwa Capital, Shorooq Partners, and 4DX Ventures co-led the round, which comprised investors from all across the world
The company is currently in the process of issuing digital assets for investment as it gears up for commercial launch in May 2022
The Gulf region’s $3bn cleaning industry is driven mostly by independent service providers
The investment will support tabby’s international expansion plans
Last year, UAE-based startups raised nearly $600m in venture funding alone
Following $122bn in debt sales in 2021, governments and companies will probably front-load much of their funding needs this year
Qatar will invest $112m in Rolls-Royce SMR, the separate unit created for the project
The Riyadh-based startup was established in March 2021 by entrepreneur Sumeet Khutale who has recently relocated from London to the kingdom
The company was founded in July 2020 and now has over 50,000 users in Dubai alone is offering a unique pay per minute payment model
The new capital will be used to fuel the growth of its digital lending operations, deepen its AI and predictive analytics capabilities and grow its global talent pool
The evolving landscape will soon change the way adopting an innovative digital business model in the real estate market is viewed
The new fund will focus on enhancing advanced technology-based innovation in the region, identifying and nurturing B2B tech startups
More than 150 new companies joined in5 since 2020, bringing the total number of startups supported by the incubator to 500
Firm expands strategy beyond accelerator and seed investments, doubles down on global thesis
The investment will support Koala Picks’ growth within the UAE
The OPEC member posted record $36bn budget deficit in 2020
Launched in 2017, Speero is a digital platform for automotive after-sales
The latest funding round has boosted the Indian online retailer’s valuation to $37.6bn