#startup

Produze receives $2m in seed funding

Farm-to-retailer platform Produze receives $2.6m in seed funding

Produze aims to serve multiple agri produce categories across countries in the Middle East, North America and Europe

Deel

UAE partners with startup Deel to expedite foreign worker visas

San Francisco-based Deel was last valued at $5.5bn in October and has received backing from investors including Coatue and and Altimeter Capital

Flat6Labs

ADQ’s venture platform, Flat6Labs reveal startups under Ignite programme’s new cycle

The cohort includes seven UAE-born startups and three international companies that will now establish significant business operations in Abu Dhabi

Hub71 AIQ

Abu Dhabi’s Hub71, AIQ partner to accelerate AI-driven transformation of the energy industry

The collaboration will see both companies accelerate the development of digital technologies to unlock greater value from oil and gas operations

Giving up meat? A vegetarian-only food app launches in Dubai

Yalla Veggie offers a selection of green restaurants, supermarkets, organic stores, bakeries and ethical startups

Texub

Dubai-based startup Texub launches a B2B marketplace

The platform supports smaller vendors in establishing themselves in global markets and handling their end-to-end business requirements

Plumm’s Asim Amin shares why a healthier and happier employee is a huge asset to every workplace

The founder and CEO of the mental wellbeing platform says organisations must provide a holistic support system to ensure employee wellbeing

Interview: Nour Sabri, founder of BorrowMe, on why renting items is good for the planet

Sabri shares what inspired him to set up the business, which enables people in the UAE to rent almost anything they need instead of buying it

Hub71 leads Dhs1.5bn investments for Abu Dhabi startups

Hub71 businesses have a combined worth of Dhs5.87bn, and almost 1,000 jobs have been generated since its establishment in 2019

Dubai-based metaverse startup Eikonikos raises $2m in pre-seed funding

The company is currently in the process of issuing digital assets for investment as it gears up for commercial launch in May 2022

How One Global helps make day-to-day digital service payments more mobile

Our forward-thinking approach and business platforms are on the verge of disrupting the status quo for entrepreneurs, says Mohammed Al-Rashidi, executive chairman, One Global

in5 to launch a dedicated space for investors to drive entrepreneurship in the region

The space will enable investors to directly engage startups for funding and partnership opportunities

World’s first hydrogen-powered flying boat to be made in Dubai

The boat will be able to sail without noise, waves, or emissions

Saudi Investment

Saudi’s largest-ever tech event, LEAP, to take place in February

The event will be held at the Riyadh Front Expo Centre from February 1-3 and will feature over 400 expert speakers across six conferences

Why this 21-year-old Dubai resident is hoping to create a unicorn with his sports app

Dubai resident Amit Singh launched a sports fan engagement app in the UAE called Boomer11 last year. Here’s why he is confident the startup will achieve its goal

Dubai-based food technology platform Kitch-In expands into Europe

Kitch-In and Johnny’s Burger Co. will roll out virtual restaurant brands across 45 kitchens in the Netherlands and Belgium

Getty Images

Sporting tours with Eric Cantona are offered by this Abu Dhabi startup

Looking FC offers four-day journeys designed by Cantona that take visitors on a sporting pilgrimage to discover worldwide football locations

Healthy prospects: Why Emirati entrepreneur Mahmoud Bartawi is launching a new startup

UAE-based startup Mealzap is on a mission to reach all those embarking on the journey towards a healthier lifestyle, says its CEO and co-founder Mahmoud Bartawi

Here’s why the Middle East region is a lucrative market for startups

Over the past years, Hub71 has offered entrepreneurs the access to market, resources and support to enable founders to thrive in a growing market says Jida Itani, COO, Hub71

Saudi Aramco

Saudi Aramco’s Wa’ed invests SAR19m in fintech startup Lamaa

The Riyadh-based startup was established in March 2021 by entrepreneur Sumeet Khutale who has recently relocated from London to the kingdom

China’s ByteDance invests in Dubai-based logistics startup iMile Delivery

The fresh capital will support iMile’s plans to hire more engineers in China and invest in its technology

Growing your startup – what would a good COO advise?

For a business to grow, it needs to have a data-driven culture

GITEX Global: Interview with Massimo Cannizzo, CEO and co-founder, Gellify Middle East

Gellify, in collaboration with Azimut recently launched a $50m VC Fund to help MENA startups, with a focus on enhancing advanced technology-based innovation in the region

Zofeur

Dubai-based tech startup raises $500,000 in seed funding

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

Amedeo Scarpa, Italian Trade Commissioner to the UAE

GITEX Global: Interview with Amedeo Scarpa, Italian Trade Commissioner to the UAE

The list of startup organisations at the event aimed to share knowledge with their peers and explore significant opportunities for growth

Can your startup be part of the space race?

By 2040, space exploration is estimated to become a $1 trillion industry

Azimut and Gellify launch a $50m VC fund to support MENA startups

The new fund will focus on enhancing advanced technology-based innovation in the region, identifying and nurturing B2B tech startups

Abu Dhabi’s Hub71 and AWS accelerate startup growth on the cloud

Collaboration provides Hub71 startups with access to AWS Activate, with AWS credits worth up to $100,000 and access to technical support

The growth of startups in the MENA region

With the return of in-person events like Gitex Global and the Dubai Expo 2020, the startup ecosystem’s development and investment future looks quite promising

US-based 500 Startups closes largest fund to date

Firm expands strategy beyond accelerator and seed investments, doubles down on global thesis