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Quick-commerce startup YallaMarket eyes Saudi Arabia and Qatar next year after U.A.E expansion

TechCrunch

YallaMarket, a Dubai-based quick-commerce startup, is planning to expand within the United Arab Emirates (U.A.E), and to enter Saudi Arabia and Qatar next year, to tap the appetite for speedy and convenient grocery shopping. million it has raised in the pre-seed round to fund expansion within the U.A.E.

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TamatemGames raises $11M Series B led by PUBG maker Krafton

TechCrunch

Jordan-based mobile game publisher TamatemGames announced today it has raised $11 million in a Series B led by KRAFTON , a South Korean game developer behind PUBG, marking its first investment in the Middle East and North Africa (MENA). The startup will hire local talents in Saudi Arabia to expand further.

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Dubai-based Stake raises $8 million to let people across the globe invest in local properties

TechCrunch

The company, founded by Manar Mahmassani, Rami Tabbara, and Ricardo Brizido in 2020, has raised $8 million in a pre-Series A round from investors like BY Ventures, MEVP, and Vivium Holdings to expand its portfolio and launch in Saudi Arabia and Egypt. The company first raised a $4 million seed round last year.

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Dragos raises $110M Series C as demand to secure industrial systems soars

TechCrunch

Cybersecurity firm Dragos has raised $110 million in its Series C, almost triple the amount that it raised two years ago in its last round. ” Another one of those places is Saudi Arabia, one of the world’s largest oil and gas producers, where Dragos has an office and now draws an investment.

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Japan’s Terra Drone gets $14M lift from Saudi investors

TechCrunch

Terra Drone said today it has raised $14 million in Series C funding from Wa’ed Ventures , the venture capital arm of Saudi Aramco , marking the VC firm’s first investment in Asia. For example, fossil fuel companies in Saudi Arabia will utilize Terra Drone’s technology for inspection services.

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Nomod raises $3.4M seed to allow merchants accept payments without hardware

TechCrunch

The company has raised $3.4 This suite of services is essential in the primary markets in which Nomod is aiming to build a significant merchant base, like Saudi Arabia, the UAE and Bangladesh. In Saudi Arabia, for instance, only 3% of more than 1 million registered businesses have access to bank credit.

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Sequoia Capital India, STV back Dubai-based BNPL provider tabby in $54M extension round

TechCrunch

The BNPL provider has raised $104 million in total Series B funding and plans to use this extension round to expand its consumer product offering and facilitate its international expansion, it said in a statement. Its two main markets are Saudi Arabia and the UAE. BNPL payment startup Alma raises another $130 million round.