TechCrunch

OCTOBER 13, 2022

VUZ , a social app that allows users to stream and experience immersive realism in extended reality (XR) and metaverse digital experiences, has raised $20 million in Series B investment. One such partner is the newly rebranded UAE-based telecom operator, e&; its VC arm, e& capital , launched a $250 million fund this week.

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TechCrunch

NOVEMBER 14, 2022

Silkhaus , a Dubai-based platform for short-term rentals coming out of stealth, has raised $7.75 It’s digitizing the process of operating short-term rentals for large and small property owners by providing an operating system that includes tools needed to monetize and manage their properties. That’s where Silkhaus comes in.

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TechCrunch

FEBRUARY 7, 2023

Following this growth, it is planning on expanding to Egypt and the UAE, while doubling down on Saudi Arabia, against the backdrop of $5 million pre-Series A funding it has raised, in a round led by Europe-based VC Speedinvest, which marked its debut into Saudi Arabia, and RAED Ventures, with participation from MENA focused VC firm Wamda Capital.

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TechCrunch

DECEMBER 19, 2021

Cars24 , a startup out of India that has built an app and website for selling used cars and motorbikes, has raised $400 million: a Series G of $300 million in equity and a further $100 million in debt. It’s not the only one: a month ago, Spinny , another startup in the used-car space raised $280 million. billion, versus $1.84

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TechCrunch

FEBRUARY 3, 2022

For the unacquainted, Ramp is a spend management startup that last August raised $300 million at a $3.9 Other prominent players in the space include Brex, which last month announced a $300 million raise at a $12.3 Other prominent players in the space include Brex, which last month announced a $300 million raise at a $12.3

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TechCrunch

OCTOBER 12, 2022

Recent research suggests that the e-commerce market in Saudi Arabia, UAE and Egypt account for a combined $21.4 The company, which allows e-commerce businesses to scale and grow by targeting businesses with limited bank or venture financing access, is announcing that it has raised $3.6 Wayflyer raises $150M on a $1.6B

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TechCrunch

MARCH 29, 2023

Autio, a location-based audio entertainment app co-founded by actor Kevin Costner and formerly known as HearHere, has raised $5.9 Wait, you can’t say that : Kyle reports that LeapXpert raises $22 million to monitor employee chats for compliance. The app is then blasted to 16 investors. Is that you, Bob? So which one is it? :

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TechCrunch

DECEMBER 7, 2022

Uolo , an Indian edtech platform that works with private K-12 schools to offer online learning programs to middle and low-income families, has raised $22.5 million in a funding round led by UAE-headquartered VC fund Winter Capital. India’s Uolo raises $22.5M million students.

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TechCrunch

MAY 24, 2021

And we’re seeing a smaller company try to crack some of the hold that a major tech incumbent enjoys over a huge piece of the digital economy. More than a few funding rounds are cracking off this morning, including neat rounds from African fintech Mono , India-and-UAE-based Zeta , Emitwise raising $3.2

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TechCrunch

NOVEMBER 10, 2021

Nigeria-based health tech startup Helium Health has acquired Meddy , a Qatar-headquartered and UAE-based doctor booking platform for an undisclosed amount. Nigeria’s Helium Health raises $10M Series A for Africa expansion. Meddy currently serves more than 150 private clients within the UAE and Qatar.

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TechCrunch

MARCH 8, 2021

By collecting real-time data and leveraging a digital rewarding system designed to drive customers to deepen their relationship with restaurants. Since launching in Egypt, Koinz has expanded to Saudi Arabia and the UAE. Image Credits: Koinz. Like Egypt, these markets have similar dynamics and demographics.

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TechCrunch

MARCH 6, 2022

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.

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TechCrunch

JULY 19, 2022

Bloom , a Sudan-based fintech that offers a high-yield savings account and adjacent digital banking services, has raised a $6.5 based VCs Global Founders Capital (GFC) and Goodwater Capital and UAE-based early-stage firm VentureSouq. Visa is taking the lead as a first mover in digital payments in Sudan.

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Fast Company Tech

MARCH 18, 2025

Instead, its actively building platforms for everything from drug discovery (Clara for Biopharma) to autonomous vehicles (Drive AGX) to video production (Holoscan) to digital twins (Omniverse). In June, the company raised a $640 million funding round, led by the venture capital firm General Catalyst. AI companies like OpenAI.

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TechCrunch

AUGUST 7, 2022

The company has raised over $86 million over its lifetime and counts NewView Capital and SoftBank’s SB Opportunity Fund among its backers. Meanwhile, Yaydoo has raised over $20 million from investors such as Base10 Partners, monashees, SB Opportunity Fund and Leap Global Partners. Klarna recently raised $800 million at a $6.7

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TechCrunch

AUGUST 28, 2022

Companies (like digital mortgage lender Better.com) couldn’t keep up and had to go on a hiring spree to meet all the consumer demand. At the same time, as the venture market slowed dramatically and suddenly, raising capital was much harder. of its staff — five months after raising a $55 million Series B. Then 2022 came.

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TechCrunch

OCTOBER 31, 2022

Circle of friends : Egyptian fintech Money Fellows banked $31 million in new funding to, what Tage describes as, “digitizing money circles,” which is where people essentially save and borrow together as a group. The Middle East–based startup has raised $14.3 Startups and VC. million to date, Ivan reports.

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TechCrunch

FEBRUARY 17, 2022

While incumbents have pioneered various enterprise resource planning (ERP) systems to digitize these processes, companies would still get four to five different software platforms to complete multiple tasks. Only B2B e-commerce startup Chari and proptech Mubawab has raised more recently. Europe, Asia, and Africa participated.

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TechCrunch

APRIL 25, 2022

Zenda is digitizing school pay in Africa : As someone preparing to send my oldest to college in two short years, I was intrigued by Annie ’s coverage of how UAE-based Zenda is helping parents on the other side of the world, with its sights now set on Africa, pay school fees online rather than having to provide bank deposit slips as proof of payment.

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