TechCrunch

MAY 24, 2021

Today his startup — which builds AI-based personalized learning, including test prep, for students — is announcing a major funding round to help it position itself as a player in that process. Seoul-based Riiid has closed a funding round of $175 million, an equity round coming from a single backer, SoftBank’s Vision Fund 2.

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TechCrunch

APRIL 6, 2022

Qureos , a UAE-based edtech and remote work marketplace that is changing how people upskill and get jobs across the globe, plans to grow the uptake of its platform by 10 times this year in its race to create 100 million jobs over the next few years.

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TechCrunch

OCTOBER 31, 2021

million in seed funding. The idea behind such a daring move — which appears to be a bit of a stretch considering the timeline — comes from the founders’ ambition to change an industry that has lagged behind other regions in the wider GCC, such as Saudi Arabia and the UAE, in terms of e-commerce penetration.

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TechCrunch

FEBRUARY 14, 2022

based MoneyHash is one such company, emerging from beta with $3 million in pre-seed funding. The Middle Eastern early-stage fund also led this extension, with participation from previous backers in the initial pre-seed round and others like VentureSouq, VentureFriends, The Continent Venture Partners, Nuwa Capital and First Check Africa.

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TechCrunch

OCTOBER 11, 2021

SkyCell , a Swiss company developing smart containers for transporting medicines and vaccines, is announcing a significant round of funding. This round brings the company’s total funding to $133 million. The biopharma industry uses more optimistic numbers. So far, the numbers seem to be in the company’s favor. . “We

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TechCrunch

NOVEMBER 14, 2022

million in seed funding, money it plans to use for expansion across South Asia, Southeast Asia and the MENA region. . Silkhaus’s engineering team, split across the UAE city and Bangalore, is currently building out its technology stack, the company said in a statement.

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TechCrunch

FEBRUARY 17, 2022

In Africa and the Middle East, most companies in the freight industry still use old-fashioned methods such as spreadsheets, phone calls and emails to manage their shipments. CDG Invest, Y Combinator, Flexport, Swiss Founders Fund, Outlierz Ventures, and a few angel investors from the U.S., Europe, Asia, and Africa participated.

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TechCrunch

APRIL 18, 2022

Per reports, Egyptians spend about 30% of their income on food in a $17 billion restaurant industry, one of the largest in Africa and the Middle East. Africa-focused fund 4DX Ventures and UAE-based venture capital firms Nuwa Capital and Shorooq Partners led the round, one of the largest in Egypt after Rabbit, Telda and Milezmore.

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TechCrunch

MARCH 29, 2023

In-suring new funds : India-based insurtech company Acko, which is already backed by Amazon, is in talks for $120 million in new funding. The funding round was led by iHeartMedia, Aisha reports. A growing market : Christine writes that Italy’s ban on cultivated meat could set the industry back. Manish has more.

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TechCrunch

MARCH 8, 2021

As the restaurant industry across different cities was massively hit by the pandemic-induced lockdowns last year, food aggregator platforms helped by driving online customers to them. Founded in 2018 by Hussein Momtaz , Ahmed Said , and Abdullah Al Khalidi , Koinz set out to solve two major problems in Egypt’s food aggregation industry.

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TechCrunch

JANUARY 21, 2021

Much of Israel’s high-tech industry has emerged from former members of the country’s elite military intelligence units, such as the Unit 8200 Intelligence division. Israel’s startups industry began emerging in the late 1980s and early 1990s. Over the last decade, startup funding for Israeli entrepreneurs increased by 400%.

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TechNode

AUGUST 8, 2023

In 2017, iMile was founded by Rita Huang, a former employee of Chinese tech giants Huawei and Alibaba Cloud, in Dubai, UAE. In 2021, TikToks parent company ByteDance participated in the companys Series A funding round with an investment of $10 million. The company targets the Middle East delivery market. LatePost, in Chinese ]

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TechCrunch

JUNE 22, 2022

With $23 million in new backing, the company now plans to take its platform to other countries looking to get their drone industries off the ground. “The drone industry for beyond line of sight, things like food delivery, have been held back by this,” said CEO Michael Healander.

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TechCrunch

AUGUST 7, 2022

This will include everything from funding rounds to trends to an analysis of a particular space to hot takes on a particular company or phenomenon. The company has raised over $86 million over its lifetime and counts NewView Capital and SoftBank’s SB Opportunity Fund among its backers. Another day, another Q2 funding report.

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TechCrunch

AUGUST 8, 2022

Vadym Synegin is a Ukrainian impact entrepreneur, philanthropist and investor in fintech and crypto projects with more than 15 years’ experience as an entrepreneur in Europe and the UAE. Ukrainian tech startups are dedicating their efforts to elevating the industry to new heights. Fintech is growing fast despite setbacks.

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TechCrunch

AUGUST 28, 2022

This will include everything from funding rounds to trends to an analysis of a particular space to hot takes on a particular company or phenomenon. Higher interest rates mean far fewer purchases and refinances — and lots of business for fintechs operating in the real estate industry. Fundings and M&A. Image Credits: Twitter.

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The Verge

JULY 24, 2020

With his personal bankruptcy plan approved, here are some of the most interesting things that surfaced in court Late last year, Faraday Future was supposed to meet with a Middle East sovereign wealth fund to discuss an investment that could have helped pull the struggling EV startup out of its perpetual financial nosedive.

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TechCrunch

MARCH 28, 2022

I’m interested in hearing what investors from Intel Capital , GM Ventures and Snow Bull Capital have to say about the industry and what strategic mobility investors are looking for in a startup. million Series A led by Ecosystem Integrity Fund. . In addition, the company is launching a mapping product for the AV industry.

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TechCrunch

AUGUST 4, 2022

The UAE took in 46% of the total venture capital received in the Middle East and Africa in 2021, according to the country’s Ministry of Economy. In 2017, the UAE created an artificial intelligence ministry position, which it filled with H.E. TechCrunch: Is the UAE’s venture capital presence fairly new? were invested in the UAE.

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TechCrunch

AUGUST 10, 2021

It sounds like a lot to build up, but Hasan points out that a lot of this is already done by the oil industry, which as you might guess is fairly ubiquitous in the region. The atmosphere is full of it, sure, but it’s not trivial to capture and compress enough to mineralize at industrial scales. Third is sourcing the CO2 itself.

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TechCrunch

MARCH 24, 2021

As the Ubers of the world continue to scale, a smaller on-demand transportation startup has raised some funding in Germany, underscoring the opportunities that remain for startups in the space targeting specific service niches. And while it is coming at an up round, Blacklane is not disclosing any figures, nor has it ever disclosed valuation.

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Fast Company Tech

MARCH 15, 2025

[Photo courtesy of Joby Aviation] Up in the air Jobys air taxis, which have been shown off during exhibition flights in New York and other cities, are catching a lot of lift recently , with the company having inked deals with Uber, Delta Air Lines, and Toyota, along with raising hundreds of millions of dollars in funding.

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