TechCrunch

FEBRUARY 21, 2023

Indian startup FreshToHome, which sells fresh fish and meat to consumers in the South Asian market and the Middle East region, has courted a new backer: Amazon. Amazon, through its India-focused Smbhav Venture Fund , has led a $104 million Series D financing round in the Bengaluru-headquartered startup, the two said Tuesday.

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TechCrunch

DECEMBER 19, 2021

MAX ) is planning to enter more markets across Africa as it races towards formalizing the continent’s transportation sector after securing $31 million in Series B funding. The funds will also be used to extend vehicle financing credit to over 100,000 drivers in the next two years.

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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. . CEO Aahan Bhojani and Ashmin Varma founded Silkhaus last year after identifying a $13 billion market opportunity for asset owners across emerging markets, particularly MENA, South Asia and Southeast Asia.

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TechCrunch

DECEMBER 8, 2021

San Francisco-based venture debt fund Partners for Growth funded Opontia’s debt financing. TechCrunch gathered that Opontia has somewhat switched focus on its target market. We’re definitely going to Africa; we just are doing the biggest markets first.

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TechCrunch

JANUARY 24, 2023

The United Arabs Emirates (UAE) and Saudi Arabia became the first member states to adopt the treaty in 2018, and its implementation meant that for the first time businesses in these territories were required to file VAT returns periodically. Wafeq is a ratified provider in Saudi Arabia, and the UAE (e-invoicing is not mandatory there yet).

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TechCrunch

AUGUST 22, 2021

Then for the suppliers, it increases their sales and reaches more customers without necessarily spending on marketing. Over 50,000 car owners across three markets — Egypt, the UAE and Saudi Arabia — use Odiggo. Odiggo will use part of the funding to continue developing its tech and dashboard software, he said.

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TechCrunch

AUGUST 9, 2021

billion in a massive funding round that values the company at $16.5 General Atlantic, SoftBank Vision Fund 2, Princeville Capital and sovereign wealth funds, ADQ (UAE) and Qatar Investment Authority co-led the round. . Trendyol , an e-commerce platform based in Turkey, has raised $1.5

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TechCrunch

NOVEMBER 15, 2021

Micro and small businesses in emerging markets still struggle to access digital payments for several reasons. million in seed funding at a valuation of $50 million. 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.

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TechCrunch

AUGUST 23, 2022

Dubai-based Zywa, a neobank for Gen Z, plans to fuel its growth in the United Arabs Emirates (U.A.E), and to kick-start its expansion to Saudi Arabia and Egypt after raising $3 million seed funding at over $30 million (110 million AED) valuation. The new funding follows the $1 million pre-seed backing it secured in February this year.

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TechCrunch

DECEMBER 16, 2021

It pushes the company’s total funding to north of $600 million, while placing its valuation “well” north of $1 bililion, earning its place as Europe’s first vertical farming unicorn. ” Much of the funding will go toward Infarm’s international expansion plans, with sights set on the U.S., The Bowery Farming TC-1.

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TechCrunch

OCTOBER 31, 2022

Invygo, a startup operating in UAE and Saudi Arabia, has raised $10 million in its Series A funding led by MEVP as it works to scale its car rental service in the region. Roughly 200 cars are available for subscription in Saudi Arabia and 100 in UAE on the platform on a typical day. million to date.

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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, SkyCell’s temperature excursion rate is less than.1%,

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TechCrunch

OCTOBER 7, 2021

The acquisition comes after the company’s latest $175 million Series D round from SoftBank’s Vision Fund 2 in May. Riiid has said it will continue to fuel its global expansion with the funding. . By leveraging this investment, we will capture broader Japanese market opportunities. billion in 2020, increasing 22.4%

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TechCrunch

DECEMBER 19, 2021

With supply chains in the automotive industry continuing to be disrupted due to Covid-19, demand has surged in the used-car market. Today, one of the startups that’s seeing a lot of growth as a result of that is announcing a big round of funding to further tap the opportunity. billion, versus $1.84 billion three months ago.

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Fast Company Tech

MARCH 18, 2025

Nvidia kicked off the AI race by providing the computing power with its market-dominating graphics processing units (GPUs). is the first mass market AI model that is natively multimodal, meaning that it can process and generate images, video, audio, and computer code the same way it does text. enterprise market during 2024.

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TechCrunch

OCTOBER 4, 2022

million seed funding led by Los Angeles–based early-stage VC firm MaC Venture Capital. One, startups are building solutions identical to other emerging markets, such as QuintoAndar in Latin America, Huspy in the UAE and NoBroker in India. Now it is announcing the completion of its $2.6

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TechCrunch

NOVEMBER 15, 2021

Jordan-based online learning platform Abwaab has raised $20 million in a Series A funding round (following a $5 million seed round in March of this year), making it one of the most funded edtech startups in the Middle East, North Africa and Pakistan (MENAP), a region that encompasses 160 million students.

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TechCrunch

AUGUST 31, 2021

At the same time, it has raised $35 million in a Series C funding round led by UAE-based investor Mubadala. In a statement, Mike Alexandrovski, founder of Borzo, said: “With the new round closed we continue to move toward our goal of becoming one of the top courier delivery companies in every market we operate in.

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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

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. Its two main markets are Saudi Arabia and the UAE.

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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. If they do, they’re doing it at a price point that’s so high that they’ve already priced out the market in that sense,” Olubusi said to TechCrunch. Helium Health.

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TechCrunch

MAY 10, 2022

Mylerz , a Cairo-based e-commerce fulfillment startup, plans to enter three new markets in North Africa and expand across Egypt over the next three months against the backdrop of the $9.6 million funding it has just secured. Manara gets $3M to grow tech talent pool in the Middle East and North Africa.

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TechCrunch

MARCH 14, 2022

.” The company closed a $27 million round led by Red Dot Capital , with participation from strategic philanthropy investors Menomadin Foundation , Smart Agro Fund and others. The round brings SupPlants’s total funding to date to more than $45 million. Our solution enables the UAE to save 70% of its water consumption.

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TechCrunch

JULY 11, 2022

Rumors have been circulating for at least the past month that Sweden-based Klarna, best known as a “ buy now, pay later ” service provider, was seeking to raise new funds. Initial reports suggested this valuation would be in the region of $15 billion, representing a sharp decline on its $45.6 billion valuation exactly a year ago.

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TechCrunch

FEBRUARY 28, 2022

In addition, Volopay will hire aggressively in each of its new markets. . Since Volopay has entered the Singaporean and Australian markets, the startup now eyes the entire APAC region and MENA countries such as UAE, Saudi Arabia and Egypt, Rajith said in an interview, adding that the growth prospects in those countries are immense. .

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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. Qureos says it’s creating new learning and work opportunities for millions of youth.

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TechCrunch

FEBRUARY 14, 2022

It’s an extensive process that has seen some Big Tech companies build dedicated teams to manage different connections, data and cycles with the payments gateways in the markets where they are present. based MoneyHash is one such company, emerging from beta with $3 million in pre-seed funding. In the U.S., Egypt and U.S.-based

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TechCrunch

OCTOBER 13, 2022

Investors in the round include Caruso Ventures, Vision VC Fund, e& capital, investment pillar of e& (formerly known as Etisalat Group), DFDF (Dubai Future District Fund), WIN (Webit Investment Network), SRMG, Elbert Capital, and Yasta Partners, Faith Capital, Panthera Capital. Seven existing investors participated as well.

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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. Today the U.S. Weekly News. Counting 300 U.S.-based

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TechCrunch

JANUARY 17, 2023

According to a statement shared by the Dubai-based company, the funding will be used to expand Tabby’s product line into a plethora of consumer financial services and support the company’s growing operations that now include Egypt. Now, the economy’s structure is different for some of the markets we [Tabby] are in today.

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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

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

FEBRUARY 17, 2022

CDG Invest, Y Combinator, Flexport, Swiss Founders Fund, Outlierz Ventures, and a few angel investors from the U.S., We have been looking closely at the freight trucking market in Africa and the Middle East for the past five years, a market worth $250 billion. San Fransisco-based investor Partech led the round.

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TechCrunch

JULY 19, 2022

based VCs Global Founders Capital (GFC) and Goodwater Capital and UAE-based early-stage firm VentureSouq. The plan is to scale in the country and then expand to other markets,” Ismail stated. “We We anticipate being in at least one market before the end of the year and a couple more early next year.”.

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TechCrunch

FEBRUARY 19, 2023

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. Kikoff is hiring for 10 roles (a mix of hybrid and remote), including senior product manager, associate product manager, senior product designers, engineers and a growth marketing manager.

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TechCrunch

MAY 30, 2022

Others include developing its proprietary technology stack and growing its three models — where it makes $5 million in MRR — across existing and new markets, it said in a statement. SWVL is present in 13 markets globally: the UAE, Egypt, Kenya, Germany, Spain, Italy, Switzerland, Turkey, Japan, Argentina, Saudi Arabia, Jordan and Pakistan.

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TechCrunch

FEBRUARY 8, 2023

The cash from Gogoro is an extension of a strategic partnership between the two companies, and a signal of Gogoro’s continued commitment to the Indian market. Zypp Electric will use the funds to expand its fleet from 10,000 to 200,000 bikes and widen its footprint to 30 Indian cities by December 2025. 6x from the last round.

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