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after my first visit to the country of Qatar. The government of Qatar hosted the conference, and underwrote travel and accommodation. One of their recommendations was that there be a venture capital fund for investing in education. And, I had promised Abbas to connect him to the Mada Center in Qatar.
The investment follows KKR and Qatar Investment Authority together investing $1.7 Abu Dhabi sovereign-wealth fund’s investment will fetch it a […] Abu Dhabi Investment Authority is investing $597 million in Reliance Retail, valuing the largest Indian retail chain at a whopping $100 billion.
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.
Byju’s said Monday it has raised $250 million in new funding from existing backers as the Indian edtech giant looks to navigate the market downturn that has forced the firm to postpone its initial public offering and cut thousands of jobs. It did not identify other backers.
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
InnovaFeed , a vertical insect farm operator that’s rearing insects for animal and plant nutrition, has raised $250 million in a series D round of funding led by Qatar Investment Authority (QIA), Qatar’s sovereign wealth fund.
billion in venture funding , filed its S-1 Monday. Prior to the IPO, SoftBank’s Vision Fund holds slightly more than a one-third stake in the company. Other investors include the Canadian Pension Plan Investment Board, Fidelity, Wellington Management, and the Qatar Investment Authority, according to Crunchbase. billion.
Fanatics added that other major investors in the round included Major League Baseball (MLB) and its owners, the Major League Baseball Players Association (MLBPA), the NFL Players Association (NFLPA), the National Hockey League, Brooklyn Nets owner Joe Tsai via his fund Blue Pool Capital and the Qatar Investment Authority.
Payments company Checkout.com isn’t just a unicorn — it has closed a $1 billion Series D funding round. When it comes to today’s funding round, fasten your seatbelt, as the list of investors is quite long. With today’s funding round, Checkout.com will most certainly hire more people and sign new clients. The web3 opportunity.
Eat Just’s backers include the Qatar Investment Authority (the sovereign wealth fund of the state of Qatar), Vulcan Capital and C2 Capital Partners, which has Alibaba as its anchor investor.
Highlights of this Letter: SocialCoding4Good CityOptions Read2Go and Route 66 Literacy Selected Program Updates Human rights: Legal victory in Guatemala, PBS NewsHour stories Literacy: Major milestones for Bookshare at home and abroad SocialCoding4Good Just funded by the John S. and James L.
” The Qatar Investment Authority, Qatar’s sovereign wealth fund, led the new investment in Celonis. With an additional $1 billion in liquidity, Celonis will have maximum flexibility to aggressively innovate, capitalize on new market opportunities, and extend our market leadership.”
And to underscore that, today a company that’s built a marketplace to help connect people and companies in that larger set of relationships is announcing a big round of funding. Qatar Investment Authority (QIA) is leading this round, with Providence Public also participating. billion valuation. billion valuation.
Starling said it plans to use the funding to expand its lending operations in the U.K., Challenger bank Starling is out raising a new £200M funding round. The funding arrives at a critical time in consumer banking. Gross lending has passed £2 billion, with deposits at £5.4
In addition to the new partnership, Draftea, which was Sequoia’s first investment in a Mexican company, raised a round of fresh funding from backers new and old. The company is eyeing the FIFA World Cup in Qatar this November, expected to be this year’s biggest live sports event worldwide, as a major opportunity to gain traction.
Nigeria-based health tech startup Helium Health has acquired Meddy , a Qatar-headquartered and UAE-based doctor booking platform for an undisclosed amount. Meddy currently serves more than 150 private clients within the UAE and Qatar. Nigeria’s Helium Health raises $10M Series A for Africa expansion. The company, backed with just $1.8
The team is looking ahead to the FIFA World Cup in Qatar this November, expected to be this year’s biggest live sports event worldwide. . Draftea has 34 employees in total today and plans to double in size over the next couple months across all key areas, Jaime Misrahi said. Draftea founder and CEO, Alán Jaime Misrahi.
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. in its series B funding in 2019, and Swapp , which has partnered with Uber-owned Careem to offer flexible car rentals on the super app. million to date.
Siguler Guff, Baillie Gifford, affiliates of Carlyle Asia Partners Growth II and others financed VerSe Innovation’s Series I round, while existing investors Sofina Group, Qatar Investment Authority and BCap participated.
One of the biggest changes to Bookshare in the last ten years has been in the area of education, through funding from the Department of Education, Office of Special Education Programs (OSEP). This gave us the chance to say thank you to many people, and a number of very cool dogs, who have helped make Bookshare what it is today. Thanks again!
The FIFA World Cup will take place in Qatar this Fall. Our experienced Development staff will ensure that your next event is primed to bring in the necessary funds that you need to support your worthy cause. Every organization has a story to tell, and we want every deserving nonprofit to have the funds they need to change the world.
Aside from Bahrain, Qatar, Turkey and the United Arab Emirates, Fenix also has a presence in Saudi Arabia, specifically with its shared and subscription scooter service. Otherwise, the company is mainly relying on profits from its core micromobility business to fund these new business lines. Image Credit: Fenix.
billion cumulative viewers tuned in to watch the 2022 Qatar World Cup on Douyin. Variety shows, traditionally confined to television or long-form video platforms, have often been constrained by funding limitations during their pre-project phases in China. Official data reveals that 10.6
Meat has been part of the human diet since before we found fire, but it’s becoming increasingly apparent that the production of meat at scale is more of a detriment to the environment and the world than a benefit.
The round, led by the Qatar Investment Authority (QIA), follows last year’s $170 million raise. 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. Canada, Japan and additional parts of Europe.
The funding winter for the startup ecosystem may continue for another 12 to 18 months and the industry might have to grapple with a “lot of turmoil and volatility,” e-commerce giant Flipkart chief executive Kalyan Krishnamurthy has warned executives. This is going to be tough next year.
Today’s news comes out from the Middle East and Africa where Eksab , an Egyptian platform that says it’s making football more exciting and interactive for every fan in both regions through gaming and online community building, has raised $ 3million in seed funding.
million seed investment from A15; this brings its total funding raised from the VC firm to $3 million since its launch in 2018. Doss said Esaal services are available in 7 other countries across MENA and the GCC: Saudi Arabia, Tunisia, Kuwait, Qatar, Bahrain, Palestine and Iraq. million in 2021 and 130% between 2020 and 2021.
in new capital for SE Asia : James Murdoch and Uday Shankar have compiled a huge and new investment vehicle backed by the Qatar Investment Authority called Bodhi Tree. Per our coverage, Modal is building “a cohort-based learning platform that companies can use to help their existing employees learn new skills or shift disciplines.”
Qatar will provide natural gas supplies to Syria with the aim of generating 400 megawatts of electricity a day, in a measure to help address the war-battered countrys severe electricity shortages, Syrian state-run news agency SANA reported Friday.
A source tells us Founders Fund is also investing. May 25, 2023 ChatGPT app is now available in 11 more countries OpenAI announced in a tweet that the ChatGPT mobile app is now available on iOS in the U.S., Europe, South Korea and New Zealand, and soon more will be able to download the app from the app store.
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