This site uses cookies to improve your experience. To help us insure we adhere to various privacy regulations, please select your country/region of residence. If you do not select a country, we will assume you are from the United States. Select your Cookie Settings or view our Privacy Policy and Terms of Use.
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Used for the proper function of the website
Used for monitoring website traffic and interactions
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Strictly Necessary: Used for the proper function of the website
Performance/Analytics: Used for monitoring website traffic and interactions
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.
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.
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.
Payments company Checkout.com isn’t just a unicorn — it has closed a $1 billion Series D funding round. With its Series C round , the company raised $450 million at a $15 billion valuation — it represents a 167% valuation jump in 12 months, which is not too bad. Why did Checkout.com raise so much money? Because they can.
Trendyol , an e-commerce platform based in Turkey, has raised $1.5 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. .
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
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.
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. The Middle East-based startup, founded by Eslam Ahmed Hussein and Pulkit Ganjoo in 2019, has raised $14.3 There is Ekar, which last raised $17.5
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. Growth industry.
VerSe Innovation, the parent firm of popular news aggregator Dailyhunt and short video app Josh, said on Thursday it has raised over $450 million in a new financing round, just five months after securing $200 million , as the Indian startup looks to expand its offerings to international markets.
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.
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.
The deal marked a 50% increase from the $18 billion valuation assigned to Fanatics during its previous raise last August. billion in revenue in 2017 when it closed on $1 billion in funding led by SoftBank Group’s Vision Fund. Fanatics has raised a total of $4.2 billion in funding, according to Crunchbase.
Technically an extension of Celonis’ Series D, the infusion brings the late-stage startup’s total capital raised to $2.4 ” The Qatar Investment Authority, Qatar’s sovereign wealth fund, led the new investment in Celonis. Other participants include Activant Capital, Arena Holdings, T.
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. Nigeria’s Helium Health raises $10M Series A for Africa expansion. Meddy currently serves more than 150 private clients within the UAE and Qatar.
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. Founder and CEO Aly Mahmoud started Eksab in 2018.
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. kr is a mobile app for “outdoor enthusiasts and campers” to help them book campsites, and it just raised a few million dollars. Today in startup names : S?kr
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. Publicly, Fenix has only raised $5 million, most, if not all, of which probably went toward the company’s purchase of Turkish e-scooter operator Palm.
million seed investment from A15; this brings its total fundingraised 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.
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). We are committed to regularly raising the bar on the level of accessibility we can offer. Thanks again! Is Spanish more your bag?
We organize all of the trending information in your field so you don't have to. Join 12,000+ users and stay up to date on the latest articles your peers are reading.
You know about us, now we want to get to know you!
Let's personalize your content
Let's get even more personalized
We recognize your account from another site in our network, please click 'Send Email' below to continue with verifying your account and setting a password.
Let's personalize your content