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

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

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 It is gearing up to formally launch in the UAE and Saudi Arabia in the coming weeks. and the UAE.

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TechCrunch

NOVEMBER 15, 2021

The company has raised $3.4 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. In the UAE, it can take nearly six months to set up a business bank account.

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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. Dostavista, the ‘crowdsourced’ same-day delivery service, raises $15M Series B. That left-of-field thinking has seen it expand to countries not typically touched by the bigger delivery startups.

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TechCrunch

APRIL 24, 2022

Zenda , a UAE-based startup looking to change how parents pay school bills, and the way educational institutions manage fee collection, is eyeing Africa as its next frontier for growth. million seed funding it has raised. million seed funding it has raised. Qureos raises $3M to grow its learn to earn platform.

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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

JULY 11, 2022

European fintech Klarna has confirmed that it has raised $800 million at a pretty hefty valuation drop. 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. billion valuation exactly a year ago.

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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

MARCH 14, 2023

has raised $10 million in a funding round led by the South Korean gaming company Krafton. The Krafton-led, all-equity Series A funding round also saw participation from Peer Capital. Krafton backs Indian influencer marketing platform One Impression in $10M funding by Jagmeet Singh originally published on TechCrunch

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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. The reason that Blacklane has managed to raise at an up round tells another side of the story, however.

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TechCrunch

FEBRUARY 21, 2023

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. This is the largest check that the $250 million Smbhav Venture Fund has written so far. The new round takes FreshToHome’s all-time raise to over $250 million.

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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

DECEMBER 19, 2021

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. Cars24 is not only on a scaling, but also a funding, tear: it additionally raised $200 million last December, putting the total raised in the last year to about $840 million.

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TechCrunch

DECEMBER 8, 2021

E-commerce roll-up play Opontia launched in June, raising $20 million in debt and equity to acquire older, small e-commerce brands in the Middle East and Africa. Roll-up plays are generally known to secure more debt than equity when they raise mega-round deals.

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TechCrunch

MAY 10, 2022

million funding it has just secured. Mylerz growth funding round was led by Lorax Capital Partners, an Egypt-based private equity firm with participation from Fawry, one of the biggest e-payment companies in Egypt. Egyptian fintech Paymob raises $50M led by PayPal Ventures and Kora Capital.

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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

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

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

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. Autio, a location-based audio entertainment app co-founded by actor Kevin Costner and formerly known as HearHere, has raised $5.9 The funding round was led by iHeartMedia, Aisha reports.

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TechCrunch

APRIL 18, 2022

Following two years of bootstrapping, the company has raised $4.5 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. 4DX Ventures closes second fund with $60M, adds Dikembe Mutombo as senior advisor.

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TechCrunch

JANUARY 27, 2022

Alpha Wave Global (formerly called Falcon Edge Capital), which led the seven-year-old startup’s previous funding , has returned alongside Tiger Global to co-lead a $250 million Series F financing round, the startup said. Hong Kong-based Ward Ferry also participated in the round, bringing its all-time raise to about $470 million.

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TechCrunch

JANUARY 17, 2023

MENA-based buy now, pay later startup Tabby has raised $58 million, led by Sequoia Capital India and STV, at a valuation of $660 million. The fintech has raised more than $410 million in equity and debt since its 2019 launch. . Dubai-based buy now, pay later platform tabby raises $50M at $300M valuation.

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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. On top of a $62 million round that closed last year, the company has now raised a $35 million Series C to improve shipping of temperature-sensitive drugs — including COVID-19 vaccines. .

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TechCrunch

OCTOBER 4, 2022

So instead of going out and raising venture capital, we decided that we were going to bootstrap because we could convince some landlords to list their homes on this platform that we had built and derisk some of their problems.”. million seed funding led by Los Angeles–based early-stage VC firm MaC Venture Capital.

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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

FEBRUARY 28, 2022

Volopay , a Singapore-based fintech startup, raised a $29 million Series A in debt and equity financing as it seeks to further expand its footprint in Asia-Pacific, the Middle East and North Africa. . To date, Volopay has raised approximately $31.4 Volopay’s Series A round, for example, was led by JAM Fund, an existing investor.

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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. . Korea’s Riiid raises $175M from SoftBank to expand its AI-based learning platform to global markets.

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TechCrunch

MARCH 14, 2022

The company just raised $27 million to continue fertilizing and watering its own growth trajectory. ” 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. That comprises 2.1 million trees. ”

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TechCrunch

MARCH 8, 2021

Since launching in Egypt, Koinz has expanded to Saudi Arabia and the UAE. You’ll hear first-hand how some of the most successful founders and VCs build their businesses, raise money and manage their portfolios. These consumers have redeemed almost 300,000 rewards, while almost 800,000 customers have left reviews.

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TechCrunch

OCTOBER 31, 2021

Summer batch graduate ShipBlu is the latest on that list and confirmed to TechCrunch that it has raised $2.4 million in seed funding. African e-commerce fulfilment startups backed by Y Combinator seem to be piquing investors’ interest this year for their niche e-commerce play.

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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

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

NOVEMBER 29, 2021

million it has raised in the pre-seed round to fund expansion within the U.A.E. We plan to use the majority of newly secured funding to boost our growth. We see that the level of development of the e-grocery in the UAE is far from Russia, where express delivery services have achieved incredible success.

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Fast Company Tech

MARCH 18, 2025

In June, the company raised a $640 million funding round, led by the venture capital firm General Catalyst. The startup also raised a $68 million funding round from investors such as HuggingFace CEO Clement Delangue. Mistral has seen success in Europe by marketing itself as a low-cost and flexible alternative to U.S.

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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 million in seed funding, money it plans to use for expansion across South Asia, Southeast Asia and the MENA region. . Sequoia Capital India and Founders Fund back UAE-based proptech startup Huspy in its $37M round.

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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. The consumer fintech company is focused on helping people build credit and raised $30 million in June 2021. In June of 2021, the company raised $150 million at a $2.17

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