Global, Industry and UAE - Nonprofit Technology

Airspace Link’s drone tracking platform gathers government customers before going global

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.

Government

Government Global Track Platform

The First AI Center of Excellence Announced in the United Arab Emirates – Powered by DataRobot

DataRobot

AUGUST 1, 2022

As Senior Technical Analyst at GlobalData, Beatriz Vale explains “It will be exciting to follow the evolution of the new AI CoE, in the stimulating environment offered by Hub71, and within the context of the fast-growing market of Abu Dhabi and the UAE, the second largest economy in the Arab world.” Industry Analyst Report.

United Arab Emirates

United Arab Emirates UAE Morocco Egypt

SoftBank-backed Indian insurance platform Policybazaar raises $75 million

TechCrunch

MARCH 17, 2021

Policybazaar has raised $75 million as the Indian online insurance platform looks to expand its presence in UAE and Middle East. Within the under-penetrated landscape, digital distribution through web-aggregators like Policybazaar forms <1% of the industry.

Platform

Platform Raise UAE India

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The Everyday Donor: Unlocking Prospecting Segments Through Behavior Analysis

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

TechCrunch

MAY 24, 2021

This investment is only the beginning of our journey in creating a new industry ecosystem and we will carry out this mission with global partnerships.” Riiid wants to transform education with AI, and achieve a true democratization of educational opportunities,” said Riiid CEO YJ Jang in a statement.

Saudi Arabia

Saudi Arabia Learning Global Platform

SoftBank-backed Korean edtech startup Riiid acquires Langoo, expands in Japan

TechCrunch

OCTOBER 7, 2021

Riiid has said it will continue to fuel its global expansion with the funding. . This acquisition is the first step in an inorganic strategy to ultimately apply Riiid’s AI technology to the global market and help more learners around the world.” . The Japanese remote learning industry was estimated at $2.6

Japan

Japan South Korea Saudi Arabia Vietnam

Daily Crunch: After raising $3M seed, global fintech platform Payday plans to secure licensing in Canada, UK

TechCrunch

MARCH 29, 2023

A growing market : Christine writes that Italy’s ban on cultivated meat could set the industry back. Daily Crunch: After raising $3M seed, global fintech platform Payday plans to secure licensing in Canada, UK by Christine Hall originally published on TechCrunch Is that you, Bob? And with that, we hope you have a Google day!

Canada

Canada License Platform Global

India’s Moglix valued at $2.6 billion in $250 million funding

TechCrunch

JANUARY 27, 2022

billion from $1 billion just eight months ago as the Indian industrial business-to-business marketplace aggressively scales its offerings in many parts of the world. Moglix will increasingly focus on growth driven by supply chain financing, acquisition of the right partners and global expansion.”.

Fund

Fund India UAE Singapore

India’s Cars24, a used-vehicle sales platform, raises $400M, now at a $3.3B valuation, to double down on growth

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. Alpha Wave Global (which co-led the last round under its previous brand , Falcon Edge Capital) is leading this Series G, with participation from other existing investors. billion, versus $1.84

India

India UAE Australia Raise

Qureos raises $3M to grow its learn to earn platform

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.

Platform

Platform Learning Africa Raise

ShipBlu bags $2.4M for its e-commerce and fulfilment service in Egypt

TechCrunch

OCTOBER 31, 2021

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.

Egypt

Egypt Service Saudi Arabia UAE

Silkhaus gets $7.75M to digitize short-term rentals across emerging markets

TechCrunch

NOVEMBER 14, 2022

Venture capital firms that participated in the round include Nuwa Capital, Nordstar, Global Founders Capital, Yuj Ventures, Whiteboard Capital and VentureSouq. Silkhaus’s engineering team, split across the UAE city and Bangalore, is currently building out its technology stack, the company said in a statement.

Digital

Digital Marketing UAE Asia

Egypt’s customer engagement platform for F&B brands in MENA, Koinz, raises $4.8M seed

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.

Saudi Arabia

Saudi Arabia Egypt Platform Aggregator

Krafton backs Indian influencer marketing platform One Impression in $10M funding

TechCrunch

MARCH 14, 2023

It also plans to unlock it for LinkedIn and Moj in India and TikTok for global markets over time. It holds massive untapped potential, and we believe that One Impression is rightly positioned to be a global leader of the influencer industry. Currently, One Impression has enabled its platform for Instagram and YouTube.

Influence

Influence Platform Fund Marketing

Lockheed, Masten, and ispace will talk going to the moon (and back) at TC Sessions: Space

TechCrunch

OCTOBER 28, 2021

NASA and the private space industry aim to make the most of the lunar surface, and to do so they need to study the environment in the next frontier — as leaders from ispace, Lockheed Martin, and Masten Space will explain at TC Session: Space on December 14-15. ecosystem as well.

UAE

UAE Chad Japan Sample

5 reasons why Ukraine’s fintech sector is growing despite war

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. Global finance and tech firms are supporting Ukraine. Ukrainian tech startups are dedicating their efforts to elevating the industry to new heights.

Ukraine

Ukraine UAE License Europe

In times of crisis, fintech startups should take the long view instead of hibernating

TechCrunch

NOVEMBER 10, 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. The industry saw 1,619 job cuts in May, compared to 440 in the first four months of the year. More posts by this contributor.

Time

Time Ukraine UAE Problem

Israel’s startup ecosystem powers ahead, amid a year of change

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. After a record year for Israeli startups, 16 investors tell us what’s next.

United Arab Emirates

United Arab Emirates Israel Change Tech

JETOUR: China’s Jeep and Land Rover looks for a way forward

TechNode

NOVEMBER 20, 2024

The company has bucked an industry-wide weakening market this year, posting an 89.3% One of the exhibits at this years JETOUR global travel+ conference that highlighted the companys unique user-centric approach, with a focus on off-road travel, is a kind of window glass specifically designed for the desert.

United Arab Emirates

United Arab Emirates South Africa Saudi Arabia China

Q3 outlook forecasts cloudy days ahead for fintech M&A

TechCrunch

AUGUST 7, 2022

Meanwhile, Yaydoo has raised over $20 million from investors such as Base10 Partners, monashees, SB Opportunity Fund and Leap Global Partners. ” Plaid announced that financial services industry veteran Meghan Welch has joined the 1,200-plus-person company as its first chief people officer. Kenyan insurtech Lami raises $3.7M

Brazil

Brazil Fund Pakistan Mexico

The Station: Uber seals a deal with NYC taxis, Aurora rolls into ride-hailing and LG Energy invests in North America

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. In addition, the company is launching a mapping product for the AV industry.

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Burn, baby, burn. Real estate-focused fintech startups feel the heat

TechCrunch

AUGUST 28, 2022

Higher interest rates mean far fewer purchases and refinances — and lots of business for fintechs operating in the real estate industry. Rowe Price reduced the value of its stake in Stripe, part of its Global Technology Fund, the latest reduction in its worth is not unique. Low interest rates mean more purchases and refinances.

United Arab Emirates

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Faraday Future founder’s bankruptcy spiked a potential deal in the Middle East

The Verge

JULY 24, 2020

Saudi Arabia’s Public Investment Fund already owns a majority stake in fellow EV startup Lucid Motors, and the UAE and Kuwait have even bigger sovereign funds. Instead, these loans were largely made up of individual contributions from the members of Faraday Future’s “Global Partners” management team of executives.

Files

Files Pledge Chapter China

UAE aims to convert oil wealth into tech prowess

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.

UAE

UAE United Arab Emirates Tech Government

44.01 secures $5M to turn billions of tons of carbon dioxide to stone

TechCrunch

AUGUST 10, 2021

Reducing global greenhouse gas emissions is an important goal, but another challenge awaits: lowering the levels of CO2 and other substances already in the atmosphere. 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.

Oman

Oman Iceland UAE Process

Berlin’s Blacklane raises $26M to expand its high-end chauffeur-driven sustainable car service

TechCrunch

MARCH 24, 2021

The global travel and mobility industries have suffered, with several players struggling between drastic cuts, hibernation or ceasing operations. The company said that the investment is coming from existing investors German automotive giant Daimler, the UAE’s ALFAHIM Group and btov Partners.

Service

Service Raise Los Angeles UAE

Nonprofit Technology

Airspace Link’s drone tracking platform gathers government customers before going global

The First AI Center of Excellence Announced in the United Arab Emirates – Powered by DataRobot

Webinars

Trending Sources

SoftBank-backed Indian insurance platform Policybazaar raises $75 million

Webinars

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

SoftBank-backed Korean edtech startup Riiid acquires Langoo, expands in Japan

Daily Crunch: After raising $3M seed, global fintech platform Payday plans to secure licensing in Canada, UK

India’s Moglix valued at $2.6 billion in $250 million funding

India’s Cars24, a used-vehicle sales platform, raises $400M, now at a $3.3B valuation, to double down on growth

Qureos raises $3M to grow its learn to earn platform

ShipBlu bags $2.4M for its e-commerce and fulfilment service in Egypt

Silkhaus gets $7.75M to digitize short-term rentals across emerging markets

Egypt’s customer engagement platform for F&B brands in MENA, Koinz, raises $4.8M seed

Krafton backs Indian influencer marketing platform One Impression in $10M funding

Lockheed, Masten, and ispace will talk going to the moon (and back) at TC Sessions: Space

5 reasons why Ukraine’s fintech sector is growing despite war

In times of crisis, fintech startups should take the long view instead of hibernating

Israel’s startup ecosystem powers ahead, amid a year of change

JETOUR: China’s Jeep and Land Rover looks for a way forward

Q3 outlook forecasts cloudy days ahead for fintech M&A

The Station: Uber seals a deal with NYC taxis, Aurora rolls into ride-hailing and LG Energy invests in North America

Burn, baby, burn. Real estate-focused fintech startups feel the heat

Faraday Future founder’s bankruptcy spiked a potential deal in the Middle East

UAE aims to convert oil wealth into tech prowess

44.01 secures $5M to turn billions of tons of carbon dioxide to stone

Berlin’s Blacklane raises $26M to expand its high-end chauffeur-driven sustainable car service

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