TechCrunch

JUNE 22, 2022

That’s something that promises a lot of incoming for service providers in the sector, and it’s part of why the company is raising money. but global expansion is the main reason we pulled the capital up. Multiple countries want things like this and drone companies are going global too,” he continued.

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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

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. Creators’ immersive content collaborations have also been a core driver for VUZ content, where its top creators get over 100 million views globally.

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TechCrunch

DECEMBER 19, 2021

Cars24 , a startup out of India that has built an app and website for selling used cars and motorbikes, has raised $400 million: a Series G of $300 million in equity and a further $100 million in debt. It’s not the only one: a month ago, Spinny , another startup in the used-car space raised $280 million. billion, versus $1.84

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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

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

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

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

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

MARCH 6, 2022

Tabby , the Dubai-based buy now, pay later (BNPL) platform that lets users shop, pay later and earn cash from over 3,000 global brands, including Adidas, IKEA and Bloomingdale, has completed a Series B extension of $54 million. Its two main markets are Saudi Arabia and the UAE. The company has over 1.1

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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.” . Riiid has been actively penetrating the global market since 2020 after it opened the U.S.

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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

MARCH 8, 2021

Since launching in Egypt, Koinz has expanded to Saudi Arabia and the UAE. Besides, consumers in the Middle East are outpacing the global appetite in food delivery, with 64% ordering in at least once a week compared to 40% made by global consumers. Like Egypt, these markets have similar dynamics and demographics.

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TechCrunch

JULY 19, 2022

Bloom , a Sudan-based fintech that offers a high-yield savings account and adjacent digital banking services, has raised a $6.5 based VCs Global Founders Capital (GFC) and Goodwater Capital and UAE-based early-stage firm VentureSouq. million seed 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 million since its inception in 2019, which includes its $2.1

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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

MARCH 14, 2023

has raised $10 million in a funding round led by the South Korean gaming company Krafton. 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.

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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 Venture capital firms that participated in the round include Nuwa Capital, Nordstar, Global Founders Capital, Yuj Ventures, Whiteboard Capital and VentureSouq. Businesses had traditionally always stayed in hotels.

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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 As online payments boomed globally and in Egypt and upon finding out via research that the market size for last-mile delivery in MENA stands at over $3.1 million in seed funding.

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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.”. But there’s recent activity suggesting that growth is imminent in the African proptech space.

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TechCrunch

AUGUST 7, 2022

The company has raised over $86 million over its lifetime and counts NewView Capital and SoftBank’s SB Opportunity Fund among its backers. Meanwhile, Yaydoo has raised over $20 million from investors such as Base10 Partners, monashees, SB Opportunity Fund and Leap Global Partners. Klarna recently raised $800 million at a $6.7

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TechCrunch

FEBRUARY 21, 2023

The new round takes FreshToHome’s all-time raise to over $250 million. FreshToHome today serves over 4,000 fishers and farmers and millions of customers in over 160 cities in India and the UAE and offers more than 2,000 certified fresh and chemical-free products.

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TechCrunch

FEBRUARY 8, 2023

This round included $5 million in debt from global impact fund IIX and an undisclosed national bank. The fresh funding brings Zypp Electric’s total raised to $37.5 The startup is eyeing Southeast Asia, the UAE and Europe as its first potential global markets. 6x from the last round. million, including $7.5

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TechCrunch

JANUARY 21, 2021

By the end of last year, the annual Israeli Tech Review 2020 showed that Israeli tech firms had raised a record $9.93 Israeli startups closed out December 2020 by raising $768 million in funding. And in 2020, Israeli companies made 121 funding deals on the Tel Aviv Stock Exchange and global capital markets, raising a total of $6.55

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TechCrunch

FEBRUARY 19, 2023

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 In June of 2021, the company raised $150 million at a $2.17 The B2B payments company raised $200 million at a unicorn valuation in 2021. billion valuation.

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TechCrunch

AUGUST 28, 2022

At the same time, as the venture market slowed dramatically and suddenly, raising capital was much harder. In a press release , co-founder and chairman Amit Haller said “the challenging real estate and financial market conditions and unfavorable capital-raising environment” led to the decision to wind down operations. Ahem, Brex).

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TechCrunch

MARCH 28, 2022

Japan’s Terra Drone raised a $70 million Series B led by Mitsui Corporation. Kyte raised $200 million in asset-backed credit financing from Goldman Sachs and Ares Global Management to pay for new vehicles that will fuel the on-demand car rental startup’s expansion. Other deals that got my attention…. million.

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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.

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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

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. How it would be paid for is a bit of an open question in the exact particulars, but what’s clear is a global corporate appetite for carbon offsetting.

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