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. Cars24, however, has followed a different playbook, exporting its model to several countries in the last year, starting with the UAE (July 2021), and then Australia and Thailand (both in October).

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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. and the UAE and counts manufacturing giants such as Hero MotoCorp, Vedanta, Tata Steel, Unilever and Air India and NTPC among its customers.

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TechCrunch

NOVEMBER 14, 2022

Silkhaus’s engineering team, split across the UAE city and Bangalore, is currently building out its technology stack, the company said in a statement. Sequoia Capital India and Founders Fund back UAE-based proptech startup Huspy in its $37M round.

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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.

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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.

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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.

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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.

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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.

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TechCrunch

OCTOBER 11, 2021

The round, which is a combination of equity and debt financing, lists investors from the Middle East, including DisruptAD and (the VC arm of ADQ, an Abu Dhabi-based sovereign wealth fund), and SHUAA (a major UAE asset management and investment banking firm). The biopharma industry uses more optimistic numbers.

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Marketing Raise UAE Industry 87

TechCrunch

FEBRUARY 14, 2022

MoneyHash clients cut across different industries: e-commerce, travel and tourism, and remittances, among others. Egypt, the UAE, Nigeria and some parts of Europe — and hire mid-level and senior software engineers. Abdelrazik said MoneyHash plans to become the AWS. of payments in the Middle East and Africa.

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TechCrunch

FEBRUARY 17, 2022

In Africa and the Middle East, most companies in the freight industry still use old-fashioned methods such as spreadsheets, phone calls and emails to manage their shipments. And that’s what Freterium, a YC-backed startup launched in 2020, is trying to build: a holistic approach to solving critical backend challenges of the freight industry.

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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. Ukrainian tech startups are dedicating their efforts to elevating the industry to new heights. Fintech is growing fast despite setbacks.

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TechCrunch

MARCH 14, 2023

It holds massive untapped potential, and we believe that One Impression is rightly positioned to be a global leader of the influencer industry. . “The creator ecosystem is at the cusp of a revolution. It also looks to make acquisitions in Dubai to boost its market presence.

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TechNode

AUGUST 8, 2023

In 2017, iMile was founded by Rita Huang, a former employee of Chinese tech giants Huawei and Alibaba Cloud, in Dubai, UAE. It will serve customers including Chinese brands looking to expand internationally, especially those in high-value industries such as automotive, solar energy, and consumer electronics, as stated in the report.

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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.

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TechCrunch

APRIL 18, 2022

Per reports, Egyptians spend about 30% of their income on food in a $17 billion restaurant industry, one of the largest in Africa and the Middle East. 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.

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Egypt Africa Raise UAE 99

TechCrunch

MARCH 29, 2023

A growing market : Christine writes that Italy’s ban on cultivated meat could set the industry back. And we have five more for you: Yeah, but does it use outside-in compression : Deep Render lands $9 million for its AI-powered video compression tech, Kyle reports. Is that you, Bob? And with that, we hope you have a Google day!

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Canada License Platform Raise 94

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.

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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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TechNode

NOVEMBER 20, 2024

The company has bucked an industry-wide weakening market this year, posting an 89.3% We combine the automobile manufacturing capability with the travel industry mindset. rise in vehicle sales for the first ten months of 2024, against an overall sales growth of only 3.2% (in Chinese).

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TechCrunch

AUGUST 7, 2022

” Plaid announced that financial services industry veteran Meghan Welch has joined the 1,200-plus-person company as its first chief people officer. In a written statement, Acorns CEO Noah Kerner said: “We’re building a generational company from the inside out with our customers at the center.”

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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. Low interest rates mean more purchases and refinances. In 2020, historically low interest rates led to a surge in both rates and purchases. Anita Ramaswamy digs in here. Read more from Annie Njanja here.

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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. The lawyer for Jia who spoke during the hearing did not specify which Middle Eastern sovereign wealth fund was interested, and a spokesperson for Faraday Future declined to comment.

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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.

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TechCrunch

AUGUST 10, 2021

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. The atmosphere is full of it, sure, but it’s not trivial to capture and compress enough to mineralize at industrial scales. Third is sourcing the CO2 itself.

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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.

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Fast Company Tech

MARCH 15, 2025

Joby is expected to start carrying passengers in the UAE as early as this year. While there is plenty of electricity in the air about these types of vehicles, they remain part of a speculative industry with regulatory hurdles and a ways to go before their path to the skies become clear. That means rapid transit around the U.K.

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