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Y Combinator, 500 Startups, Plug and Play invest in Odiggo’s $2.2M seed round

TechCrunch

Then for the suppliers, it increases their sales and reaches more customers without necessarily spending on marketing. Over 50,000 car owners across three markets — Egypt, the UAE and Saudi Arabia — use Odiggo. Odiggo is part of the current YC Summer batch and has secured a $2.2

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Grocery delivery firm Dingdong Maicai becomes latest Chinese company to enter Saudi market

TechNode

Dingdong Maicai, a New York-listed Chinese e-commerce company specializing in fresh groceries, has officially launched its international expansion with Saudi Arabia as its first overseas market. Some roles are based in Riyadh, the capital of Saudi Arabia. Sina.com, in Chinese ]

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Sequoia Capital India, STV back Dubai-based BNPL provider tabby in $54M extension round

TechCrunch

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. What’s your BNPL startup really worth?

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Dragos raises $110M Series C as demand to secure industrial systems soars

TechCrunch

The round also saw participation from Saudi Aramco Energy Ventures and Hewlett Packard Enterprise, as well as return investors Allegis Cyber, Canaan Partners, DataTribe, Energy Impact Partners and Schweitzer Engineering Labs. But the country has faced extensive criticism for its human rights record by international rights groups.

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

TechCrunch

The funding is coming at a high-watermark moment for edtech — with the shift to remote learning in the last year of pandemic living highlighting the opportunity to build better tools to serve that market, and a number of startups in the category subsequently raising hundreds of millions of dollars to tackle the opportunity.

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Palm.hr raises $5M, embarks on MENA growth

TechCrunch

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. “We

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

TechCrunch

By leveraging this investment, we will capture broader Japanese market opportunities. 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 company expects to address local remote learning and education in the market.

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