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

TechCrunch

Detroit-based Airspace Link has positioned itself as a provider of increasingly important infrastructure in the burgeoning drone services space, letting operators get local and federal approval quickly. “Municipalities are white-labelling the Airspace Link platform and saying, ‘That’s Michigan’s system.’

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Dubai-based Stake raises $8 million to let people across the globe invest in local properties

TechCrunch

Dubai-based startup Stake is offering retail investors from across the globe to buy fractions of rental property in UAE’s marquee city and earn regular income. The startup, found in 2020, claims that because of Dubai’s real-estate rules it has managed to attract investing users on the platform from over 80 countries in the world.

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Nomod raises $3.4M seed to allow merchants accept payments without hardware

TechCrunch

based fintech Nomod allows these businesses to bypass the card terminal by providing a platform to accept card payments on their phone with no extra hardware. The plan for the company is to provide merchants with access to accounts, cards, local payment networks and lending. The company has raised $3.4 Omar Kassim (Nomod CEO).

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Pluto lands funding from corporate spend giants to build ‘Ramp for the Middle East’

TechCrunch

That has accelerated card acceptance –– with 90% card acceptance rates in the UAE and Saudi Arabia by some estimates — in the region. It is gearing up to formally launch in the UAE and Saudi Arabia in the coming weeks. and the UAE. Egypt’s Paymob closes $18.5M Series A to expand payments services across MENA.

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Invygo raises $10M to make long-term car subscription a breeze

TechCrunch

Invygo, a startup operating in UAE and Saudi Arabia, has raised $10 million in its Series A funding led by MEVP as it works to scale its car rental service in the region. On the platform, the company provides car details like model number, year of the make, and kilometers the car has clocked. million to date.

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Abwaab raises $20M Series A led by BECO Capital to expand across MENA and Pakistan

TechCrunch

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. Abwaab on tablet.

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

TechCrunch

The exceptional capacity of Langoo in its local business with Riiid Tutor was the main reason for this acquisition,” said co-founder and CEO of Riiid YJ Jang. The company expects to address local remote learning and education in the market. Byju’s acquires coding platform Tynker for $200 million in US expansion push.

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