TechCrunch

MAY 24, 2021

This is Equity Monday, our weekly kickoff that tracks the latest private market news, talks about the coming week, digs into some recent funding rounds and mulls over a larger theme or narrative from the private markets. With a busy funding market and a yet-busy IPO cycle, it should be yet another busy week.

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Fund UAE Podcast India 83

TechCrunch

AUGUST 9, 2021

General Atlantic, SoftBank Vision Fund 2, Princeville Capital and sovereign wealth funds, ADQ (UAE) and Qatar Investment Authority co-led the round. . The new financing also makes Trendyol Turkey’s first decacorn, and among the highest-valued private tech companies in Europe. The deal marks SoftBank’s first in the country.

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Turkey Qatar Raise UAE 101

TechCrunch

AUGUST 23, 2022

Gen Zs in the UAE spend about AED 5B+ every year, and still rely on cash or their parents’ cards despite having options like supplementary cards issued by their parents’ banks. Manara gets $3M to grow tech talent pool in the Middle East and North Africa. Zenda gets $9.4M to streamline school fee payment and management.

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Saudi Arabia United Arab Emirates UAE Egypt 98

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). SkyCell’s tech, says Ettl, uses far less of it than competitors.

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Marketing Raise UAE Industry 87

TechCrunch

FEBRUARY 7, 2023

A few years ago, Richard Schrems was working as a human resources consultant in Riyadh, and at one point sought to implement a tech-solution for his clients to help them better their huge teams, but couldn’t find a localized solution. This makes adoption hard,” he said. is a mobile first solution that automates HR management.

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Saudi Arabia Raise UAE Egypt 95

TechCrunch

MAY 10, 2022

Mylerz , a Cairo-based e-commerce fulfillment startup, plans to enter three new markets in North Africa and expand across Egypt over the next three months against the backdrop of the $9.6 Our immediate plan is expanding across Egypt, opening new markets and facilitating cross-border trade for our customers.

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Africa Egypt Algeria Service 99

TechCrunch

MARCH 14, 2022

In a world where under-watering has far more damaging results than over-watering, a non-tech-enabled farmer may be tempted to keep the soil wetter than it needs to — wasting a tremendous amount of precious water in the process. We are just on the verge after a super successful proof-of-concept, of signing 100% of the dates in UAE.

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UAE Internet South Africa Argentina 92

TechCrunch

DECEMBER 16, 2021

The company is also set to spread into more Asia-Pacific markets and the Middle East. In 2018, Crop One announced a 130,000-square-foot farming facility set to open in the UAE. .” Much of the funding will go toward Infarm’s international expansion plans, with sights set on the U.S., Canada, Japan and additional parts of Europe.

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Qatar International Raise North America 107

TechCrunch

FEBRUARY 21, 2023

Indian startup FreshToHome, which sells fresh fish and meat to consumers in the South Asian market and the Middle East region, has courted a new backer: Amazon. Started in 2015, FreshToHome is one of the largest players battling for a slice of the $100 billion Indian fish and meat market. Second competitive moat is unit economics.

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Amazon Fund India UAE 95

TechCrunch

MAY 30, 2022

Tech companies, private and public, have faced a reckoning in the past few months with their valuations taking a beating. This downsizing from the Dubai-based startup adds to the long list of global cross-stage layoffs in what has been a rough month for tech employees. Over 15,000 tech workers have lost their jobs in the U.S.

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Team Public Saudi Arabia Egypt 104

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. Everyone submits their work, gets feedback, a rating and reflection from the mentors.

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Platform Learning Africa Raise 88

TechCrunch

JULY 19, 2022

based VCs Global Founders Capital (GFC) and Goodwater Capital and UAE-based early-stage firm VentureSouq. The plan is to scale in the country and then expand to other markets,” Ismail stated. “We We anticipate being in at least one market before the end of the year and a couple more early next year.”.

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TechCrunch

FEBRUARY 14, 2022

It’s an extensive process that has seen some Big Tech companies build dedicated teams to manage different connections, data and cycles with the payments gateways in the markets where they are present. This extension becomes their connection to the entire payment ecosystem in the markets they operate. In the U.S.,

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Africa API Egypt Build 98

TechCrunch

MARCH 29, 2023

Meanwhile, Amanda explores how everything is “Goncharov” as the meme-makers are going mainstream with a huge assist from AI tech. 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. Big Tech Inc.

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Canada License Platform Global 94

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. Ukrainians have often pioneered market-leading companies and built products that positively impact society, especially in the fintech sector.

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Ukraine UAE License Europe 78

TechCrunch

JANUARY 21, 2021

million on average, the largest payout to employees in Israeli high tech at the time, and the exit created a pool of new entrepreneurs and angel investors. And while Israel doesn’t have a Silicon Valley, it named its high-tech cluster “Silicon Wadi” (“wadi” means dry desert river bed in Arabic and colloquial Hebrew).

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United Arab Emirates Israel Change Tech 88

TechCrunch

OCTOBER 13, 2022

The funds will be used to fuel these plans, including improving its 10% month-on-month recurring revenue growth, investing in content, hiring additional senior hires, new social features, launching Web3 products and NFT projects and scaling with asset-light operations into 8 new international markets. Asia, and Europe.

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Raise Social Los Angeles UAE 92

TechNode

AUGUST 8, 2023

Cross-border logistics company iMile Delivery has recently entered the Italian market and established its European headquarters in Germany, becoming the first Chinese express delivery startup to enter Europe, according to an August 7 report by Chinese media outlet LatePost. The company targets the Middle East delivery market.

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Europe Italy UAE Brazil 52

TechCrunch

AUGUST 28, 2022

As we all know, the housing market goes through cycles. Prospective home buyers, turned off by the rate surge as well as the competitive and overheated housing markets, began to reconsider their plans, as buying was suddenly far less appealing. Low interest rates mean more purchases and refinances. You can read my story on that here ).

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United Arab Emirates San Francisco Saudi Arabia Paypal 96

TechCrunch

FEBRUARY 17, 2022

We have been looking closely at the freight trucking market in Africa and the Middle East for the past five years, a market worth $250 billion. African tech took center stage in 2021. Upon installation, enterprise customers pay “as little as a few hundred dollars to a few thousand dollars a month,” Alami said. “We

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Software Saudi Arabia Africa Egypt 80

TechCrunch

AUGUST 7, 2022

In announcing the deal, they said: “DeFi-enabled B2B payment networks that are on chain can unlock transformative working capital efficiencies, and make financial services more fair and open, especially in developing markets like LATAM.”. We are starting to see some of the public market valuations impact private market valuations.

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Brazil Pakistan Mexico Fund 106

TechCrunch

OCTOBER 31, 2022

Politician turned venture capitalist Bradley Tusk recently spoke at a TechCrunch Live event on how startups should approach regulation, in a session called “How to launch a startup into a regulated market.” Big Tech Inc. Dibbs CEO and co-founder Evan Vandenberg joined Tusk in the conversation. You can sign up here.

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Saudi Arabia Saba UAE Twitter 87

TechCrunch

FEBRUARY 19, 2023

Kikoff is hiring for 10 roles (a mix of hybrid and remote), including senior product manager, associate product manager, senior product designers, engineers and a growth marketing manager. Sellers who opt to sell their home on the market will be paired with a local Zillow Premier Agent partner.

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Singapore Roles Charity Raise 98

TechNode

NOVEMBER 20, 2024

The company has bucked an industry-wide weakening market this year, posting an 89.3% JETOUR, a subsidiary of Chery, Chinas top car exporter, is a great example of how Chinese automakers are expanding their overseas presence with affordable, luxury-styled, tech-packed vehicles. million cars sold annually in global markets by 2030.

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United Arab Emirates South Africa Saudi Arabia China 52

TechCrunch

JULY 4, 2022

Indian fitness platform Ultrahuman is expanding its wearable portfolio by launching a smart ring to boost its ability to provide tech loving ‘biohackers’ — and, it hopes, health-concerned Boomers — with more insightful metabolic insights. Gucci x Oura launch a $950 smart ring to help you discover yourself.

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Track Active Activities Activism 96

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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UAE United Arab Emirates Tech Government 88

TechCrunch

APRIL 25, 2022

Zenda is digitizing school pay in Africa : As someone preparing to send my oldest to college in two short years, I was intrigued by Annie ’s coverage of how UAE-based Zenda is helping parents on the other side of the world, with its sights now set on Africa, pay school fees online rather than having to provide bank deposit slips as proof of payment.

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Twitter Africa UAE Law 101

TechCrunch

APRIL 18, 2022

Being an enthusiast of the food tech space, El Daly began to explore market gaps and saw an opportunity in using technology to help restaurants and food brands make a return on investment while maintaining their quality of service. The Food Lab claims to be the first such provider in Egypt, an intersection of both markets.

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Egypt Africa Raise UAE 99

TechNode

MARCH 5, 2025

Meituan, Chinas local services platform, is accelerating its global expansion with a renewed focus on grocery retail, international markets, and artificial intelligence, CEO Wang Xing announced in a recent internal meeting. Context: Meituan, Chinas leading on-demand service platform, has seen rapid transformation over the past decade.

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Saudi Arabia Kuwait Global UAE 104