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The round, led by the Qatar Investment Authority (QIA), follows last year’s $170 million raise. As part of the deal, the company announcement plans for a Qatar grow center, set to grow tomatoes, strawberries and other fruits in the region. Europe-based vertical farming firm Infarm this week announced a $200 million Series D.
YallaMarket, a Dubai-based quick-commerce startup, is planning to expand within the United Arab Emirates (U.A.E), and to enter Saudi Arabia and Qatar next year, to tap the appetite for speedy and convenient grocery shopping. million it has raised in the pre-seed round to fund expansion within the U.A.E.
Trendyol , an e-commerce platform based in Turkey, has raised $1.5 General Atlantic, SoftBank Vision Fund 2, Princeville Capital and sovereign wealth funds, ADQ (UAE) and Qatar Investment Authority co-led the round. . billion in a massive funding round that values the company at $16.5 The deal marks SoftBank’s first in the country.
With its Series C round , the company raised $450 million at a $15 billion valuation — it represents a 167% valuation jump in 12 months, which is not too bad. Why did Checkout.com raise so much money? Payments company Checkout.com isn’t just a unicorn — it has closed a $1 billion Series D funding round. Because they can.
Challenger bank Starling is out raising a new £200M funding round. You’ll hear firsthand how some of the most successful founders and VCs build their businesses, raise money and manage their portfolios. Starling said it plans to use the funding to expand its lending operations in the U.K.,
VerSe Innovation, the parent firm of popular news aggregator Dailyhunt and short video app Josh, said on Thursday it has raised over $450 million in a new financing round, just five months after securing $200 million , as the Indian startup looks to expand its offerings to international markets.
Byju’s said Monday it has raised $250 million in new funding from existing backers as the Indian edtech giant looks to navigate the market downturn that has forced the firm to postpone its initial public offering and cut thousands of jobs. It did not identify other backers.
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. The Middle East-based startup, founded by Eslam Ahmed Hussein and Pulkit Ganjoo in 2019, has raised $14.3 There is Ekar, which last raised $17.5
InnovaFeed , a vertical insect farm operator that’s rearing insects for animal and plant nutrition, has raised $250 million in a series D round of funding led by Qatar Investment Authority (QIA), Qatar’s sovereign wealth fund. Growth industry.
Other investors include the Canadian Pension Plan Investment Board, Fidelity, Wellington Management, and the Qatar Investment Authority, according to Crunchbase. That financing valued Compass at $6.4 billion.
Qatar Investment Authority (QIA) is leading this round, with Providence Public also participating. billion valuation. The company will be using the funds to continue expanding its partnership network as well as the kinds of tools it builds for brands, agencies and publishers.
Each landing is genuinely hair raising, with aircraft routinely approaching the runway sideways as they’re buffeted by the wind measuring in excess of 60mph. Qatar, let’s see what you’re made of son”. Don’t dive towards me mate”. Flippin’ heck!”. Next please next please, the doctor will see you now”. Bring it in son!
The deal marked a 50% increase from the $18 billion valuation assigned to Fanatics during its previous raise last August. Last August, the company raised $325 million and announced it would be expanding outside of its legacy business of helping leagues and teams sell their licensed apparel and fan gear directly to customers.
Technically an extension of Celonis’ Series D, the infusion brings the late-stage startup’s total capital raised to $2.4 ” The Qatar Investment Authority, Qatar’s sovereign wealth fund, led the new investment in Celonis. Other participants include Activant Capital, Arena Holdings, T.
Nigeria-based health tech startup Helium Health has acquired Meddy , a Qatar-headquartered and UAE-based doctor booking platform for an undisclosed amount. Nigeria’s Helium Health raises $10M Series A for Africa expansion. Meddy currently serves more than 150 private clients within the UAE and Qatar.
Indian startups raised a record $39 billion in 2021 as investors aggressively looked to double down in emerging markets. I think it quickly became clear that those assumptions are not going to play out,” said Krishnamurthy, describing the boost to startup funding in India last year. Walmart-owned Flipkart, last valued at $37.6
Today’s news comes out from the Middle East and Africa where Eksab , an Egyptian platform that says it’s making football more exciting and interactive for every fan in both regions through gaming and online community building, has raised $ 3million in seed funding.
in new capital for SE Asia : James Murdoch and Uday Shankar have compiled a huge and new investment vehicle backed by the Qatar Investment Authority called Bodhi Tree. kr is a mobile app for “outdoor enthusiasts and campers” to help them book campsites, and it just raised a few million dollars. Today in startup names : S?kr
Aside from Bahrain, Qatar, Turkey and the United Arab Emirates, Fenix also has a presence in Saudi Arabia, specifically with its shared and subscription scooter service. Publicly, Fenix has only raised $5 million, most, if not all, of which probably went toward the company’s purchase of Turkish e-scooter operator Palm.
In addition to the new partnership, Draftea, which was Sequoia’s first investment in a Mexican company, raised a round of fresh funding from backers new and old. The company is eyeing the FIFA World Cup in Qatar this November, expected to be this year’s biggest live sports event worldwide, as a major opportunity to gain traction.
” To date, Obrizum — which employs a staff of 38 — has raised $17 million in venture capital. million Series A led by Guinness Ventures with participation from Beaubridge, Juno Capital Partners and Qatar Science & Tech Holdings and Celeres Ventures, which closed today. That includes a $11.5
million seed investment from A15; this brings its total funding raised from the VC firm to $3 million since its launch in 2018. Doss said Esaal services are available in 7 other countries across MENA and the GCC: Saudi Arabia, Tunisia, Kuwait, Qatar, Bahrain, Palestine and Iraq. million in 2021 and 130% between 2020 and 2021.
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The study analyzed a collection of contact tracing apps, which are designed to inform and monitor physical contact between people in the event someone contracts COVID-19, from 11 countries: Algeria, Bahrain, France, Iceland, Israel, Kuwait, Lebanon, Norway, Qatar, Tunisia, and United Arab Emirates.
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