TechCrunch

AUGUST 31, 2021

At the same time, it has raised $35 million in a Series C funding round led by UAE-based investor Mubadala. Dostavista, the ‘crowdsourced’ same-day delivery service, raises $15M Series B. That left-of-field thinking has seen it expand to countries not typically touched by the bigger delivery startups.

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TechCrunch

AUGUST 23, 2022

Dubai-based Zywa, a neobank for Gen Z, plans to fuel its growth in the United Arabs Emirates (U.A.E), and to kick-start its expansion to Saudi Arabia and Egypt after raising $3 million seed funding at over $30 million (110 million AED) valuation. The new funding follows the $1 million pre-seed backing it secured in February this year.

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TechCrunch

APRIL 24, 2022

Zenda , a UAE-based startup looking to change how parents pay school bills, and the way educational institutions manage fee collection, is eyeing Africa as its next frontier for growth. million seed funding it has raised. million seed funding it has raised. Qureos raises $3M to grow its learn to earn platform.

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TechCrunch

JULY 11, 2022

European fintech Klarna has confirmed that it has raised $800 million at a pretty hefty valuation drop. Rumors have been circulating for at least the past month that Sweden-based Klarna, best known as a “ buy now, pay later ” service provider, was seeking to raise new funds. billion valuation exactly a year ago.

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TechCrunch

FEBRUARY 7, 2023

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.

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TechCrunch

NOVEMBER 15, 2021

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.

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TechCrunch

OCTOBER 13, 2022

VUZ , a social app that allows users to stream and experience immersive realism in extended reality (XR) and metaverse digital experiences, has raised $20 million in Series B investment. One such partner is the newly rebranded UAE-based telecom operator, e&; its VC arm, e& capital , launched a $250 million fund this week.

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TechCrunch

DECEMBER 19, 2021

Cars24 , a startup out of India that has built an app and website for selling used cars and motorbikes, has raised $400 million: a Series G of $300 million in equity and a further $100 million in debt. It’s not the only one: a month ago, Spinny , another startup in the used-car space raised $280 million. billion, versus $1.84

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TechCrunch

MAY 24, 2021

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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TechCrunch

DECEMBER 8, 2021

E-commerce roll-up play Opontia launched in June, raising $20 million in debt and equity to acquire older, small e-commerce brands in the Middle East and Africa. Roll-up plays are generally known to secure more debt than equity when they raise mega-round deals.

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TechCrunch

FEBRUARY 3, 2022

For the unacquainted, Ramp is a spend management startup that last August raised $300 million at a $3.9 Other prominent players in the space include Brex, which last month announced a $300 million raise at a $12.3 It is gearing up to formally launch in the UAE and Saudi Arabia in the coming weeks. and the UAE.

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TechCrunch

MAY 10, 2022

Gharaibeh founded Mylerz in November 2019 borrowing from his experience at Aramex, a UAE-based multinational logistics and fulfillment company, where he worked for 23 years with his last role being head of Africa. Egyptian fintech Paymob raises $50M led by PayPal Ventures and Kora Capital.

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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.

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TechCrunch

JANUARY 17, 2023

MENA-based buy now, pay later startup Tabby has raised $58 million, led by Sequoia Capital India and STV, at a valuation of $660 million. The fintech has raised more than $410 million in equity and debt since its 2019 launch. . Dubai-based buy now, pay later platform tabby raises $50M at $300M valuation.

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TechCrunch

MARCH 29, 2023

Autio, a location-based audio entertainment app co-founded by actor Kevin Costner and formerly known as HearHere, has raised $5.9 Wait, you can’t say that : Kyle reports that LeapXpert raises $22 million to monitor employee chats for compliance. The app is then blasted to 16 investors. Is that you, Bob? So which one is it? :

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TechCrunch

DECEMBER 7, 2022

Uolo , an Indian edtech platform that works with private K-12 schools to offer online learning programs to middle and low-income families, has raised $22.5 million in a funding round led by UAE-headquartered VC fund Winter Capital. India’s Uolo raises $22.5M

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TechCrunch

AUGUST 29, 2022

The company, founded by Manar Mahmassani, Rami Tabbara, and Ricardo Brizido in 2020, has raised $8 million in a pre-Series A round from investors like BY Ventures, MEVP, and Vivium Holdings to expand its portfolio and launch in Saudi Arabia and Egypt. The company first raised a $4 million seed round last year.

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TechCrunch

OCTOBER 12, 2022

Recent research suggests that the e-commerce market in Saudi Arabia, UAE and Egypt account for a combined $21.4 The company, which allows e-commerce businesses to scale and grow by targeting businesses with limited bank or venture financing access, is announcing that it has raised $3.6 Wayflyer raises $150M on a $1.6B

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TechCrunch

APRIL 18, 2022

Following two years of bootstrapping, the company has raised $4.5 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. million in pre-seed financing — its first venture round.

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TechCrunch

MAY 24, 2021

More than a few funding rounds are cracking off this morning, including neat rounds from African fintech Mono , India-and-UAE-based Zeta , Emitwise raising $3.2 million , and Aurora Solar raising $250 million. So, if you like startups, you might want to put aside your Apple fandom for a minute.

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TechCrunch

MARCH 8, 2021

Since launching in Egypt, Koinz has expanded to Saudi Arabia and the UAE. You’ll hear first-hand how some of the most successful founders and VCs build their businesses, raise money and manage their portfolios. These consumers have redeemed almost 300,000 rewards, while almost 800,000 customers have left reviews.

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TechCrunch

OCTOBER 11, 2021

On top of a $62 million round that closed last year, the company has now raised a $35 million Series C to improve shipping of temperature-sensitive drugs — including COVID-19 vaccines. .

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TechCrunch

MARCH 6, 2022

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. BNPL payment startup Alma raises another $130 million round.

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TechCrunch

NOVEMBER 10, 2021

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.

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TechCrunch

MARCH 14, 2022

The company just raised $27 million to continue fertilizing and watering its own growth trajectory. We are just on the verge after a super successful proof-of-concept, of signing 100% of the dates in UAE. Our solution enables the UAE to save 70% of its water consumption. That comprises 2.1 million trees. ”

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TechCrunch

OCTOBER 7, 2021

Beyond the TOEIC mobile app, the company launched an ACT prep mobile app with ConnectMe Education in early 2021 in Egypt, Turkey, UAE, Jordan and Saudi Arabia. Korea’s Riiid raises $175M from SoftBank to expand its AI-based learning platform to global markets. Canada, Brazil, and Vietnam. .

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TechCrunch

OCTOBER 4, 2022

So instead of going out and raising venture capital, we decided that we were going to bootstrap because we could convince some landlords to list their homes on this platform that we had built and derisk some of their problems.”. But there’s recent activity suggesting that growth is imminent in the African proptech space.

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TechCrunch

NOVEMBER 14, 2022

Silkhaus , a Dubai-based platform for short-term rentals coming out of stealth, has raised $7.75 Silkhaus’s engineering team, split across the UAE city and Bangalore, is currently building out its technology stack, the company said in a statement.

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TechCrunch

FEBRUARY 28, 2022

Volopay , a Singapore-based fintech startup, raised a $29 million Series A in debt and equity financing as it seeks to further expand its footprint in Asia-Pacific, the Middle East and North Africa. . To date, Volopay has raised approximately $31.4 million since its inception in 2019, which includes its $2.1

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TechCrunch

JANUARY 31, 2022

The payment solution for consumers in restaurants has now raised $17 million in seed financing in a round co-led by Berlin’s Cherry Ventures and Point Nine Capital of Germany. Qlub has so far launched in UAE, KSA and India, with additional international markets set to follow in the weeks and months ahead.

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TechCrunch

MARCH 14, 2023

has raised $10 million in a funding round led by the South Korean gaming company Krafton. One Impression, which claims to have created a profitable business without marketing, plans to utilize the fresh funds to build a marketing team and scale its sales team to expand its presence in global markets, starting with Southeast Asia and the UAE.

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TechCrunch

JANUARY 27, 2022

Hong Kong-based Ward Ferry also participated in the round, bringing its all-time raise to about $470 million. and the UAE and counts manufacturing giants such as Hero MotoCorp, Vedanta, Tata Steel, Unilever and Air India and NTPC among its customers. The startup says it serves 500,000 small, medium-sized businesses and enterprises.

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TechCrunch

NOVEMBER 29, 2021

million it has raised in the pre-seed round to fund expansion within the U.A.E. We see that the level of development of the e-grocery in the UAE is far from Russia, where express delivery services have achieved incredible success. The instant delivery service will use the $2.3

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TechCrunch

JULY 19, 2022

Bloom , a Sudan-based fintech that offers a high-yield savings account and adjacent digital banking services, has raised a $6.5 based VCs Global Founders Capital (GFC) and Goodwater Capital and UAE-based early-stage firm VentureSouq. million seed round. This investment is coming after the startup’s undisclosed pre-seed round last year.

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TechCrunch

OCTOBER 31, 2021

Summer batch graduate ShipBlu is the latest on that list and confirmed to TechCrunch that it has raised $2.4 African e-commerce fulfilment startups backed by Y Combinator seem to be piquing investors’ interest this year for their niche e-commerce play. million in seed funding.

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Amy Sample Ward

JUNE 28, 2010

UAE residents also have one of the largest ecological footprints on our planet. Since turning vegetarian over a year ago due to self consciousness about the unsustainable nature of meat production, he has been trying to think of solutions that could better engage people to change their current habits for collective good.

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TechCrunch

FEBRUARY 21, 2023

The new round takes FreshToHome’s all-time raise to over $250 million. FreshToHome today serves over 4,000 fishers and farmers and millions of customers in over 160 cities in India and the UAE and offers more than 2,000 certified fresh and chemical-free products.

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