UAE’s GrubTech scores $3.4 Mn Pre-Series A funding
Dubai, UAE-based GrubTech, an all-in-one SaaS platform for cloud kitchens and delivery-centric restaurants, raised $3.4 million funding.
MENA
Startup News and Stories fostering insights into various sectors (Fintech, Edtech, Logistics, etc.) of MENA (Middle East & North Africa) – majorly Abu Dhabi, Dubai, UAE, Saudi Arabia, Egypt, Bahrain, Lebanon, Palestine, and Qatar among others.
baraka unveils commission-free US investment platform for the region with 1 Mn pre-seed round
baraka, a UAE-based fintech startup on a mission to educate, enable and empower millennials, introduced its commission-free mobile trading platform.
Koinz, Egyptian foodtech raises $4.8 Mn seed funding led by Justin Mateen, Tinder founder
Egypt-based foodtech startup Koinz, on Monday, raised $4.8 million in its seed funding round led by Tinder founder Justin Mateen.
Storytel strengthens its position in MENA via Kitab Sawti – merges Arabic services
Kitab Sawti/Storytel team will offer the world’s largest audiobook library in Arabic to subscribers in MENA, under the consumer brand Storytel.
Deliveroo announces £16 Mn ‘Thank You Fund’ for riders ahead of potential IPO
UK's foodtech unicorn Deliveroo, has recently announced that the company expects to give £16m of payments as part of a Thank You Fund.
Istanbul’s Dream Games raises $50 Mn from Index Ventures and existing investors
Istanbul, Turkey-based Dream Games, a mobile gaming startup, on Monday, raised $50 million in a Series A round led by Index Ventures
Bahrain’s Brinc, Tamkeen, Batelco invest in Turkey’s smart city startup AREYtech
Bahrain's Brinc MENA, IoT and hardware accelerator; Tamkeen Fund; and Balteco, a telecom company have injected $53K in Turkey-based AREYtech.
Anghami goes public on NASDAQ via merger with Vistas Media Acquisition Company (VMAC)
Anghami, MENA region's leading music-streaming platform, is listed on Nasdaq via merger with Vistas Media Acquisition Company Inc.
Dubai-based on-demand photography app ‘Kapturise’ announces official Launch
Dubai, UAE-based Kapturise, the first of its kind on-demand photography service for the Middle East region, announced its official launch.
Bengaluru’s fintech startup Siply scores $1 Mn seed funding Indian and UAE-based investors
Bengaluru-based micro-savings fintech platform, Siply, has recently raised $1 million seed funding from Indian and UAE-based investors.
India’s VerSe Innovation raises $100 Mn from Qatar Investment Authority, Glade Brook Capital Partners
Bengaluru, India-based local language tech platform VerSe Innovation raises investment from Qatar Investment Authority (QIA) Glade Brook Capital Partners (US).
Dubai’s Staytus launches Hotel Chat for the hospitality sector
Staytus, a Dubai-based digital marketing and communications solution provider for luxury hotels, recently announced Hotel Chat.