Dubai’s UDrive raises $1.3 Mn in ongoing Series A round
Dubai, UAE-based car-rental startup Udrive, on Monday, raised $1.3 million from the crowdfunding platform Eureeca, from 186 investors.
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.
Abjjad, Jordanian ebook platform bags $1 Mn Series A funding
Amman, Jordan-based Abjjad, on Tuesday, raised $1 million in its Series A funding round from Rimal Capital, JordInvest and ISSF.
Turtle Tree Labs bags $6.2 Mn from KBW Ventures and others
Singapore and San Francisco-based TurtleTree Labs, a biotech startup has raised $6.2 million Pre-Series A from Prince Khaled's KBW Ventures.
Dubai’s Spotii secures strategic investment from Australia’s Zip
Dubai, UAE-based Spotii, a 'buy now, pay later' (BNPL) startup, on Thursday, secured a strategic investment from Australia-based Zip.
Morni raises $9.1 million in Series B led by GSquare
Saudi Arabia-based Morni, on Thursday, raised SAR 34.3 million (around $9.1 million) in a Series B round led by GSquare Investments.
Mumbai’s Callify.ai raises $560K seed funding from Malpani Ventures
Mumbai, India-based Callify.ai, on Tuesday, announced that the company has raised $560,000 in a seed funding round led by Malpani Ventures.
TruKKer bags $10 Mn venture debt from US-based ‘Partners for Growth’
Abu Dhabi, UAE-based TruKKer, on Thursday, raised $10 million as strategic venture debt from San Francisco, US-based Partners for Growth (PFG).
Dubai’s 360VUZ raises bridge investment
Dubai's 360VUZ, has reportedly raised funding from Knollwood Investment Advisory, Impact46, AlFalaj Investment, and DAI participated.
Mobility startup Urent raises 7-figure Pre-Series A funding
UAE-based Urent, a hybrid vehicle-sharing app has recently announced that it has raised seven-figure funding in its Pre-Series A funding round.
Italy’s GELLIFY to launch a $24 Mn MENA-focused fund
Bologna, Italy-based B2B platform GELLIFY is projecting the launch of a €20 million (around $24.3 million) fund to invest in MENA.
Startup Istanbul launches a $10 Mn fund for tech startups in MEA and Asia
Startup Istanbul, on Wednesday, announced the launch of a $10 million VC fund for technology startups in Middle East & Africa (MEA) and Asia.
QVM, KSA’s SaaS-enabled automobile marketplace raises seed funding
Saudi Arabia's QVM, on Wednesday, raised an undisclosed seed funding from Awab Holding Company, with participation from some angel investors.