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).
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.
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.
Egypt’s e-commerce startup Source Beauty raises 6-figure seed funding
Egypt-based beauty e-commerce platform Source Beauty, on Wednesday, raised a six-figure seed funding from ACE & Company and some angels.
eMushrif, Oman’s transportation startup bags $2.3 Mn in Series A
Muscat, Oman-based transportation startup eMushrif, on Wednesday, raised $2.3 million in a Series A round led by IDO Investments and others.
Bengaluru’s FreshToHome raises fresh funding from ADIO
Bengaluru's FreshToHome, on Monday, raised fresh funds from Abu Dhabi Investment Office (ADIO) to develop its agritech projects in Abu Dhabi.
Iraq’s Teami bags undisclosed amount of funding from KAPITA
Iraq-based Teami, on Tuesday, raised 5-figure investment led by KAPITA - assisted by Iraqi Angel Investor Network.
Ebury becomes the first firm to offer regulated money services from DIFC
DIFC, on Tuesday, announced that Ebury, a leading global fintech has been granted a Financial Services licence to provide money services.
UAE’s tabby bags a whopping $23 Mn Series A funding
UAE-based 'Buy Now, Pay Later' fintech startup tabby, on Tuesday, raised $23 million Series A led by Arbor Ventures and Mubadala Capital.