Galactech – Tunisian telecom content aggregator scoops six-figure Pre-Series A funding
Galactech today announced that the company has raised a six-figure sum in its Pre-Series A funding round from Oman Technology Fund (OTF) and some angel 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.
DIFC Presidential Directive Ends on 31 July 2020
The directive was declared as DIFC Presidential Directive No 4. 2020 on 26 April 2020 to address the pressing need for firms based in the Centre and...
Play:Date scoops $250K funding from Modus Capital
Dubai's Play:Date offers an application that helps parents build their child's social circle. The company last week raised $250,000 from Modus Capital.
Tabby – UAE’s first ‘Buy Now, Pay Later’ solution launches KSA
Tabby, UAE-based fintech startup and the region’s first 'Buy Now Pay Later' solution today announced that it has been launched in Saudi Arabia
Dubai’s VentureSouq invests in Wallets Africa – a Nigerian startup
Founded by John Oke in 2018, Wallets Africa enables people and businesses to send and receive payments seamlessly through its mobile app.
Felix – UAE’s insurtech startup raises $800K seed from OTF
UAE's insurance e-commerce and automation platform, Felix has recently raised $800,000 in a seed funding round led by a Saudi Arabian investor
UAE’s GrubTech raises $2 Mn seed funding
UAE-based GrubTech, an end-to-end SaaS platform for cloud kitchens and foodtech startup has reportedly raised $2 million in a Seed funding round.
Spotii – UAE’s ‘Buy-Now Pay-Later’ startup raises funding from Daman Investments
As a part of the investment, Mahyar Ghassemi, Head of Investments & Advisory, Daman Investments, will join Spotii’s Board of Directors
MidChains – Abu Dhabi’s virtual asset trading platform raises funds
MidChains, an upcoming virtual asset trading platform based in Abu Dhabi, UAE has recently made the announcement of its latest funding
in5 incubator’s startups raise $17 Mn in H1 2020
in5, a Dubai-based startup enabler operated by Tecom Group has raised a total of AED 65 million (around $17.6 million) in the first half of 2020.
Bahraini Al Waha Fund of Funds invests in Bedaya Fund
Here's to the latest investment by Bahrain-based Al Waha Fund of Funds in Bedaya Fund 1 of the seed-stage venture capital firm Shorooq Partners.
11th #BrandFusion B2B Entrepreneurship Series Probe the Future of Retail in the Middle East
Annex Investments in partnership with GlassQube Coworking powered by Ventures Central hosted the 11th #BrandFusion B2B Entrepreneurship Series