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.
MENA
Stay updated on the latest developments in startups, business, and technology across the MENA region. Get breaking news, in-depth reporting, and expert analysis on entrepreneurship, innovation, and emerging trends.
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
startAD celebrates some of its leading Emirati startup alumni
Ten years ago, NYU Abu Dhabi opened with an ambitious vision to become one of the world’s leading research universities, addressing complex challenges...
Cura – KSA’s telemedicine platform partners with MedGulf Health Insurance
This partnership supports the Kingdom’s extensive efforts in facing the implications of COVID-19, and completing the preventive and precautionary measures
KRISPR raises $600K in Pre-Seed funding to pilot its urban indoor vertical farming
Through its aeroponic vertical farming approach, KRISPR addresses a significant gap in the region’s local fresh food supply chain, where harsh climate...
Enhanced DIFC Data Protection Law Comes into Effect on 1 July 2020
DIFC, the leading international financial hub in MEASA region will implement the new Data Protection Law No. 5 of 2020 from 1 July 2020.