Startup News and Featured Stories fostering insights to various sectors (Fintech, Edtech, Logistics etc.) of MENA (Middle East & North Africa)

  • Dubai’s Axeed labs announces $272K launchpad for startups & SMEs

    Dubai, UAE-based Axeed labs has launched a $272,000 SME and Startup Tech Launchpad campaign as a response to COVID-19 and ahead of Ramadan.

  • Itilite – Bengaluru-based SaaS startup raised $13 Mn from Greenoaks & Dubai’s Vy Capital

    Bengaluru based software-as-a-service (SaaS) startup Itilite that focuses on business travel on April 18 raised $13 million from Greenoaks and Dubai’s Vy Capital.

  • Startupbootcamp FinTech Dubai Second Cohort Raises $2.8m and Signs over 40 Proof of Concepts in DIFC

    Startupbootcamp FinTech Dubai second cohort completes its accelerator program featuring 10 start-ups – raising $2.8 Mn & raising over 40 Proof of Concepts in DIFC.

  • [Exclusive] Amsterdam-based entrepreneurs launch the global ‘COVID 19 Blockchain Fund’ to synergise Cryptocurrency for COVID-19 relief

    One of such blockchain or crypto-based COVID-19 funds is the COVID 19 Blockchain Fund that aims to support the most affected nations.

  • [Exclusive] LimeTray – offering 30% discount on its Online Delivery Solution for Restaurants in the Middle East amid COVID-19

    LimeTray will waive-off the set-up fee and also provide 30 percent discount to the restaurants in all Middle East countries including UAE, Egypt, Saudi Arabia, Lebanon, Qatar, and Kuwait…

  • UAE’s 360VUZ app secures $5.8 Mn funding from Shorooq Partners & more

    Dubai’s 360VUZ has today raised $5.8 million in a Series A investment round led by Shorooq Partners with participation from KBW, Media Visions, Vision…

  • London’s TransferWise Expands to MENA – starting with UAE

    TranferWise, a London-based global low-cost digital money transfer service has reportedly started operations in the UAE in a move to expand all across MENA

  • Dubai’s Falcon Eye Drones closes strategic investment from Aerodyne Group

    Dubai’s Falcon Eye Drones Services (FEDS) announced a major strategic investment from global drone-based management solutions provider Aerodyne Group.

  • Baims – Kuwait-based edtech startup raises seed funding from AlWazzan

    Kuwait-based edtech startup Baims that offers online video-based learning to all high school and university students raised seed funding from AlWazzan.

  • California’s Wellpay raises $3.8 Mn from 8vc, Montage Ventures, Mubadala & more

    California’s fintech platform for healthcare industry has raised $3.8 million from 8vc, Montage, Mubadala to accelerate its public launch amid COVID-19.