Funding

Hakbah, Saudi fintech startup scores $1.2 Mn seed funding

Riyadh, Saudi Arabia-based fintech startup Hakbah, last week, announced its $1.2 million seed funding round from undisclosed investors.

Dubai-based cybersecurity startup SpiderSilk, last week, raised $2.25 million in its pre-Series A round, co-led by Global Ventures and STV.

Gurugram, India-based edtech startup Udayy, last week raised $2.5 million in a seed funding round led by UAE-based Alpha Wave Incubation.

Dubai-based Rising Giants Network (RGN), a bilingual podcasting network, on Sunday, scored $1 million funding round from Triangle Media.

Dubai, UAE-based fintech startup Ziina, last week, scored Y-Combinator backing and seed funding from OTF Jasoor Ventures, Class 5 Global and others.

Jordan-based agritech startup TWIG, last week, announced that it has raised seed investment from Miqdadi Agricultural Materials Company.

California-based BlueNalu, a leading innovative food company producing a variety of seafood products, raises $60 million debt financing.

Saudi Arabia-based Buy-Now-Pay-Later pioneer Tamara, last week, announced the closing of its $6 million seed round led by Impact46.

Bahrain-based cryptocurrency exchange RAIN, on Sunday announced that the company has raised $6 million in its Series A round led by MEVP.

Qatar-based fintech startup Cwallet, on Sunday, announced that it has raised $220,000 pre-Seed investment from its founders and MBK Holding.

Egypt-based women’s fashionwear brand Opio, on Wednesday, announced that it has raised $300,000 in a seed round from AUC Angels.

Iraq-based last-mile delivery startup Hi-Express, on Wednesday, raised a 6-figure seed funding led by Iraqi Angel Investors Network (IAIN).