Dubai kidtech startup Periscope Media raises seed funding
Dubai, UAE-based Periscope Media, a startup that develops kidtech and edutainment today announced that it has closed a seed funding round.
Funding
Lean Technologies – Riyadh-based fintech startup scoops $3.5 Mn seed funding
Riyadh, Saudi Arabia-based Lean, a fintech platform today announced that it has raised $3.5 million in a seed round from RAED Ventures
Dubai’s Nomad Homes raises $4 Mn seed funding from Comcast Ventures
Dubai-based digital real estate platform Nomad Homes, raised a $4 million in a seed round led by Comcast Ventures, with participation from Abstract Venture...
Dubai’s Mawaad raises $6.5 million in a Series A round
Dubai-based Mawaad Environmental Services (formerly, Ecofer Global Services) has raised a $6.5 million sum in a Series A funding round
OnePay – Moroccan fintech startup raises $409K funding from Maroc Numeric Fund II
Moroccan fintech startup OnePay that operates as a distributor of means of payment and aggregator of payment and value-added services in electronic transactions
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.
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.
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
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.