Dubai Angel Investors and MEVP Join Forces to Boost MENA Tech Startups
Dubai Angel Investors teams up with MEVP to boost MENA tech startups, offering capital, portfolio management, and support for early-stage entrepreneurs.
Startups
Indian Air Taxi Startup ePlane Secures $14 Mn, Plans Manned Testing by Mid-2025
ePlane, an Indian air taxi startup, secures $14 Mn in funding to develop electric air taxis, aiming for manned testing by mid-2025 to transform urban mobility.
Dubai’s Pemo Scores $7 Mn Pre-Series A Round led by Augmentum Fintech and Shorooq
Dubai, UAE-based Pemo, a spend management platform has secured $7 million in Pre-Series A round led by Augmentum Fintech and Shorooq.
U.S.-based TeaLeaf Scores $6 Mn Pre-Seed Funding through Dubai’s FasterCapital
United States-based startup TeaLeaf which offers a marketplace for buying and selling quality tea, has raised $6 million with support from Dubai-based FasterCapital.
Dubai’s BECO Capital Raises $20 Mn from Riyadh’s SVC
Dubai-based venture capital firm BECO Capital has today raised $20 million from Riyadh, Saudi Venture Capital (SVC).
Palestinian Ibtikar Fund Closes Second Fund at $25 Mn
Ramallah, Palestine-based Ibtikar Fund, last week closed its second fund 'Ibtikar Fund II' at $25 million - aims to invest in 25 innovative startups.
Moroccan Telecom Major Orange Maroc and Chari team up to Empower Retailers with Digital Solutions
Morocco's telecom major Orange Maroc; and B2B e-commerce and fintech startup Chari have partnered to accelerate digital transformation of Moroccan retailers.
The Chainsmokers Bring Creative Flair to B2B Investing
Drew Taggart clarified that Mantis VC doesn't aspire to replicate established venture capital firms like Sequoia, recognizing the value they already bring.
Plus VC Announced promotion of Zainab Al Sharif to Partner
Plus VC (+VC), the Abu Dhabi, UAE-based early-stage venture capital firm last week announced the promotion of Zainab Al Sharif to Partner.
Secret Alchemist Welcomes Samantha Ruth Prabhu as Co-Founder, Secures $500K Funding
Mumbai-based aromatherapy-based wellness brand Secret Alchemist onboards Samantha Ruth Prabhu as its newest co-founder, raises $500K from Inflection Point Ventures.
Tragic Loss: Good Capital Co-Founder Rohan Malhotra Passes Away
Rohan Malhotra, co-founder and managing partner of Good Capital, an early-stage venture capital firm, tragically passed away on October 1 at the young age of 36.
NCLAT Adjourns BYJU’s vs Glas Trust Case Hearing to November 6, Byju Raveendran Apologizes to Employees
The Chennai bench of the NCLAT on Tuesday, adjourned the case involving BYJU’s and a group of its US lenders represented by Glas Trust Company LLC.