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UAE
News and stories from the ever-growing startup ecosystem of the United Arab Emirates (UAE) – the startups, investors, whopping funding rounds, and everything in between.
Dubai-based fintech startup Mamo Pay raises $1.5 Mn from Global Founders Capital
UAE-based Mamo Pay, a peer-to-peer payments app on Tuesday (April 7) raised $1.5 million in a seed funding round led by Global Founders Capital
[Exclusive] Dubai’s new e-commerce startup Adasat.com is mastering its potential amid COVID-19
The 6-month old e-commerce startup Adasat.com from the 'Silicon Valley of the Middle East' Dubai told LAFFAZ that it has surpassed its expectations.
UAE-based agritech startup Pure Harvest raises $20.6 Mn $100 Mn commitment from Wafra
Wafra, which is Kuwait's national investment company today invested $20.6 million in a Series A round of Pure Harvest and has committed up to $100 million
Cartlow – Dubai’s re-commerce startup scoops 6-digit figure
Dubai, UAE-based re-commerce platform Cartlow raised 6-digits undisclosed amount from Arzan Venture Capital, Vision Ventures, and some angel investors.
UAE amid COVID-19 outbreak & measures taken by the Government
The first case of Coronavirus or COVID-19 was identified on January 29. MoHAP on March 11 announced a total of 85 Coronavirus cases in UAE.
MEED names UAE’s best projects demonstrating excellence across architecture, construction and engineering
Middle East Economic Digest yesterday announced the finalists and national winners for the tenth edition of its MEED Project Awards
iMile – Dubai’s last-mile delivery startup scoops $10 Mn from a China-based VC
Dubai-based last-mile delivery startup iMile on 1st January raised $10 million in a Pre-Series A funding round led by a China-based venture capital firm.
Falcon Edge scoops $300 Mn from Abu Dhabi & UAE for its India-focused VC fund
US-based global alternative asset manager Falcon Edge on Tuesday raised a $300 million for its India-focused fund called Alpha Wave Incubation (AWI)
Okadoc scoops $10 Mn – MENA’s largest Healthtech Series A funding
Dubai-based instant doctor appointment booking platform Okadoc on Wednesday announced at the Step Conference that it has raised $10 million Series A funding...
Dubai’s Global Ventures appoints Ex-Jamalon COO as the Operating Partner
Dubai-based Global Ventures appoints Said Murad as the Operating Partner. Murad is the former COO of Jamalon, a Jordan-based online books marketplace.
Dubai-based SpiderSilk raises $500K in a seed round led by Global Ventures
Dubai-based cybersecurity startup SpiderSilk has raised $500K in a seed funding round led by Global Ventures along with participation from FutureTech...