Dubai’s Epik Foods Secures $15.5 Mn Investment from Ruya Fund to Accelerate Regional Expansion
Epik Foods secures $15.5M investment from Ruya Partners to expand in Saudi Arabia and UAE, supporting acquisitions and growth in the F&B sector.
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 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.
Blackstone Eyes 20% Stake in India’s Haldiram’s at $8 Bn Valuation: A Major Move in India’s Snack Industry
Blackstone seeks a 20% stake in Haldiram's, valued at $8 billion. Get the latest on this high-profile investment deal in India’s food sector.
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.
MBZUAI Research Team Scores Google Academic Research Award
A team from Mohamed bin Zayed University of Artificial Intelligence (MBZUAI) has received the Google Academic Research award.
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).
Abu Dhabi based EpiBone Scores Funding from Boston-based Kendall Capital Partners
Abu Dhabi, Hub71-based startup EpiBone, today successfully closed a convertible note funding round led by Boston-based Kendall Capital Partners.
Hub71, Abu Dhabi-based Greengage Joins Abu Dhabi Sustainable Finance Declaration
Hub71 startup Greengage, a digital finance startup has today joined the Abu Dhabi Sustainable Finance Declaration.
Silicon Valley’s General Catalyst Leads $67.5 Mn Series-B Round for Saudi’s Fintech Lean Technologies
Silicon Valley-based General Catalyst, on Monday led a whopping $67.5 million Series-B round for the Riyadh-based fintech startup Lean Technologies.
Dubai’s Careem Pay Unveils Instant Money Transfers to Europe
Dubai-based Careem Pay is now offering international remittance service to European countries including Spain, Italy, France, Ireland, and Germany.
[Shots] Talabat Gearing Up for IPO in Dubai
Talabat, a leading food delivery startup in the Middle East, a subsidiary of German foodtech major Delivery Hero is gearing up for its IPO in Dubai