UAE’s fintech Foloosi raises $2 Mn Pre-Series A funding
Dubai, UAE-based fintech startup Foloosi, on Monday, raised $2 million in its Pre-Series A funding round led by some angel investors from Abu Dhabi.
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.
EroeGo, UAE’s first food waste fight startup gets entry into MassChallenge Israel
UAE’s first-ever sustainable impact food waste fight company, EroeGo has been accepted into the 2021 accelerator program, MassChallenge Israel.
Zaara Biotech, Kerala-based startup scores $10 Mn from UAE’s TCN International
Kerala, India-based Zaara Biotech, a student biotech startup, raised an investment of $10 million from the UAE-based TCN International Commerce LLC.
Telegram raises $150 Mn from Mubadala and Abu Dhabi Catalyst Partners
Telegram on Tuesday, raised $150 Mn from Abu Dhabi state fund Mubadala Investment Co and Abu Dhabi Catalyst Partners.
Dubai’s fintech startup Invoice Bazaar to be acquired by Singapore’s Triterras Inc.
Dubai, UAE-based fintech startup Invoice bazaar, has lately shared that the company is set to get acquired by Singapore-based Triterras Inc.
KLAIM, UAE’s fintech startup raises $1 Mn seed funding
UAE-based fintech startup, KLAIM, on Tuesday, announced that it has raised $1 million in its seed funding round from TechStars and others.
PolicyBazaar scores $75 Mn funding from Falcon Edge to expand to the UAE
Gurgaon, India-based PolicyBazaar, on Thursday, raised $75 million, led by the US-based hedge fund Falcon Edge Capital for expanding to the UAE.
UAE’s GrubTech scores $3.4 Mn Pre-Series A funding
Dubai, UAE-based GrubTech, an all-in-one SaaS platform for cloud kitchens and delivery-centric restaurants, raised $3.4 million funding.
baraka unveils commission-free US investment platform for the region with 1 Mn pre-seed round
baraka, a UAE-based fintech startup on a mission to educate, enable and empower millennials, introduced its commission-free mobile trading platform.
Storytel strengthens its position in MENA via Kitab Sawti – merges Arabic services
Kitab Sawti/Storytel team will offer the world’s largest audiobook library in Arabic to subscribers in MENA, under the consumer brand Storytel.
Deliveroo announces £16 Mn ‘Thank You Fund’ for riders ahead of potential IPO
UK's foodtech unicorn Deliveroo, has recently announced that the company expects to give £16m of payments as part of a Thank You Fund.
Anghami goes public on NASDAQ via merger with Vistas Media Acquisition Company (VMAC)
Anghami, MENA region's leading music-streaming platform, is listed on Nasdaq via merger with Vistas Media Acquisition Company Inc.