Kumulus Water Raises $3.5 Mn to Redefine Clean Water Access with Off-Grid Tech in MENA and Europe
France-based Kumulus Water, the WaterTech startup transforming air into clean drinking water, has successfully raised $3.5 million in seed funding.
Venture Capital
OkCredit CEO Harsh Pokharna shares his financial struggles and the dark truth behind startup funding
Harsh Pokharna revealed that founders with limited financial stability are inclined towards adhering to investors' vision, opining that VCs want founders to stay poor.
Perplexity AI Nears Completion of $50 Mn Venture Fund Focused on AI Startups
Perplexity AI, the California-based company behind a well-known AI search engine, is nearing the completion of a $50 million venture fund.
Netherlands and Iraq Venture Partners Team-up to launch Phase-2 of Orange Corners Innovation Fund in Baghdad
The Kingdom of Netherlands and Iraq Venture Partners (IVP) organized a signing ceremony to launch the second phase of the Orange Corners Innovation Fund (OCIF)
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.
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.
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 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.
Hollywood Actress and Filmmaker Olivia Wilde Launches Venture Capital Firm
American actress, director, and producer Olivia Wilde has been recently making headlines for the launch of her venture capital firm 'Proximity Ventures'.
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.