Verofax Secures $1.5M in Pre-Series A Funding
Verofax Limited, an Abu Dhabi, UAE-based Asset Digitization and Traceability solutions provider, closed a $1.5M pre-Series A funding round.
UAE
Bupa Arabia Invests in Second Fund of Global Ventures
Global Ventures, a Dubai, UAE-based international venture capital firm investing in emerging market founders, technology and ideas scaling across MEA and the world, received a new investment from Bupa Arabia, a Saudi Arabia based health insurance company.
iMile Delivery Raises $40M in Series A Funding
iMile Delivery, a Dubai, UAE-based last-mile delivery company, raised $40M in Series A financing round at a 350m US dollar valuation.
Splashlight Studios Raises $1M in Seed Funding
Splashlight Studios, a Dubai, UAE-based young e-commerce digital solutions provider, raised $1m in seed funding.
The Development of Software Solutions with Horizon Oasis
The internet has done a complete 360° turnaround to bring us decentralised platforms that enable an equitable governance by the same users that use these structures. This is the case with Horizon Oasis, a company offering software solutions to bring blockchain technology and artificial intelligence to a large number of companies worldwide with the aim […]
Mubadala Capital Closes Private Equity Fund III at $1.6 Billion
Mubadala Capital, an Abu Dhabi, United Arab Emirates-based asset management subsidiary of Mubadala Investment Company, closed its third Private Equity fund, at $1.6 billion.
Ravenage Publishing Launches $20M Fund to Support Game Developers
Ravenage Publishing, a Dubai, UAE-based new video games publisher from Eastern Europe, has announced a a $20 million fund to support indie developers.
Farid Fezoua Joins TVM Capital Healthcare as Managing Partner
TVM Capital Healthcare, a global specialist healthcare private equity firm operating in emerging markets, added Farid Fezoua to the Managing Partner role.
zip24 Raises US$1.2M in Funding
zip24, a Dubai, UAE-based logistics Software as a Service (SaaS) startup, raised US$1.2m in pre-series funding.
Sheesha Finance Raises $9.44M in Funding
Sheesha Finance, a UAE-based DeFi solution for investors to access a variety of projects while solving locked cryptocurrency issues, raised a total of $9.44m via its Liquidity Generation Event (LGE).
Accenture and Global Ventures Establish Partnership
Accenture (NYSE: ACN) and Global Ventures, an Abu Dhabi, UAE-based venture capital firm, announced a strategic partnership.
Ripple Acquires 40% Stake in Tranglo
Ripple, a provider of enterprise blockchain solutions for global payments, is to acquire 40% of Asian cross-border payments specialist Tranglo.
Now Money Secures $7M in Funding
NOW Money, a Dubai, UAE-based fintech company, secured $7m in funding.
Grubtech Raises $3.4M in Pre Series A Funding
Grubtech, a Dubai, United Arab Emirates-based SaaS platform for cloud kitchens and delivery-centric restaurants, secured $3.4m in pre–Series A funding.
Pure Harvest Smart Farms Secures US$60M in Growth Funding
Pure Harvest Smart Farms, a Abu Dhabi, United Arab Emirates-based sustainable technology-enabled agribusiness, secured US$50m in growth-financing/ venture-debt.