Brine Raises $16.5M in Series A Funding
Brine Fi, a crypto trading execution platform provider, raised $16.5M in Series A funding.
UAE
Lyvely Receives Investment from Cypher Capital
Lyvely, a Dubai, UAE-based provider of a social networking and content monetization platform, received an undisclosed amount in seed funding from Cypher Capital.
Universal Music Group Buys Chabaka Music
Universal Music Group, the world’s leader in music-based entertainment, is to acquire Chabaka, MENA’s leading digitally-focused music distribution business that empowers independent artists and labels.
Seez Raises Funding Round
Seez, a Dubai, UAE-based automotive tech startup, raised a funding round of undisclosed amount.
Anghami Receives $5M Strategic Investment From SRMG Ventures
Anghami, an Abu Dhabi, UAE-based provider of a music and entertainment streaming platform in the MENA region, received $5M investment from SRMG Ventures.
Bazaars Secures Seed Funding
Bazaars, a Dubai, UAE-based peer-to-peer marketplace for cryptocommerce, secured seed funding valued at $15m.
Udenz Raises $5M in Series A Funding
Udenz, a Dubai, UAE-base digital dental health platform, closed a $5m Series A funding round.
Marquee Closes $1M Seed Funding
Marquee, a Dubai, UAE-based Web3 insurance, options and other derivatives project, closed a $1mseed funding round.
Tenderd Receives Investment From Wa’ed Ventures
Tenderd, a Dubai, UAE-based startup specializing in AI-enabled technologies for real-time emissions intelligence, received an investment from Wa’ed Ventures, the venture capital arm of Aramco.
YallaHub Raises $6M in Pre-Series A Funding
YallaHub, a Dubai, UAE-based marketplace aggregator, raised $6M in Pre-Series A funding.
Global Millennial Capital Launches Web3 Investment Program
Global Millennial Capital, a technology and digital assets investment manager, has launched a Web3 investment program aiming at investing in Pre-Seed to Series A companies.
nealthy Raises $1.3M in Pre-Seed Funding
nealthy, a Dubai, UAE-based Web3 project built to help people invest in web3 through indices, raised $1.3m in pre-seed funding.
Equiti Group Acquires Cloud Invest
Equiti Group, a Dubai, UAE-based provider of trading technology and services for platforms, acquired Cloud Invest, a Casablanca, Morocco-based digital payment technology provider.
PayTabs Acquires OGS PayLab India
PayTabs Group, a Saudi Arabia-based payments company, completed the acquisition of a 100% stake in OGS PayLab, a Chennai, India based service provider of transaction processing services, cloud payment solutions and electronic fund transfer (EFT) Switch solutions in the globe.
The Game Company Secures $5M at $40M Valuation
The Game Company, a Dubai, UAE-based AI-driven cloud-based gaming platform, raised $5m in a pre-seed funding round (in December 2022).