Dubai, UAE – EvolutionX, the growth-stage private credit platform established by Temasek and DBS Bank, has announced its first investment in the Gulf region, leading a $50 million growth capital round raised by Kitopi, the Middle East’s leading next-generation F&B ecosystem. The funding will fuel the expansion of Kitopi’s leading homegrown brands across high-growth markets, including […]
Dubai, United Arab Emirates: Receiptable, a fintech that empowers retailers and financial institutions to drive higher customer engagement through frictionless digital receipts, today announced a new funding round led by 21 Ventures, with participation from Oraseya Capital, AngelsDeck VC and follow-on investment from existing backer Salica Investments. The new capital will enable Receiptable to grow its […]
Dubai, UAE — Yozo.ai, a UAE-based e-commerce AI solutions startup, has raised $1.7 million in a pre-seed funding round to accelerate the development of its AI-native revenue engine designed to automate growth, improve conversion rates, and boost customer retention for online merchants. The funding round was jointly led by Access Bridge Ventures and Disruptech Ventures, […]
Enakl, a Moroccan and French mobility startup that offers bus-sharing services, has closed a $2.3 million seed funding round to deploy its shared transport solutions and launch a new Software as a Service (SaaS) product for operators and policy makers. The capital injection, finalised in December 2025, follows a $1.4 million pre-seed fundraise in December 2024 and […]
Yakeey, a Moroccan property technology (proptech) startup, has closed a $15m Series A funding round, marking the largest of its kind in the Kingdom’s history. The transaction is notable not just for its size, but for a curious guest at the table: Enza Capital, a pan-African VC firm. The VC’s entry into Casablanca signals a shift […]
ABU DHABI / DUBAI, UAE: Property Finder, the Middle East’s leading property portal, today announced a new $170 million investment from the Mubadala Investment Company “Mubadala,” an Abu Dhabi-based sovereign investor, alongside another UAE sovereign wealth fund and BECO Capital. The investment underscores Property Finder’s position as the region’s leading property portal, and reaffirms Property Finder’s […]
The company applies a fresh lens to parametric insurance to automatically cover the operational and financial impact of cloud service interruptions. Dubai, UAE: Cloud infrastructure has become the backbone of modern business. Yet when cloud services fail, the financial consequences are often immediate and severe, while protection remains limited or nonexistent. Mantas was founded on the belief that […]
Dubai, UAE – Juspay, a global leader in payment infrastructure for enterprises and banks, today announced that it has secured $50 million in a Series D follow-on round, led by WestBridge Capital. The transaction is a mix of Primary and Secondary investments, that values Juspay at $1.2 billion. The secondary component provides liquidity to early investors […]
AppliedAI leverages new backing from Mubadala’s “MENA Venture Capital Fund” and Arbor Ventures to drive scale and international expansion of its flagship Opus platform, enabling AI deployment across mission-critical industries ABU DHABI, UAE – Applied AI, the Abu Dhabi based artificial intelligence startup building AI-native workflow solutions for regulated industries, announced that is has successfully completed a […]
Dubai-based restaurant reservation and guest management platform Eat App has raised $10 million in a Series B extension round led by PSG Equity, via its portfolio company Zenchef SAS, as it sharpens its focus on India as a core growth market. The extension round is larger than Eat App’s original $6 million Series B in […]