Abu Dhabi’s M2 Capital Invests $21 Million in Nasdaq-Listed AVAX One, Digital Asset Treasury

Abu Dhabi’s M2 Capital Invests $21 Million in Nasdaq-Listed AVAX One, Digital Asset Treasury

Abu Dhabi, UAE – M2 Capital Limited, the proprietary investment arm of M2 Group, a UAE-headquartered conglomerate with a diversified portfolio in digital asset solutions, has announced a $21 million strategic investment in the Nasdaq-listed AVAX One Digital Asset Treasury (DAT), which is focused on AVAX, the native token of the Avalanche ecosystem. This investment reflects […]

Tunisian Fintech and Insurtech Startup PAYDAY Raises Pre-Seed Round at $3 Million Valuation

Tunisian Fintech and Insurtech Startup PAYDAY Raises Pre-Seed Round at $3 Million Valuation

TUNISIA – PAYDAY, a Tunisian fintech and insurtech startup, has successfully closed its first pre-seed financing round led by UGFS North Africa (United Gulf Financial Services), with participation from TALYS Group and BioProtection SA, valuing the company at $3 million. Founded in 2024 by Mohamed Anouar Gadhoum and Shaher Abbas, PAYDAY connects insurers, banks, and […]

DisrupTech Ventures Makes Strategic Investment in Morocco’s Chari to Expand Fintech Reach Across Africa

Chari closes $12mln Series A and becomes the first VC-backed startup to obtain a financial institution license in Morocco

Casablanca, Morocco: Chari, the YC-backed startup founded in 2020 by husband-and-wife duo Ismael Belkhayat (ex-BCG) and Sophia Alj (ex-McKinsey), has closed a $12M Series A round—the largest Series A ever raised in Morocco. The round was led by SPE Capital and Orange Ventures, with participation from Verod-Kepple, Global Founders Capital, Plug and Play, Endeavor Catalyst, […]

UAE Legal Tech Startup Oqood Secures $1 Million Seed Funding from a group of angel investors

UAE Legal Tech Startup Oqood Secures $1 Million Seed Funding from a group of angel investors

UAE-based legaltech startup Oqood has raised $1 million in seed funding from a group of angel investors, marking a key milestone in the company’s mission to accelerate digital transformation in the legal sector. Founded by Khaled Al Rasheed, Oqood builds AI-driven legal solutions designed to streamline workflows and improve efficiency for law firms and corporate […]

Metric & Nabta: $12 Million Partnership to Deploy Financial Intelligence to 1,000 Clinics across MEA

Metric & Nabta: $12 Million Partnership to Deploy Financial Intelligence to 1,000 Clinics across MEA

This partnership will empower local clinic owners and medical staff to retain ownership and independence while gaining access to NABTA’s hybrid care model, corporate health integrations, and Metric’s cutting-edge financial intelligence. Together, we’ll equip 1,000+ clinics over 5 years with the tools to operate more efficiently, transparently, and profitably, ensuring that care remains patient-centred and […]

EMMA Systems secures seed funding from Plus VC to drive next-generation aviation technology

EMMA Systems secures seed funding from Plus VC to drive next-generation aviation technology

Funding to back AI-powered platform to transform airport and airline operations with smarter, safer, and more sustainable solutions, while accelerating product portfolio extension and expanding EMMA’s global footprint MENA: EMMA Systems, an AI-driven SaaS platform that unifies real-time operational data across airports, airlines, and aviation stakeholders to drive efficiency, predictability, and sustainability, announced today, an investment […]

Sriwijaya Capital and BlueFive Capital Forge Strategic Alliance to Boost Gulf–ASEAN Investment Corridor

Sriwijaya Capital and BlueFive Capital Forge Strategic Alliance to Boost Gulf–ASEAN Investment Corridor

Singapore — Sriwijaya Capital, a Southeast Asia-focused private equity firm, founded by prominent Indonesian business leader, Arsjad Rasjid, has signed a Memorandum of Understanding (“MoU”) with Abu Dhabi-based BlueFive Capital to form a strategic alliance aimed at strengthening capital flow between the Gulf and Southeast Asia. The partnership will focus on building a South-to-South investment corridor, […]

EvolutionX expands into GCC to support the region’s high-growth tech-enabled and new age companies

EvolutionX expands into GCC to support the region’s high-growth tech-enabled and new age companies

Established by Temasek and DBS, the private credit fund aims to provide flexible debt financing solutions to growth-stage companies in the GCC’s emerging innovation hubs. Dubai, UAE – EvolutionX Debt Capital, a growth-stage debt platform established by Singapore’s Temasek and DBS Bank (Southeast Asia’s largest bank by assets), has announced its entry into the Gulf Cooperation […]