From Sanabil 500, a German family office and a group of high-net-worth and angel investors. Dubai, UAE — CADO, the UAE-founded premium gifting platform, has announced the close of its $4.5 million pre-seed funding round, marking a major step in its mission to redefine the global gifting economy. The round included participation from Sanabil 500, a […]
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
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 […]
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-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
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 […]
Touché Privé raises $5mln from Amplify Growth partnership for GCC expansion
The company now reaches customers in over 100 countries through its omnichannel platform, spanning e-commerce and physical retail Saudi Arabia will be the first GCC market where Touché Privé opens flagship stores, in partnership with one of the Kingdom’s leading retail groups Focused on women aged 20–45, the brand delivered 102% year-on-year growth in 2024, […]
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
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
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 […]