Riyadh, Saudi Arabia — OCTA, a fintech startup dedicated to transforming accounts receivable management for small and medium-sized enterprises (SMEs), has successfully closed a $2.25 million USD pre-seed funding round. The round was co-led by Quona Capital and Sadu Capital, with participation from Sukna Ventures, Plus VC, 500 Global, and notable angel investors, including Pawel […]
Dubai, UAE – October 10, 2024 – 4Partners, a Dubai-based dropshipping platform, has successfully raised $3.6 million in a funding round aimed at accelerating its entry into the UAE market and driving its regional growth and expansion plans. With this fresh capital, the company is set to empower businesses of all sizes to quickly launch […]
Palo Alto, California – October 4, 2024Farmdar, a Pakistani agritech startup leveraging AI and space technologies to optimize agricultural productivity, has successfully raised a pre-Series A undisclosed funding round led by Silicon Valley-based venture capital firm, Moment Ventures. The round also saw participation from existing investor Indus Valley Capital. This marks the first Silicon Valley-led […]
Dubai, UAE — Coral, a pioneering climate tech startup based in the UAE, announced today the successful closure of its $3 million seed funding round. The round was led by a group of experienced tech investors, boasting a combined 40 years of expertise in the sector. Innovative AI-Driven Platform for Carbon Management Coral offers an […]
COREangelsMEA, a member of the global COREangels International network, has announced its latest investment in Plain Tiger, an innovative startup revolutionizing the B2B hospitality sector. The investment decision follows COREangelsMEA’s fourth investment committee, where Plain Tiger emerged as the top candidate from over 750 startup applications. While the exact investment amount remains undisclosed, the African […]
Algiers, Algeria – LabLabee, an innovative Algerian edtech startup, has successfully raised $3.4 million in seed funding to drive the adoption of 5G, cloud, and AI technologies across the telecommunications and industrial sectors. The funding round was led by Reach Capital, with significant participation from Classera and existing investors Brighteye Ventures and e& capital. The […]
Seez, a leading UAE-based automotive SaaS company, has announced securing a $4.2 million investment to fuel its ambitious expansion into the United States market. Renowned for its proprietary technology, Seez has developed a diverse portfolio of AI-driven solutions, including Seezar, an AI chatbot designed to revolutionize customer interactions within the automotive industry. As one of […]
Muscat, Oman – September 2024: IO Kitchens, Oman’s leading cloud kitchen startup, has successfully raised $2.8 million in seed funding, marking a significant milestone in the company’s growth trajectory. The funding round was led by the Tanmia Small-Cap Fund, with participation from a range of family offices and regional investors, underscoring confidence in IO Kitchens’ […]
Dubai, UAE – Watermelon Ecosystem, a rapidly growing startup transforming the food and beverage (F&B) industry, has successfully closed its $4 million Series A funding round. The new investment, which grants investors a 13.8% capital shareholding, implies a post-money valuation of $29 million for the company. This follows a successful seed round concluded in 2022. […]