Dubai and Madrid-based proptech company Huspy has raised $59 million in a Series B funding round led by Balderton Capital, with participation from Peak XV (formerly Sequoia Capital India and Southeast Asia), ExBorder Partners, Turmeric Capital, BY Ventures, Dara Management, and KE Partners, it announced today. The round brings Huspy’s total funding to over $100 […]
Ruya Partners, a leading private credit investment firm in the GCC, is pleased to announce the closing of a $15 million (SAR 55 million) private credit investment in TruKKer Holding Limited, the largest digital freight and logistics platform across the Middle East, North Africa, and Central Asia. The transaction marks the sixth investment from Ruya Private […]
MENA venture capital firm – which is backed by EU Pharmaceutical LPs – joins list of blue-chip shareholders. New world-class talent for BioSapien also revealed: technological, operational, and medical excellence to shape future of precision medicine Abu Dhabi, U.A.E – BioSapien (the “Company”), the pioneering biotech company behind MediChip™, a revolutionary localized cancer treatment platform – […]
Liquify announces an oversubscribed $1.5m seed round to close the $120bn African Trade Finance gap Liquify is excited to officially announce the successful close of its $1.5 million (£1.1 million)equity seed round – plus several debt commitments – to supercharge its digital invoice financing marketplace across Sub-Saharan Africa. The round was led by Africa’s top early-stage […]
Saudi Arabia-based platform Flawless has raised $1.5 million in pre-seed funding, backed by unnamed angel investors focused on early-stage innovation. Founded by Shaimaa Alghamdi, the platform uses generative AI and social psychology to offer personalised career guidance. The company originated as a blog in 2023 and transformed into a full-fledged digital startup in 2024, targeting unmet demand […]
Saudi Arabia-based quick delivery company Ninja has officially achieved unicorn status after securing approximately USD 250 million in a funding round led by Riyad Capital, according to individuals familiar with the matter. The round values the three-year-old company at around USD 1.5 billion, making it one of the few tech unicorns in the Kingdom. Founded in 2022, Ninja offers ultra-fast delivery services […]
Manama, Bahrain – Standard Chartered, in partnership with Bahrain FinTech Bay, has announced the selection of ten promising female-led startups to join the sixth cohort of the Futuremakers Women in Tech Bahrain programme. This initiative continues to serve as a launchpad for women entrepreneurs driving innovation and impact across key sectors in the Kingdom. The programme […]
AgriCash, the Egypt-based agri-fintech company transforming agricultural finance through digital innovation, has announced the successful close of its seed funding round. Alex Angels led the round, and a group of strategic investors also participated. While the investment amount remains undisclosed, the fresh capital will support AgriCash’s plans to scale its operations within Egypt and expand […]
Byzanlink, a real-world asset (RWA) tokenisation platform bridging traditional finance and decentralised finance (DeFi), has raised $1 million in a private funding round. The raise attracted a group of early supporters, including Outlier Ventures, NTDP Saudi, Smart IT Frame, Sensei Capital and angel investors Murali Kulala (CEO, Smart IT Frame), Salman Butt (Co-founder, Salla), and […]
Riyadh, Saudi Arabia, 30 June 2025: Jadwa Investment, a leading investment management and advisory firm in the Middle East, today announced it has led a USD 50 million investment round in PetroApp, Saudi Arabia’s leading fuel management platform, through its flagship blind-pool vehicle, Jadwa GCC Diversified Private Equity Fund. Bunat Ventures, a regional venture capital […]