Dubai, UAE – October 22, 2024: PRYPCO, a Dubai-based property technology (PropTech) startup, has successfully raised $10 million in seed funding to drive its expansion and scale its operations. The funding round, which concluded in September, was led by Abu Dhabi’s Shorooq Partners, with strategic participation from the Dubai-headquartered retail giant, Apparel Group, along with […]
UAE-based Best Kept Shared acquires BAZAARA to create the largest Fashion Rental & Resale Platform in the GCC
Dubai, UAE – October 2024 – In a landmark move for the sustainable fashion industry, Best Kept Shared, Dubai’s leading designer lending, rental, and resale platform, has announced its acquisition of BAZAARA, the region’s largest peer-to-peer fashion resale platform. This strategic acquisition brings together two of the UAE’s most prominent platforms, combining forces to offer […]
Pakistani Startup “BuyPass.ai” Secures Angel Investment to Revolutionize eCommerce Across GCC and Asia
October 2024 – BuyPass.ai, a stealth-mode startup based in Pakistan, has successfully closed an angel funding round, setting the stage to reshape the eCommerce landscape across the GCC and Asia. The venture is founded by Muhammad Ammar Hassan, a former executive at OLX (Prosus) and Daraz (Alibaba International Digital Commerce Group), who brings over a decade of […]
Pakistan’s Abhi secures $15mn in Credit Financing to expand Financial Inclusion in UAE
Dubai: Pakistani fintech startup Abhi has secured $15 million in credit financing, a round led by Shorooq Partners and Amplify Growth Partnership. This funding will enable the company to scale its operations and expand its Earned Wage Access (EWA) services across the UAE, targeting both blue-collar and white-collar workers. In an official statement released on […]
Moroccan proptech Agenz secures undisclosed Investment from Renew Capital
October 15, 2024 – Agenz, a data-driven platform that delivers real-time property valuations and market insights in Morocco, has announced its latest undisclosed investment from Renew Capital. The funding will enable the platform to expand its reach and enhance its suite of services, aimed at bringing transparency and clarity to the country’s real estate sector. […]
UAE-based fintech OCTA Raises $2.25M Pre-Seed Round Co-led by Quona Capital and Sadu Capital
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 4Partners secures $3.6M to address the surge in Mobile and Cross-Border E-Commerce
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 […]
Farmdar, Pakistan Agritech Startup Secures Pre-Series A Funding Led by Silicon Valley’s Moment Ventures
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 […]
UAE-Based Climate Tech Startup Coral Secures $3 Million in Seed Funding
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 […]
UAE-based B2B marketplace Plain Tiger Raises undisclosed Investment from COREangels MEA
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 […]