PlayReplay, an AI-powered intelligent court system for racquet sports, announced an investment from Alfvén & Didrikson (A&D). Leading this fundraise, A&D invests a total of USD 12 million alongside other investors, including Centre Court Capital, ExM Investment Partners, Charbe Partners, Crimson Sports Capital, and a fund managed by LionTree. PlayReplay offers real-time electronic line calling […]
eVoost AI, the Abu Dhabi-based proptech startup focused on AI-driven residential sales solutions, has raised $2.2 million (€2 million) in a funding round led by First Drop VC, with participation from Qora71, a syndicated investment vehicle linked to Hub71 and backed by Mubadala Investment Company. Founded in 2024 by Cristian Pastrana and Koh Onozawa, eVoost […]
Dubai-based food-tech platform launches with 1,000+ stores signed across 40+ leading F&B and grocery brands, backed by a heavyweight board of regional operators and investors. Peekabox, the UAE’s first surplus food marketplace, today announced the close of an oversubscribed $1.5 million seed round, backed by a roster of regional heavyweight investors and operators. Founded by […]
The Shariah-compliant digital bank is part of a growing wave of fintech startups building banking and payments services on top of blockchain and stablecoin rails. What to know: Fasset raised $51 million to expand its stablecoin-powered banking platform, with backing from Japan’s SBI Group, Investcorp and Turkey’s Arz Portföy. The Los Angeles-based startup uses stablecoins […]
Dubai, United Arab Emirates: RSA Cross-Border (RSA XB), a newly independent startup spun out from RSA Global, emerges from stealth with a $1.5M seed round to scale its software-first solution for cross-border e-commerce, with an initial focus on India-to-UK, India-to-Europe, and India-to-GCC corridors. The round was solely committed by 21 Ventures, who led and fully backed […]
TruKKer, the Middle East’s leading digital freight network, announced the successful closing of an inaugural trade receivables securitisation facility of up to US$300 million. Abu Dhabi Commercial Bank PJSC (ADCB) acted as the Sole Arranger and Sole Lender for the bespoke facility, which is backed by portfolios of trade receivables across the company’s operating geographies. A First-of-its-Kind Securitization […]
London, 12th May 2026 – Paymentology, the leading global issuer-processor, today announced a $175 million investment co-led by Apis Partners (”Apis”), a private equity firm specialising in financial infrastructure and services, and Aspirity Partners (“Aspirity”), a pan-European Private Equity firm focused on Financial Technology & Services and Enterprise Technology & Connectivity Services. The investment will support Paymentology’s continued global […]
Beltone Venture Capital and UAE-based Citadel International Holdings’ joint fund have successfully exited Bosta, delivering an outstanding 75% IRR. This milestone marks another significant achievement in the fund’s investment journey and reinforces the strength of strategic partnerships, disciplined execution, and value creation. The transaction represents the fifth successful exit for Beltone Venture Capital since its […]
Dubai, UAE – SHUAA Capital psc (DFM: SHUAA), a pioneer in regional financial services with a history spanning over four decades, and Key Capital Ltd, the region’s first dedicated venture capital secondaries asset manager, today announced a strategic partnership to support the development of the venture capital secondaries market across MENA and EMEA. Key Fund I […]
Abu Dhabi, UAE: CredibleX today announced its Series A funding round led by Mubadala Investment Company, an Abu Dhabi sovereign wealth fund, with participation from existing investor Further Ventures as part of a broader USD 15 million equity raise. CredibleX is a UAE-based SME licensed lender specialising in providing small and medium-sized enterprises (SMEs) with […]