Dubai, UAE: Commercial Bank International (CBI), a leading UAE bank, has announced a strategic investment in Boomitra, a pioneering carbon project developer and Earthshot Prize winner. This partnership aims to enhance regenerative agriculture initiatives across the Middle East, Africa, and Asia by leveraging AI-enabled solutions to empower farming communities and boost climate resilience. CBI’s investment […]
Dubai, UAE – Mintiply Capital, a UAE-based advisory and investment banking firm specializing in mergers and acquisitions (M&As) and alternative investments, has announced a strategic partnership with US-based Fuel Venture Capital. This collaboration aims to bolster startup investments across the Gulf Cooperation Council (GCC) region, with a particular focus on the UAE. The two firms […]
Sanabil Accelerator by Orbit to catalyze early-stage startups in high-growth sectors in Saudi Arabia and the MENA region Orbit Startups (Orbit) and Sanabil Investments announce the launch of a new accelerator program, Sanabil Accelerator by Orbit, to cultivate early stage startups from the Saudi Arabia and the Middle East and North Africa (MENA) region as […]
Dubai, UAE – MilkStraw AI, an innovative company building intelligent software to help startups and enterprises optimize their cloud infrastructure costs, has announced the successful closure of a $600,000 pre-seed funding round. The round was led by Flat6Labs, with additional participation from Angel Spark, Beyond Capital, and several strategic investors. Tackling Cloud Cost Challenges Founded […]
Abu Dhabi, UAE — The Authority of Social Contribution – Ma’an has entered into a strategic partnership with Hub71, Abu Dhabi’s global tech ecosystem, to champion social tech entrepreneurship and create enduring social impact in the emirate. The collaboration aims to bolster the growth of social tech startups by offering them access to resources, mentorship, […]
Riyadh, Saudi Arabia – Saudi Venture Capital (SVC) has announced its investment in Global Ventures III, an early-stage venture capital fund managed by the renowned UAE-based Global Ventures. With a fund size exceeding $150 million, the initiative aims to bolster technology and tech-enabled sectors across Saudi Arabia, the Middle East and North Africa (MENA), and […]
December 27, 2024 Alif announced it had raised a $20 mln debt investment from Accial Capital, a US-based impact private credit fund manager. The deal was facilitated with advisory support from Nairang Capital and TMT Global Advisors. The funds will be allocated to enhance Alif’s Nasiya service’s capabilities, strengthen its market position, and promote financial […]
Mountain View, California, December 27, 2024 — inDrive, the global ride-hailing unicorn, has announced a strategic investment in Pakistan’s emerging grocery delivery platform, Krave Mart. The investment is part of inDrive’s broader effort to explore opportunities in emerging markets through its dedicated venture capital arm. The VC division, launched last year, is set to deploy […]
Witamax & Renew Capital invest in Talaty to expand AI-driven financing solutions across Morocco and Francophone Africa. Rabat, Morocco, (12/18/2024) – Talaty, a Moroccan fintech, is redefining financing for small and medium-sized businesses (SMBs) with its innovative AI-driven solutions. Talaty has successfully secured an undisclosed amount in its seed funding round. The round saw contributions […]
The Hashgraph Association (THA) to contribute the first $20 million to the fund, targeting strategic investments in both start-ups and enterprises seeking to adopt and innovate through advanced technologies such as Artificial Intelligence, Blockchain/DLT, Robotics, and Quantum Computing. Abu Dhabi UAE December 18, 2024: The Hashgraph Group (THG), the Swiss-based international business, technology, and investment […]