Source: Forbes Middle East Dubai-based business-to-business (B2B) spend management platform Qashio has raised $19.8 million in its latest funding round, combining equity and non-equity financing. Latest funding round The round was led by existing investor Rocketship, a Silicon Valley venture capital firm, with participation from ABN Ventures, MITAA, Oneway VC. Further, new strategic investors, including […]
Fueled by investments from Plus VC and Oasis500, Toolmart is poised for regional expansion following record-breaking growth and strong market momentum. MENA: Toolmart, a leading B2B tech startup revolutionizing how industrial supplies are sourced and procured in the Middle East, has raised a seed funding round led by Plus VC, the most active MENA VC and Oasis500, alongside prominent […]
Dubai, UAE – Gainz, the UAE-based financial technology startup, proudly announces the successful closing of its 7-figure USD pre-seed investment round, structured as a mix of equity and debt. The round was led by Antler MENAP, Lithium Holdings, and Eleventh Invest Inc, with additional participation from a diverse group of high-net-worth investors across the region. […]
Dubai, UAE, 21 May 2025: Turkcell (NYSE: TKC) (BIST: TCELL) announced that its subsidiary, TDC Veri Hizmetleri (TDC), has secured €100 million in murabaha financing through a strategic agreement with Emirates NBD Bank, a leading banking group in the Middle East and Turkiye (MENAT) region. The five-year financing agreement is intended to empower Turkcell Group’s data center […]
Riyadh Valley Company, the investment arm of King Saud University, announces its investment in MEVF IV managed by MEVP. Founded in 2010, MEVP is a leading venture capital firm that invests in early and growth-stage technology startups led by talented entrepreneurs across the Middle East and North Africa, with particular focus on the Gulf Cooperation […]
EQIQ, a venture capital fund and venture builder led by founding partners with a track record of investing over $500 million in technology startups and generating more than 3.3x return, is expanding its fund size from $15 million to $30 million. Domiciled in Abu Dhabi Global Market (ADGM), EQIQ is pursuing both greenfield (seeding new ventures) and […]
DUBAI, UAE – Google announced the launch of its second “Google for Startups Accelerator: AI First” program for the Middle East, North Africa, and Turkiye (MENA-T). The 12-week, equity-free program is designed to empower the most promising Seed to Series A startups that are harnessing the power of artificial intelligence, providing them with the essential infrastructure, […]
Doha, Qatar – May 2025: In a landmark move announced at the Qatar Economic Forum 2025, LuLu AI, the fintech investment arm of LuLu Financial Holdings, has made a strategic undisclosed investment in PayLater Qatar, one of the country’s pioneering licensed providers of Buy Now, Pay Later (BNPL) and embedded finance solutions. The announcement was made in the presence […]
Dubai, UAE – Tarjama, MENA’s leading language solutions technology company, announces it has raised $15 million in a Series A funding round. The round was led by MENA’s leading venture capital firm – Global Ventures. Other participating investors included Wamda Capital, TA Ventures, Phaze Capital, Golden Gate Ventures, and Endeavor Catalyst. The proceeds will accelerate the […]
Kuwait City – Circle, a fast-growing quick commerce startup founded in Kuwait, has secured $6 million in Series A funding from a consortium of strategic investors, marking a significant milestone in its mission to reshape the future of retail and consumption across the region. Since its inception in 2020, Circle has transformed the marketplace experience, […]