Dubai, UAE – Shipfinex, a groundbreaking maritime fintech platform, has successfully closed a $1.5 million seed funding round, signaling a major milestone in its mission to redefine access to maritime assets through blockchain technology. The funding round was led by Gaurav Mehta, Chairman of Best Oasis Limited and SPM Shipping DMCC, who joins Shipfinex as […]
Sharjah, UAE — Warburg AI, an emerging innovator in artificial intelligence for the financial sector, has raised $250,000 in seed funding to accelerate its mission of reshaping financial services through advanced AI-driven technologies. Founded in September 2024, the company has rapidly attracted investor confidence, securing its first funding round just months after its inception. Based […]
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 […]
Userguest, a Moroccan startup founded in 2018 that helps hotels optimize their direct revenues, has successfully raised EUR 2.2 million (US$2.4 million) in a seed funding round to fuel its rapid expansion and drive product innovation. The funding round was led by Al Mada Ventures and included participation from prominent investors such as CDG Invest, […]
Algiers, Algeria – LabLabee, an innovative Algerian edtech startup, has successfully raised $3.4 million in seed funding to drive the adoption of 5G, cloud, and AI technologies across the telecommunications and industrial sectors. The funding round was led by Reach Capital, with significant participation from Classera and existing investors Brighteye Ventures and e& capital. The […]
Muscat, Oman – September 2024: IO Kitchens, Oman’s leading cloud kitchen startup, has successfully raised $2.8 million in seed funding, marking a significant milestone in the company’s growth trajectory. The funding round was led by the Tanmia Small-Cap Fund, with participation from a range of family offices and regional investors, underscoring confidence in IO Kitchens’ […]
Swyt, a UAE-based company offering an all-in-one platform to simplify and secure IT operations for businesses, has successfully concluded a significant seed funding round. This new investment will propel Swyt’s mission to enhance research and development on their platform and expand its presence throughout the Gulf region. The funding was supported by business angels specializing […]
Lune, a prominent Emirati Financial Data Analytics company, has successfully concluded a seed funding round of $1.5 million, signaling a significant milestone in its expansion plans across the MENA region and solidifying its position as a frontrunner in data-driven financial solutions. The recent investment round, which builds upon Lune’s notable growth trajectory since its pre-seed […]