The UAE is witnessing technology platforms-driven transformation in the investment sector, with intermediary ventures such as Incomlend linking smaller businesses to major international investors and private funders for securing financing
Angel Investors
Mascotte Health raises $1.2mn in pre-seed funding led by Nuwa Capital
UAE’s Mascotte Health plans to enhance tech-enabled services and launch a consumer-facing app for 24/7 pet care
Dubai-based well-being management platform Lifemost strikes pre-seed investment deal with angel investors in MENA
Part of the fresh capital is to be spent on exploring new partnership opportunities in the MENA market, the company said
Scaling the entrepreneurial ecosystem in the GCC
The GCC has a proliferation of startup companies, and entrepreneurship is encouraged and supported in every country
How to raise capital in the UAE
Remember, don’t just have figures in a vacuum – show your reasoning, because investors are going to press you on your research
How startups can access funding in an evolving global investment landscape
The contribution of forward-looking regulations and policies, hands-on government stakeholders, and sector-focused business districts have been integral to creating this environment
UAE-based fintech firm Spades secures $2.5 million in angel funding to spur ‘phygital’ dine-in payment services
The web-based dine-in app allows customers to tap (or scan), split, tip, and pay without app downloads, registrations, setup fees, or commitments
Saudi digital loan broker Arib closes seed investment round of $2.3 million from Merak Capital
The investment will enable Arib to meet the SAMA requirements to finalise the licensing process, while expanding its portfolio of services to encompass different types of loans, including personal loans, home loans, and credit cards
Dubai-based metaverse startup Eikonikos raises $2 million in pre-seed funding to bring more people into the digital realm
The company is currently in the process of issuing digital assets for investment as it gears up for commercial launch in May 2022, when it expects a jump in valuation
How Dubai’s in5 aims to connect more entrepreneurs with investors
Platform for entrepreneurs in tech, design and media announces new dedicated space for investors
UAE’s Hayi raises $325,000 to expand hyperlocal social network
Neighbourhood app start-up will use the funding to cement its local market hold ahead of MENA expansion
Middle East’s start-ups to see more funding in second half of 2021, says expert
While the region’s food and beverage sector boasted the largest share of funds invested in H1 2021, fintech start-ups claimed the largest amount of deals closed
Crowdfunding as a vehicle for a good economy
Crowdfunding improves democratisation of access to funding; it is a great alternative way to fund a new passion project or venture
Tips to get your small business ready for funding
Investors are there to make money, and they need to trust that you understand the figures enough to deliver a healthy return
Dubai’s Grubtech secures new funding for cloud kitchen growth
Investors included large regional family offices, a US-based venture capital firm as well as reputable angel investors
Six start-ups successful in inaugural Falcon Network funding round
Over 223 start-ups from 46 different countries submitted funding applications
Entrepreneur of the Week: Sultan Al Masri, founder of Acquico
Dubai-based entrepreneur wants his platform Acquico to become the leading marketplace connecting start-ups with investors