Saudi and UAE show continued interest in startup funding in MENA region, nearly 97 per cent awarded to male founders
business funding
Latest in business funding
business funding
From dreams to dollars: Peering into the mind of a VC in today’s startup funding climate
Today, entrepreneurs can’t afford to overlook the external factors shaping the investment landscape
business funding
Why the MENA startup ecosystem is still hot
Founders need to be selective when partnering with VCs
business funding
FreshToHome raises $104mn for major UAE expansion and entry into Saudi Arabia
The India-born startup FreshToHome will part-use the fresh capital to set up a fish and poultry farm, besides spreading its delivery network to more cities in UAE
business funding
How to make sure your business doesn’t fail
Most businesses fail, so make sure yours doesn’t become another statistic
business funding
ME-based car subscription venture Invygo raises $10mn funding from MEVP-led investor group
The venture is expected to use the capital to double down on its presence in the UAE and Saudi Arabia
Bayut
UAE’s Bayut, Dubizzle raises $200 million funding
Majority of the investment is to be earmarked in the UAE, the company’s largest market
business funding
Funding for women-founded startups in MENA remains difficult, says entrepreneurs
The gender bias continues unabated with all-male startup founding teams garnering 99 percent of the total $374 million investments raised in August, while just a paltry one percent went to startups founded or co-founded by women
business funding
TruKKer raises $100 million ahead of IPO plans, backed by Investcorp, Mubadala
The funds were raised from investors including Bahrain-based asset manager Investcorp and Abu Dhabi wealth fund Mubadala Investment Co
21.co
Swiss crypto unicorn 21.co raises $25 million, gears up for Middle East expansion
The new capital injection will fuel the firm’s expansion plans in key markets, including in the UAE, where it has already hired an executive to head its Middle East operations
business funding
Crypto House Capital set to raise funds to finance Skylum, its ambitious virtual residential tower in UAE
The startup also has plans to tap investors to support its broader initiative in UAE’s metaverse setor – the MetaReal City
business funding
Early-stage funding for startups – you know it’s important; now learn how to get it
Overheads add up quickly, and a lack of funds can stymie growth. Every Jack Ma and Alibaba had financial backers, and you will need yours
BNPL
Mubadala leads Klarna funding even as valuation slides 85 percent
Klarna CEO Siemiatkowski said the company is “not immune to public peers being down 75-90 percent and hence our valuation is down on par”
business funding
Abu Dhabi’s Mubadala backs $4.5 billion German insurtech Wefox
Currently, the company serves over two million customers, which it plans to increase to three million by the end of this year
business funding
Unlocking the digital economy towards a resilient startup ecosystem
The pandemic accelerated the digital transformation of many sectors, and put a greater emphasis on innovation
angel investments
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
agribusiness
UAE agritech Pure Harvest raises $180.5 million as it eyes global expansion
UAE agritech Pure Harvest raises $180.5 million as it eyes global expansion