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$100 M fund launched by Blockchain Centre, Gate Ventures to drive Web 3 innovation
The Blockchain Center in Abu Dhabi, a global hub for Web3 technologies, and Gate Ventures, the venture capital arm of…
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Property crowdfunding platform Maisour acquired by Meteora
Dubai-based Meteora Developers announced today the multimillion-dollar acquisition deal of Maisour, a property crowdfunding platform based in the DIFC, in…
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Asas raised $320K Pre-seed funding from renowned angel investors
The creative Resquad AI platform’s parent company, Asas Specialized Information Technology, announced today that a SAR1.2 million pre-seed funding round…
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Resal secured $9 M investment from multiple investors
With participation from Derayah Ventures Fund, Al-Wafrah AlThanya Investment Company, Venture Souq FinTech Fund, ADDiriyah Asset Management, Nomad Holdings, Bugshan…
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Saudi foodtech Yalla Plus raised $2.7 M Seed funding from Merak Capital, angel investors
Yalla Plus, a startup based in Riyadh, has successfully closed its seed investment round, raising SAR 10 million ($2.7 million).…
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Web3 venture builder Mithu raised $500K Pre-seed funding from Adaverse
Leading Web3 venture builder Adaverse has revealed a $500,000 pre-seed investment in Mithu, a cutting-edge loyalty platform aggregator for Saudi…
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Online lending platform Axio raised $20 M from Amazon Smbhav Venture Fund
Axio, formerly known as Capital Float, is an online lending platform that has raised $20 million from Amazon Smbhav Venture…
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Ice cream brand Hangyo raised $25 M from Faering Capital
Faering Capital has contributed $25 million, or approximately Rs 211 crore, to the ice cream brand Hangyo. This represents one…
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Paytm’s movie and ticketing biz acquired by Zomato for $244 M
Zomato, a foodtech and quick commerce platform, is going to buy Paytm’s movie and ticketing division. For the previous three…
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Air conditioner and water purifier manufacturer Livpure raised $28 M from M&G Investments, Ncubate Capital
Producer of air conditioners and water purifiers Livpure has raised approximately Rs 25 crore ($3 million) from Ncubate Capital Partners…
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