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A collection of 53 posts

Flat6Labs Celebrates Its Third Demo Day in Riyadh

Flat6Labs Celebrates Its Third Demo Day in Riyadh

Flat6Labs, the MENA region’s leading seed and early-stage venture capital firm, hosted its Third Demo Day for its Riyadh Seed Program. The event featured 10 Saudi startups operating in various tech-enabled sectors, including e-commerce, PropTech, FinTech, SMB SaaS, AutoTech, SpaceTech, and Enterprise. The portfolio companies showcased their innovative products

UAE-based MealPlanet Secures $6 Million in Seed Round

UAE-based MealPlanet Secures $6 Million in Seed Round

Egypt's Lending Startup, Lucky One, Raises $3 Million in Convertible Note

Egypt's Lending Startup, Lucky One, Raises $3 Million in Convertible Note

Startupbootcamp partners with Meta to support MENA startups

Startupbootcamp partners with Meta to support MENA startups

Saudi Deeptech Intelmatix Sets Region's Record with $20M Series A Investment

Saudi Deeptech Intelmatix Sets Region's Record with $20M Series A Investment

UAE-Based Pathfinder Secures $325M Investment from Silver Rock to Scale Ahead of NASDAQ Listing

UAE-Based Pathfinder Secures $325M Investment from Silver Rock to Scale Ahead of NASDAQ Listing

Oman's Climate Tech Startup 44.01 Secures $37M in Series A Funding

Oman's Climate Tech Startup 44.01 Secures $37M in Series A Funding

44.01, an Oman-based climate tech startup, has raised $37 million in a Series A funding round co-led by Equinor Ventures and Shorooq Partners. The funding round also saw participation from Air Liquide Venture Capital (ALIAD), Alumni Ventures, Amazon’s Climate Pledge Fund, Climate Investment, Innovation Development Oman, Planet A

MENA VC Funding Dips by Nearly Half to $882 Million in H1 2024

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MENA VC Funding Dips by Nearly Half to $882 Million in H1 2024

MENA startups witnessed a VC funding declined from $1.6 billion in H1 2023 to $882 million (-46%) in the first six months of 2024.

Dubai’s Stake Receives $14M to Offer Investors Unprecedented Access to the Booming Saudi's Property Market

Dubai’s Stake Receives $14M to Offer Investors Unprecedented Access to the Booming Saudi's Property Market

Thndr Acquires a Category 3A License from ADGM to Expand into the UAE Market

Thndr Acquires a Category 3A License from ADGM to Expand into the UAE Market

GII Partners with Logipoint to Launch a $300M Logistics Platform in Saudi

GII Partners with Logipoint to Launch a $300M Logistics Platform in Saudi

UAE’s Shorooq Partners Launches a Second Private Credit Fund with a First Close of $100M

UAE’s Shorooq Partners Launches a Second Private Credit Fund with a First Close of $100M

Singaporean VC Golden Gate Ventures Launches $100M Fund to Support Startups in MENA

Singaporean VC Golden Gate Ventures Launches $100M Fund to Support Startups in MENA

Dubai PropTech Startup Property Finder Closes $90M Debt Funding from Francisco Partners

Dubai PropTech Startup Property Finder Closes $90M Debt Funding from Francisco Partners

Saudi HRtech Qsalary and Itqan Capital Partner to Launch $80M Investment Fund

Saudi HRtech Qsalary and Itqan Capital Partner to Launch $80M Investment Fund

Saudi Logistics Startup WheeKeep Secures $8M in Series A Round for Expansion

Saudi Logistics Startup WheeKeep Secures $8M in Series A Round for Expansion

Saudi-based Abyan Capital Raises $18M in STV-led Series A Round

Saudi-based Abyan Capital Raises $18M in STV-led Series A Round

Plug and Play Invest in zypl.ai to scale its AI-powered Fintech Solutions in MENA

Plug and Play Invest in zypl.ai to scale its AI-powered Fintech Solutions in MENA

UAE-Based Shorages Secures $1M Pre-Series A Investment for International Expansion

UAE-Based Shorages Secures $1M Pre-Series A Investment for International Expansion

UAE’s E-commerce Platform WEE Raises $10M in a Pre-Series A Round from SIG Investment

UAE’s E-commerce Platform WEE Raises $10M in a Pre-Series A Round from SIG Investment

ADQ, Oman Investment Authority, Launch a $180M Jasoor Fund to Boost Digital Economy in the MENA Region

ADQ, Oman Investment Authority, Launch a $180M Jasoor Fund to Boost Digital Economy in the MENA Region

Generative AI Fintech zypl.ai Raises Undisclosed Funding in Commercial Bank International-led Post-Seed Bridge Round

Generative AI Fintech zypl.ai Raises Undisclosed Funding in Commercial Bank International-led Post-Seed Bridge Round

Saudi Edtech Startup HAD Raises $5M Pre-Seed Round to Scale Up its Operations

Saudi Edtech Startup HAD Raises $5M Pre-Seed Round to Scale Up its Operations

Saudi VC Company ‘SVC’ Commits $30M Investment into Olive Rock Partners Fund I

Saudi VC Company ‘SVC’ Commits $30M Investment into Olive Rock Partners Fund I

Saudi DaaS Platform Zetta Technologies Closes $1.5M Pre-Seed Investment

Saudi DaaS Platform Zetta Technologies Closes $1.5M Pre-Seed Investment