Startup Funding

Saudi Arabia’s Ninja Becomes Newest Tech Unicorn Following $250 Million Funding Round

Shahzaib9 months ago9 months ago03 mins

Saudi Arabia’s fast-growing delivery startup Ninja has secured $250 million in funding led by Riyad Capital, reaching a $1.5 billion valuation and becoming the Kingdom’s newest tech unicorn. The funding highlights Saudi Arabia’s expanding venture capital ecosystem and startup scene, supporting the government’s efforts to diversify the economy. Ninja plans an IPO by 2027 and operates in multiple Gulf countries, reflecting regional growth in tech-driven logistics services.

Aria Ventures Launches $1 Million Fund to Accelerate Deep-Tech Startups and Bridge Research with Market Applications

Shahzaib9 months ago9 months ago02 mins

Aria Ventures has launched a $1 million fund to support deep-tech startups by bridging research and market application. The venture studio plans to grow the fund to $4 million over four years while offering hands-on support and infrastructure. Their DeepTecher competition fosters innovation by mentoring and funding promising projects in AI, biotech, robotics, and related sectors.

Cairo-Based Proptech Startup Nawy Raises $75 Million to Expand Across MENA

Shahzaib10 months ago10 months ago03 mins

Nawy secures $75 million to accelerate its expansion across MENA, advancing digital home-buying solutions and strengthening Egypt’s role in regional proptech innovation.

Octolane Raises $2.6 Million to Launch World’s First Self-Driving AI-Powered CRM Platform

Shahzaib11 months ago11 months ago02 mins

Octolane, a startup co-founded by two Bangladeshi immigrants, raised $2.6 million to launch an AI-powered CRM platform that automates tasks like data entry and follow-ups. Targeting businesses using tools like Salesforce, the platform aims to increase productivity and reduce reliance on traditional CRM systems in the fast-growing sales tech market.

Sadq Secures $1.46M in Pre-Series A Funding to Expand Digital Authentication Services

Shahzaib11 months ago11 months ago02 mins

Sadq, a Saudi startup, raised USD 1.46 million in pre-Series A funding, led by X by Unifonic Fund. The investment will help the company enhance its technology, scale services, and expand its digital signature solutions. Founded in 2022, Sadq focuses on digital trust and secure workflow authentication in Saudi Arabia.

Bazzar Gate Raises $1 Million to Enhance E-commerce Platform, Partners

Shahzaib1 year ago1 year ago01 mins

Bazzar Gate, a Kuwait-based e-commerce startup, has secured $1 million to enhance its platform, Partners. This investment will expand features and improve user experiences, facilitating easy e-commerce business setup for entrepreneurs.

Padash Secures $125,000 to Expand Quick Commerce in Iraq

Shahzaib1 year ago1 year ago02 mins

Padash, an Iraqi startup, has secured $125,000 to enhance its quick commerce platform, focusing on rapid food and grocery delivery within Erbil. This investment will support the expansion of its services and app development, aiming to revolutionize convenience in urban Iraq.

Orange Jordan Boosts Educational Startups in Palestine with Strategic Funding

Shahzaib1 year ago1 year ago04 mins

Orange Jordan is enhancing educational opportunities in Palestine by funding Jusoor Labs, a startup providing interactive educational content. This initiative is part of Orange’s efforts to support digital transformation and foster regional development through strategic partnerships and innovative educational technologies.

EdVentures Fuels EdTech Innovation with New Startup Investments

Shahzaib1 year ago1 year ago03 mins

EdVentures, Nahdet Misr Group’s venture capital arm, has selected eight new startups to enhance its edtech portfolio. These firms specialize in innovative educational technologies, expanding EdVentures’ total to 22 companies and emphasizing its commitment to revolutionizing Egypt’s educational system.

UAE Climate Tech Startup Coral Secures $3 Million in Seed Funding

Shahzaib1 year ago1 year ago03 mins

Coral, a UAE-based climate tech startup, has raised $3 million in seed funding to expand its AI-driven platform for carbon emission management. The funding will support opening a new office in Abu Dhabi, growing their team, and enhancing their offerings to meet global sustainability goals.

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Saudi Arabia’s Ninja Becomes Newest Tech Unicorn Following $250 Million Funding Round

Aria Ventures Launches $1 Million Fund to Accelerate Deep-Tech Startups and Bridge Research with Market Applications

Cairo-Based Proptech Startup Nawy Raises $75 Million to Expand Across MENA

Octolane Raises $2.6 Million to Launch World’s First Self-Driving AI-Powered CRM Platform

Sadq Secures $1.46M in Pre-Series A Funding to Expand Digital Authentication Services

Bazzar Gate Raises $1 Million to Enhance E-commerce Platform, Partners

Padash Secures $125,000 to Expand Quick Commerce in Iraq

Orange Jordan Boosts Educational Startups in Palestine with Strategic Funding

EdVentures Fuels EdTech Innovation with New Startup Investments

UAE Climate Tech Startup Coral Secures $3 Million in Seed Funding