Technology news and insights in the Middle East, South Asia, and Africa
Technology News and insights in the Middle East, South Asia, and Africa
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, 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, 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, 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 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, 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.
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.
Userguest, a Moroccan SaaS startup, has raised $2.4 million in seed funding to enhance its tool that optimizes direct hotel revenue. The round, led by Al Mada Ventures, will expand its market reach and strengthen its sales team, promising growth and innovation in hospitality technology.
SETTLE, an Egypt-based B2B payment platform, raised $2 million in pre-seed funding to expand globally and enhance its financial operations platform. The funding will support SETTLE’s aim to provide businesses with tools for real-time financial decision-making and streamline B2B payment processes.
Userguest, a Moroccan startup, has raised $2.4 million to expand and innovate its hotel revenue optimization tool. The investment will enhance Userguest’s technology for personalizing hotel guest interactions, aiming to increase direct bookings and user satisfaction across over 30 countries.