Funding

IOTA Foundation launches $10mln investment fund

UAE His Excellency Abdulla Bin Touq Al Marri, the Minister of Economy and Chairman of Investopia, attended the unveiling of a new investment fund valued...

China startups raise $2.6 billion VC funding in January 2024, reveals GlobalData

UK China witnessed the announcement of a total of 251 venture capital (VC) funding deals during January 2024 while the disclosed funding value of these...

UAE launches $300 million Falcon Foundation to develop open-source AI

UAE The Technology Innovation Institute (TII), a leading global scientific research centre and the applied research pillar of Abu Dhabi’s Advanced Technology Research Council (ATRC),...

Saudi proptech Rize raises $2.9 million Seed round

Saudi Arabia Rize has announced the closure of its seed round, raising $2.9 million. Concurrently, the company has raised additional funds through debt to bolster its...

Kuwait’s Bookr raises Bridge round from Plus VC

Kuwait Bookr, a leading cloud-based SaaS-enabled marketplace that enables users to locate and book salons, spas, groomers, and stylists, announced today that the company has...

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