Funding

Saudi Fund for Development signs a $10mln loan agreement to construct business incubation centers in the Bahamas

Saudi Arabia/Bahamas The Saudi Fund for Development (SFD) Chief Executive Officer, H.E. Sultan Al-Marshad, signed the first development loan agreement worth $10 million in SFD’s...

Scalo Technologies leads $3.5 million round for gaming startup Hexacore

UAE Dubai-based tech venture company, Scalo Technologies, has led a $3.5 million investment round for Hexacore, a mobile game publisher specialising in hybrid mobile web3...

UAE based Tenderd raises investment from Aramco’s Wa’ed

UAE/Saudi Arabia Wa’ed Ventures, the Kingdom-based venture capital arm of Aramco, announced a strategic investment in Tenderd, a startup specializing in AI-enabled technologies for real-time...

UAE-startup Growdash secures $750,000 pre-seed funding to drive GCC expansion

UAE UAE-based restaurant-tech startup Growdash has successfully closed a pre-seed funding round, raising $750,000 to support its expansion plans throughout the Gulf Cooperation Council (GCC)....

Agthia Group launches $54 million CVC fund for foodtech startups

UAE UAE based Agthia Group PJSC, a diversified food and beverage company, today announced the launch of Agthia Ventures, a corporate venture capital fund (“CVC”)...

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