UAE-based financial concierge firm, Capital Haus, acquired an 11.6% strategic stake in Australia-based Equity ..Read More

UAE-based financial concierge firm, Capital Haus, acquired an 11.6% strategic stake in Australia-based Equity Story Group Ltd (ASX: EQS), pushing its total assets under management (AUM) beyond $1 billion. The investment strengthens Capital Haus’s position in tailored wealth management for high-net-worth individuals and corporate investors in the UAE and beyond.
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• Finance

Egypt-based waste management platform, Mrkoon, secured bridge funding from A Ventures, increasing the fund’s ..Read More

Egypt-based waste management platform, Mrkoon, secured bridge funding from A Ventures, increasing the fund’s stake in the startup to 28%. This investment supports Mrkoon’s regional expansion plans, including entry into the GCC.
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• Environment

UAE-based fintech, BILRS, secured an undisclosed funding round from Salica Spring Studios, backed by Al-Waha F ..Read More

UAE-based fintech, BILRS, secured an undisclosed funding round from Salica Spring Studios, backed by Al-Waha Fund of Funds. This investment will support BILRS in scaling operations, enhancing technology, and expanding its global reach.
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• Fintech

UAE-based investment firm, Foras, acquired a 36% stake in Bahrain-based crowdfunding platform, Beban, for an u ..Read More

UAE-based investment firm, Foras, acquired a 36% stake in Bahrain-based crowdfunding platform, Beban, for an undisclosed amount. This investment aims to support regional startups and improve entrepreneurs' access to capital.
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• Finance

UAE-based AI-powered content platform, FanTV, secured $3M in a Series A round from Mysten Labs, Cypher Capital ..Read More

UAE-based AI-powered content platform, FanTV, secured $3M in a Series A round from Mysten Labs, Cypher Capital, CoinSwitch Ventures, and Illuminati Capital. The investment will enable FanTV to enhance its AI tools for creators and expand its global user base. Founded in 2022 by Prashan Agarwal, FanTV leverages Web 3.0 to help creators monetize their content through views.
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• AI

Saudi Arabia-based cybersecurity firm, CQR, secured $3 million in funding, led by Shorooq. Founded in 2023 by ..Read More

Saudi Arabia-based cybersecurity firm, CQR, secured $3 million in funding, led by Shorooq. Founded in 2023 by Naser Aldossary, CQR specializes in AI-driven, product-based cybersecurity solutions. The investment strengthened CQR’s ability to scale and enhance its AI capabilities, supporting its growth in the cybersecurity sector.
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• Cybersecurity

UK-based automotive intelligence platform, Pinewood.AI, acquired Seez for $46.2 million in cash and shares, wi ..Read More

UK-based automotive intelligence platform, Pinewood.AI, acquired Seez for $46.2 million in cash and shares, with the share component set to increase over the next three years. Founded in the UAE in 2016 by Tarek Kabrit and Andrew Kabrit, Seez provides software solutions for car dealerships and OEMs. Prior to the acquisition, Seez had raised $4.2 million and expanded to 16 markets worldwide.
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• Autotech

Egypt-based fintech, Fawry, has invested in Egypt-based fintech, Dirac Systems, acquiring a 51.0% equity stake ..Read More

Egypt-based fintech, Fawry, has invested in Egypt-based fintech, Dirac Systems, acquiring a 51.0% equity stake. The investment is part of Fawry’s strategy to expand its business solutions ecosystem, “Fawry Business.” Founded in 2008, Fawry is Egypt’s largest e-payment platform, offering electronic bill payments, mobile top-ups, and digital financial services.
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• Fintech