UAE-based healthtech, Valeo Health, raised $12 million in its Series B round, bringing its total funding to $2 ..Read More

UAE-based healthtech, Valeo Health, raised $12 million in its Series B round, bringing its total funding to $20 million. The round was led by Flintera, with participation from Nuwa Capital, FJ Labs, Oryx, Mindshift Capital, Oraseya, and Eirad.
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• Healthtech

UAE-based AI startup, Lumi AI, closed a $3.7 million seed funding round, led by AgFunder, with participation f ..Read More

UAE-based AI startup, Lumi AI, closed a $3.7 million seed funding round, led by AgFunder, with participation from Forum Ventures, ADQ, Qora71 syndicate, and other angel investors. Earlier, in August 2023, Lumi secured its first round of funding from Forum Ventures, Annex Investments, and strategic angels.
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• AI

UAE-based fintech enza secured a $6.75 million seed equity round, co-led by Algebra Ventures and Quona Capital ..Read More

UAE-based fintech enza secured a $6.75 million seed equity round, co-led by Algebra Ventures and Quona Capital. The funding will help enza strengthen its presence across key markets in Africa, building on its existing footprint in Egypt, Nigeria, and South Africa.
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• Fintech

UAE-based streaming platform OSN+ raised $57 million from Warner Bros Discovery for an approximate 30% equity ..Read More

UAE-based streaming platform OSN+ raised $57 million from Warner Bros Discovery for an approximate 30% equity stake. The investment aims to enhance locally produced content and attract regional viewers. Additionally, in December, OSN Group invested $55 million in Lebanon-founded music streaming app Anghami Inc., further expanding its footprint in the regional entertainment sector.
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• Media & Entertainment

UAE-based fintech ClearGrid raised $3.5 million in a pre-seed round co-led by Raed Ventures and Beco Capital, ..Read More

UAE-based fintech ClearGrid raised $3.5 million in a pre-seed round co-led by Raed Ventures and Beco Capital, with participation from Waed Ventures, KBW Ventures, and others.
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• Fintech

UAE-based fintech, ClearGrid, secured $6.5 million in a seed round co-led by Nuwa Capital and Raed Ventures, a ..Read More

UAE-based fintech, ClearGrid, secured $6.5 million in a seed round co-led by Nuwa Capital and Raed Ventures, alongside investors such as Sharaka, 9yards Capital, and Protagonist. The funding will support ClearGrid’s AI-powered debt collection solutions and regional expansion.
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• Fintech

UAE-based fintech, Nymcard, raised $33M in a Series B funding round led by QED Investors, with participation f ..Read More

UAE-based fintech, Nymcard, raised $33M in a Series B funding round led by QED Investors, with participation from Lunate, DFDF, Mashreq Bank, Knollwood, and others. This investment aims to strengthen NymCard’s payment infrastructure and expand its presence across 10+ MENA markets. Previously, NymCard secured $22.5 million in a 2022 venture round led by DisruptAD and Reciprocal Ventures.
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• Fintech

UAE-based ORO Labs, a tokenised gold platform, raised $1.5M in a pre-seed funding round led by 468 Capital, wi ..Read More

UAE-based ORO Labs, a tokenised gold platform, raised $1.5M in a pre-seed funding round led by 468 Capital, with participation from Fasset and angel investors. The investment will enable ORO to expand its product offerings and strengthen its integrations across both decentralised and traditional finance.
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• Fintech