UAE-based gametech, PlaysOut, raised $M in a seed funding round at a $70 million valuation from investors, inc ..Read More

UAE-based gametech, PlaysOut, raised $M in a seed funding round at a $70 million valuation from investors, including OKX Ventures, KBW Ventures, and Pacific Century Group. The investment will support PlaysOut’s efforts to expand its mini-game ecosystem, establish strategic partnerships, and explore high-growth markets across the US, MENA, and Asia.
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• Gametech

UAE-based wellness company, Longetivy Wellness Hub, secured $4 million in funding from undisclosed investors. ..Read More

UAE-based wellness company, Longetivy Wellness Hub, secured $4 million in funding from undisclosed investors. The investment will support the company’s expansion across the GCC. Founded in 2019 by Dani Afiouni, Longetivy provides alternative wellness solutions, including hyperbaric oxygen therapy, red light therapy, and quantum-based treatments.
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• Wellness

UAE-based fintech, KLAIM, secured $10 million in a Series A equity funding round led by Mad’a Investments, w ..Read More

UAE-based fintech, KLAIM, secured $10 million in a Series A equity funding round led by Mad’a Investments, with participation from CDG Invest, alongside an additional $16 million from Tharawat Tuwaiq Financial Company. Previously, KLAIM raised $5 million in its 2022 seed round from Knuru Capital. The investment will support its expansion, technological advancements, and partnerships with financial institutions and healthcare providers.
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• Fintech

Kuwait-born and UAE-based q-commerce and foodtech, Talabat, has acquired 100% of UAE-based online marketplace, ..Read More

Kuwait-born and UAE-based q-commerce and foodtech, Talabat, has acquired 100% of UAE-based online marketplace, InstaShop, from Delivery Hero SE for $32 million, making it a wholly owned subsidiary. The acquisition strengthens Talabat’s grocery and retail offerings across MENA. Founded in 2015, InstaShop operates in the UAE, Bahrain, Egypt, Lebanon, and Qatar. Talabat, founded in 2004, was previously acquired by Rocket Internet for $170 million in 2015.
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• Foodtech

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

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 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 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