Amplify Growth Partnership launched a $100 million growth debt fund to support tech-focused companies in the M ..Read More

Amplify Growth Partnership launched a $100 million growth debt fund to support tech-focused companies in the MENA region, particularly in the GCC. Established in partnership with Ajeej Capital and Nuwa Capital, the fund is led by Sharaf Sharaf and has already closed its first deal with a fintech company in Saudi Arabia.
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• Tech-focussed

UAE-based automotive SaaS startup, Seez raised $4.2 million from international investors to support its expans ..Read More

UAE-based automotive SaaS startup, Seez raised $4.2 million from international investors to support its expansion into the US market. This funding will enable Seez to tap into one of the largest automotive markets globally, enhancing its growth potential and strengthening its position in the industry.
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• Autotech

UAE-based fintech FlapKap has secured new funding led by BECO Capital, with notable investment from Pact VC an ..Read More

UAE-based fintech FlapKap has secured new funding led by BECO Capital, with notable investment from Pact VC and follow-on contributions from A15, Nclude, QED Investors, along with debt financing from Channel Capital. This brings FlapKap's total funding to $37.6 million.
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• Fintech

UAE-based HRtech Cercli has secured funding led by Afore Capital, with participation from COTU Ventures, Y Com ..Read More

UAE-based HRtech Cercli has secured funding led by Afore Capital, with participation from COTU Ventures, Y Combinator, Rebel Fund, and notable individual investors. Founded in 2023, Cercli helps businesses eliminate human error and reduce compliance costs. The investment will support its growth and talent acquisition efforts.
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• HRtech

UAE-based fintech Ziina has secured new funding led by US-based Altos Ventures, with participation from Fintec ..Read More

UAE-based fintech Ziina has secured new funding led by US-based Altos Ventures, with participation from Fintech Collective, Avenir Growth, Activant Capital, Y Combinator, FJ Labs, MEVP, and Jabbar Internet Group. This investment will support Ziina's expansion from a payments solution to offering comprehensive financial services, starting with the upcoming ZiiCard.
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• Fintech

UAE-based ERP provider Hulexo has secured a Seed investment from Arzan VC. Founded in 2021, Hulexo helps retai ..Read More

UAE-based ERP provider Hulexo has secured a Seed investment from Arzan VC. Founded in 2021, Hulexo helps retailers streamline operations with customized, subscription-based ERP systems. The investment will support Hulexo's expansion plans into Kuwait and Saudi Arabia.
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• Information Technology