Kuwait-based autotech/fintech startup, Motery, secured a seed funding round at an $8 million valuation for an ..Read More

Kuwait-based autotech/fintech startup, Motery, secured a seed funding round at an $8 million valuation for an undisclosed amount. The investment will support Motery’s expansion as a one-stop platform for online car buying and financing. Founded in 2029 by Mohammad Al Abdulsalam and Abdulla Al Ateeqi, the startup simplifies vehicle purchases with flexible financing solutions tailored to customer needs.
Read Less

• Autotech
• Fintech

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.
Read Less

• Autotech

UAE-based Dubizzle Group acquired Egypt-based online car marketplace, Hatla2ee, for an undisclosed amount. The ..Read More

UAE-based Dubizzle Group acquired Egypt-based online car marketplace, Hatla2ee, for an undisclosed amount. The acquisition aimed to integrate Dubizzle’s advanced technology and resources into Hatla2ee’s platform. Previously, in May 2024, Dubizzle Group acquired Drive Arabia, a UAE-based automotive media and reviews platform.
Read Less

• Autotech

UAE-based B2B autotech startup, BuyAnyAutoPart raised $750,000 in pre-seed funding from Galadari Brothers, 6G ..Read More

UAE-based B2B autotech startup, BuyAnyAutoPart raised $750,000 in pre-seed funding from Galadari Brothers, 6G Capital, and other undisclosed investors. The funding was allocated to executing contracts with several multi-brand workshops in the UAE, with plans to expand its services to thousands of small and medium-sized garages nationwide.
Read Less

• Autotech

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.
Read Less

• Autotech

Saudi Arabia-based autotech Syarah has secured funding led by Artal Capital, with participation from Elm, Impa ..Read More

Saudi Arabia-based autotech Syarah has secured funding led by Artal Capital, with participation from Elm, Impact46, Tawuniya, and Derayah Ventures, bringing its total investment to over $82 million.
Read Less

• Autotech