
$57M
Minority Stake (30%)
- UAE
- March 24, 2025
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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Undisclosed
Acquisition
- Saudi Arabia
- February 10, 2025
Saudi Arabia-based social media platform, Mush Social, acquired Pubbles, a Saudi Arabia-based social media app ..Read More
Saudi Arabia-based social media platform, Mush Social, acquired Pubbles, a Saudi Arabia-based social media app, to expand its user base and strengthen its digital presence. Founded in 2022 by Abdulhadi Alasmi, Mush Social integrates virtual assets and rewards through its map-based platform. Pubbles, launched in 2020, specialized in interactive virtual communities. This acquisition aligns with Mush Social’s growth strategy following its $1.2 million pre-seed round in November 2024.
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$55M
Undisclosed
- Lebanon
- December 17, 2024
Lebanon-founded music streaming app Anghami Inc. secured a $55 million funding round from OSN Group, including ..Read More
Lebanon-founded music streaming app Anghami Inc. secured a $55 million funding round from OSN Group, including $12 million in an initial investment through a convertible note programme. OSN+, owned by Kuwait Projects Company Holding (KIPCO), merged with Anghami in April, acquiring a 55.45% majority stake. This investment aimed to accelerate the growth of both Anghami and OSN+, supporting the expansion of their content libraries. In March 2024, Saudi Arabia's MBC Group acquired a 13.7% stake in Anghami, which went public on the US NASDAQ last year.
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$5.4M
Series A
- UAE
- September 30, 2024
UAE-based podcast distribution platform, Podeo raised $5.4 million in Series A funding, led by Oraseya Capital ..Read More
UAE-based podcast distribution platform, Podeo raised $5.4 million in Series A funding, led by Oraseya Capital. After amassing 50 million subscribers, Podeo aims to expand into Latin America, Eastern Europe, and Southeast Asia. Other participants in this round include Ibtikar Fund, Cedar Mundi Ventures, Samarium, iSME, and Razor Capital.
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#See Funding Rounds
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- Series C
- pre-Series A
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