Data Insights The 2021 Data Insights feature data and analysis on private capital activity in China, India, Southeast Asia, Africa and Central & Eastern Europe (CEE) through year-end 2020. This year, members also have access to LAVCA’s 2021 Industry Data & Analysis on private capital activity in Latin America, as… Read More
Anthemis Exponential Ventures led a USD7m round for NOW Money, a Dubai-based fintech that provides digital accounts, low-cost remittances and other financial services to migrant workers, with participation from Knuru Capital, Wamda, Commercial Bank of Dubai, DIFC FinTech Fund, Accion Venture Lab, Greenhouse Capital and Hambro Perks’ Oryx… Read More
Mohamed Yousuf Naghi Group, AlTouq Group, Derayah Ventures, B&Y Venture Partners, AbdulMohsin Al Houkair Holding Group and Nazer Group invested a USD20m Series A for Dubai-based cloud kitchen operator iKcon (Innovative Kitchen Concepts). Read more… Read More
Gulf Capital has invested an additional USD30m in portfolio company ART Fertility Clinics, a UAE-based provider of fertility treatment services, to expand its operations to India. Gulf Capital acquired 100% of ART Fertility Clinics for over USD100m in January 2020. Read more… Read More
Gulf Capital has acquired US-based healthtech companies Eclat Health and Hansei Solutions for USD60m in a bolt-on acquisition aimed at expanding its healthcare-focused RCM platform. Gulf Capital already has a majority stake in UAE-based RCM provider Accumed. Read more… Read More
Impact46, through its Impact46 Growth Fund, led a USD6.5m Series A for Saudi Arabia-based fintech Hala, with participation from Wamda and strategic investors. Read more… Read More
Jordan-based VC Propeller has reached an undisclosed first close for Propeller Ventures II. The vehicle has a target size of USD15m and plans to invest in pre-seed and seed-stage startups in Jordan and the wider MENA region. Read more… Read More
SHUAA Capital led a USD50m venture debt investment for UAE-based agtech Pure Harvest Smart Farms. Sancta Capital led a USD10m equity round in January 2021. Read more… Read More
Derayah Ventures led a USD7.2m Series A for Saudi Arabia-based fintech Lendo, with participation from Seedra Ventures, Shorooq Partners, 500 Startups and Impact46. Read more… Read More
Anghami, a Lebanon-based music streaming platform backed by Samena Capital, MEVP, and Endeavor Catalyst, is going to list on the Nasdaq via a merger with Vistas Media Acquisition Company, a SPAC backed by SHUAA Capital and Vistas Media Capital Singapore which raised USD100m in its IPO on the… Read More
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