Wa’ed and Savola Lead USD18.5m Round for Saudi Arabia’s Red Sea Farms
Wa’ed and The Savola Group led a USD18.5m round for Saudi Arabia-based agtech Red Sea Farms, with participation from KAUST Innovation Fund and OlsonUbben. Read more… Read More
Wa’ed and The Savola Group led a USD18.5m round for Saudi Arabia-based agtech Red Sea Farms, with participation from KAUST Innovation Fund and OlsonUbben. Read more… Read More
UAE-based fintech Zenda (formerly Nexopay) raised a USD9.4m seed round from STV, COTU Ventures, Global Founders Capital and VentureSouq. Read more… Read More
Global Emerging Markets Group leads USD35m round for UAE-based D2C platform Millennial Brands, with participation from Al Attiyah Group, Dash Ventures, Ishango Consulting and Rami Al Ali. Read more… Read More
Prosus and Sanabil Investments led a USD170m Series C for Foodics, a Saudi Arabia-based payments platform for restaurants, with participation from Sequoia India and follow-on from STV and Endeavor Catalyst. Read more… Read More
Actis acquired a 50% stake in UAE-based district cooling services provider Emirates District Cooling Company (EMICOOL) from Dubai Investments at a reported USD1b valuation. Read more… Read More
COTU Ventures and Colle Capital led a USD3m round for Qureos, a UAE-based career upskilling startup, with participation from Globivest, Plutus21 Capital, Dubai Angel Investors, AlZayani Venture Capital and angels. Read more… Read More
Jordan-based healthtech Altibbi raised a USD44m Series B led by Foundation Holdings, Hikma Ventures and existing investors Global Ventures and DASH Ventures. Read more… Read More
E-Vision and ADQ agreed to acquire a 57% stake in Starzplay Arabia, a Saudi Arabia-based video streaming platform backed by Ruya Partners, for an undisclosed amount. Read more… Read More
Sequoia Capital India and STV led a USD54m Series B+ for UAE-based BNPL platform Tabby, with follow-on from Arbor Ventures, Mubadala and Global Founders Capital. Read more… Read More
Merak Capital invested USD40m in Saudi Arabia-based data and digital transformation startup Master Works. Read more… Read More
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