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almentor Raises $10M in Series C Funding

almentor, a Dubai, UAE-based provider of an online video learning platform in Arabic, raised $10M in Series C funding. The round was led by e&...

Qstay Hospitality Technologies Raises $6.5M in Seed Funding

Qstay Hospitality Technologies, a Dubai, UAE-based DIFC based hospitality company, raised $6.5M in Seed debt and equity funding. The backers were not disclosed. The company...

Ripple Acquires 40% Stake in Tranglo

Ripple, a provider of enterprise blockchain solutions for global payments, is to acquire 40% of Asian cross-border payments specialist Tranglo. The amount of the...

Nomad Homes Raises $4M in Seed Funding

Nomad Homes, a Dubai, UAE-based proptech startup, raised $4m in seed funding. The round was led by Comcast Ventures with participation from Abstract Ventures, Partech,...

Dubai Future Accelerators Program Launches Third Call

The Dubai Future Accelerators program has launched its third call. Run by the Dubai Future Foundation*, the program focuses on building partnerships and developing...

Fetchr Closes $11M Series A Funding

Fetchr, a Dubai-based provider of a package delivery app, closed $11m Series A funding. The round was led by New Enterprise Associates (NEA). The company intends...

Namshi Raises $13M in Funding

According to multiple reports, Namshi, the Middle East-based online fashion store backed by Rocket Internet, raised $13m in funding. The backer was Summit Partners. The company...

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