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Nexus Venture leads large seed funding round of former PayU chief's startup

TMT

29 October, 2024

Nexus Venture leads large seed funding round of former PayU chief's startup

Venture capital firm Nexus Venture Partners has led one of the largest seed funding rounds of the year, betting on ......

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MENA Digest: Lokalee, Maalexi get pre-Series A cheques; MEVP backs Clinicy

TMT

12 January, 2024

MENA Digest: Lokalee, Maalexi get pre-Series A cheques; MEVP backs Clinicy

Dealmaking in the Middle East and North Africa region accelerated in the second week of 2024, with a slew of ......

VC-backed Floranow acquires Saudi Arabian flower distributor Bloomax

Consumer

06 June, 2023

VC-backed Floranow acquires Saudi Arabian flower distributor Bloomax

The UAE-based business-to-business online floral marketplace Floranow has fully acquired Saudi Arabia’s Bloomax, a wholesale distributor of fresh flowers for ......

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How Dubai VC Global Ventures' bigger third fund differs from its first two vehicles

Finance

25 May, 2023

How Dubai VC Global Ventures' bigger third fund differs from its first two vehicles

Dubai-based venture capital firm Global Ventures has identified new focus areas to deploy capital from its third fund, a top executive told VCCircle, as ......

MENA Digest: UAE's Wafeq, BioSapien get biggest funding cheques this week

TMT

13 December, 2024

MENA Digest: UAE's Wafeq, BioSapien get biggest funding cheques this week

The UAE-based startups led the funding activity in the Middle East and North Africa region this week with fintech platform ......

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MENA Digest: Global Ventures-backed Abhi leads fundraising this week

General

18 October, 2024

MENA Digest: Global Ventures-backed Abhi leads fundraising this week

Abhi, a UAE-based fintech startup, which is backed by Global Ventures and VentureSouq, led fundraising activity in the Middle East ......

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MENA Digest: UAE startups lead weekly funding; investment activity slows in June

TMT

12 July, 2024

MENA Digest: UAE startups lead weekly funding; investment activity slows in June

At least three UAE-based startups secured venture capital funding during the week, even as the overall deals activity in the ......

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UAE's Global Ventures gets bigger cheque from returning LP for third fund

Finance

09 July, 2024

UAE's Global Ventures gets bigger cheque from returning LP for third fund

Global Ventures, a UAE-based growth-stage venture capital firm that manages a portfolio of over 60 companies, has brought on board ......

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Dubai Future District Fund makes LP-style bet on regional VC fund

Finance

19 October, 2023

Dubai Future District Fund makes LP-style bet on regional VC fund

The Dubai Future District Fund (DFDF), the region’s first evergreen venture capital fund-of-funds, has made a limited partner-style commitment to ......

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Global Ventures' Sacha Haider on investment strategy, deal pipeline and more

Finance

31 May, 2023

Global Ventures' Sacha Haider on investment strategy, deal pipeline and more

UAE-based growth-stage venture capital firm Global Ventures, which launched its third fund earlier this year is scouting for deals in ......