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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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SVC, Jada-backed PE firm acquire stake in Saudi edtech company

Consumer

11 July, 2024

SVC, Jada-backed PE firm acquire stake in Saudi edtech company

Saudi Venture Capital (SVC)-backed private equity firm Olive Rock Partners has acquired a strategic stake in a leading Saudi Arabian ......

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In Charts: UAE dominates PE-VC activity in H1 2024 but Saudi Arabia makes a leap

Finance

11 July, 2024

In Charts: UAE dominates PE-VC activity in H1 2024 but Saudi Arabia makes a leap

The United Arab Emirates continued to dominate private equity and venture capital deals activity in the Middle East during the ......

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DFDF CEO on funding trends and why MENA startups didn't see steeper valuation drop

Finance

10 July, 2024

DFDF CEO on funding trends and why MENA startups didn't see steeper valuation drop

Dubai Future District Fund (DFDF), the region’s first evergreen venture capital fund-of-fund, has deployed over a quarter of its initial ......

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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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In Charts: How Middle East PE-VC dealmaking fared in H1 2024

Finance

08 July, 2024

In Charts: How Middle East PE-VC dealmaking fared in H1 2024

The number of private equity and venture capital deals in the Middle East region fell by almost a fourth in ......

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MENA Digest: Voice technology startup Intella,  edutech firms Jeel, El Kheta raise funds

TMT

05 July, 2024

MENA Digest: Voice technology startup Intella, edutech firms Jeel, El Kheta raise funds

Egyptian voice technology startup Intella led funding activity in the Middle East and North Africa (MENA) region during the week, ......

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Lebanese VC Globivest's Jasmine Busson on new fund, healthcare focus and more

Finance

04 July, 2024

Lebanese VC Globivest's Jasmine Busson on new fund, healthcare focus and more

Lebanese women-led venture capital firm Globivest is chugging fast towards the final close of its second fund, a top executive ......

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BitOasis backer Wamda Capital joins CoinDCX cap table as common investor Pantera stays put

TMT

03 July, 2024

BitOasis backer Wamda Capital joins CoinDCX cap table as common investor Pantera stays put

UAE-based venture capital firm Wamda Capital, an early investor of BitOasis, has joined the cap table of Indian digital assets ......

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MENA Digest: Connect Money leads fundraising; Smpl Holdings sets up VC fund

TMT

28 June, 2024

MENA Digest: Connect Money leads fundraising; Smpl Holdings sets up VC fund

Egyptian fintech startup Connect Money led funding activities in the Middle East and North Africa region this week. It raised $8 ......