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Shorooq Partners eyes Saudi expansion with ‘oversubscribed' Bedaya Fund II

Finance

05 June, 2024

Shorooq Partners eyes Saudi expansion with ‘oversubscribed' Bedaya Fund II

Shorooq Partners, an Abu Dhabi-based venture capital firm, is set to double down on its commitments in Saudi Arabia from its oversubscribed ......

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Gulf VC Shorooq Partners marks final close of third fund with oversubscription

Finance

24 April, 2024

Gulf VC Shorooq Partners marks final close of third fund with oversubscription

Shorooq Partners, an Abu Dhabi-based venture capital firm focused on early-stage tech startups, marked the final close of its second VC ......

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MENA Digest: Penny Software, Fortis, U-topia raise funds; Beltone VC launches $30-mn fund

TMT

19 April, 2024

MENA Digest: Penny Software, Fortis, U-topia raise funds; Beltone VC launches $30-mn fund

Funding activity picked up in the Middle East and North Africa region this week after slowing down of action during ......

MENA Digest: DXWand, Crysp Farms, Karty, Crealo secure funding

TMT

26 January, 2024

MENA Digest: DXWand, Crysp Farms, Karty, Crealo secure funding

Egyptian artificial intelligence startup DXWand led dealmaking in the Middle East and North Africa region this week. It raised growth ......

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Shorooq onboards new Korean investor for infusion in new asset classes

Finance

10 December, 2024

Shorooq onboards new Korean investor for infusion in new asset classes

Abu Dhabi-based multi-asset investment firm Shorooq Partners, backed by ten sovereign wealth funds including UAE’s Mubadala and Korean Venture Investment ......

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MENA Digest: Prypco leads funding this week; Pargo, invygo, Mala also raise capital

Infrastructure

25 October, 2024

MENA Digest: Prypco leads funding this week; Pargo, invygo, Mala also raise capital

The Middle East and North Africa region saw key funding announcements this week, led by UAE-based proptech startup Prypco, which ......

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MENA Digest: UAE's SaaS startup Seez leads funding activity this week

General

20 September, 2024

MENA Digest: UAE's SaaS startup Seez leads funding activity this week

UAE-based automotive SaaS startup Seez led fundraising activity in the Middle East and North Africa (MENA) region this week, as ......

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MENA Digest: Egyptian startups lead funding rounds this week

TMT

02 August, 2024

MENA Digest: Egyptian startups lead funding rounds this week

Egyptian startups propelled dealmaking activity in the Middle East and North Africa (MENA) region this week, with at least three ......

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Jordan's ISSF raises LP-style bet on early-stage VC fund

TMT

22 July, 2024

Jordan's ISSF raises LP-style bet on early-stage VC fund

Jordan’s Innovative Startups and Small and Medium Enterprises Fund (ISSF) made a limited partner-style follow-on investment in an existing portfolio ......

MENA Digest: Web3 startup Sentient Labs, Omani firm pocket fat cheques

TMT

19 July, 2024

MENA Digest: Web3 startup Sentient Labs, Omani firm pocket fat cheques

Dealmaking activity in the Middle East and North Africa (MENA) region was led by two big-ticket early-stage funding deals. Sandeep ......