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Yuze Secures $30 Million Investment to Drive Financial Inclusion
Major Investment Achievement Yuze, a fintech company based in the UAE, has recently achieved a significant milestone by raising $30 million. Osten Investments led this funding round. Founded by Rabih Sfeir in 2022, Yuze aims to transform financial services for...
MealPlanet Secures $6 Million Seed Funding
In a significant development for the foodtech industry, MealPlanet, a UAE-based startup, has successfully secured $6 million in Seed funding. This substantial investment, led by prominent venture capital firms MEVP, AlTouq Group, Sanabil 500, Faith Capital, and...
the Lean Startup Methodology: A Comprehensive Guide
In the fast-paced world of entrepreneurship, agility and adaptability are key to survival and success. Fortunately, the Lean Startup methodology, developed by Eric Ries, offers a framework for navigating the complexities of launching a new business. By emphasizing...
Startup Funding in MENA Region: A Record-Breaking July 2024
Startup funding in the Middle East and North Africa (MENA) region witnessed a remarkable surge in July 2024. Notably, investments soared to USD 355 million, reflecting a dramatic 206% increase from the previous month and a 260% rise compared to July 2023....
Book Tips for Startup Entrepreneurs: Essential Reads for Success
Starting a business is a thrilling yet challenging endeavor. To navigate the complexities of entrepreneurship effectively, having the right knowledge is crucial. One way to gain this insight is through reading. Here are some valuable book tips for startup...
the Challenges of Social Entrepreneurship: Insights and Solutions
Social entrepreneurship is an inspiring and dynamic field dedicated to addressing societal issues through innovative solutions. Nevertheless, pursuing social impact comes with its own set of unique challenges. Consequently, understanding these hurdles is crucial for...
Athir Raises Funding Round, Poised to Transform Saudi Healthcare
Saudi Arabia-based healthtech company Athir has successfully closed its first investment funding round. Notably, Wa’ed Ventures, SHARE Investment Co., and RZM Investment participated as key investors. Although the exact amount remains undisclosed, this milestone...
Cairo-Based Fintech Lucky One Secures $3 Million Funding
New Funding Round Details Cairo-based fintech startup Lucky One has raised $3 million in a new funding round. On Tuesday, the company announced that it secured this financing through a convertible note. Existing investors, including Lorax Capital Partners, KEM, and...
TWLM Secures $270,000 Investment to Expand its Services in KSA
Investment Boosts Expansion Plans Saudi Arabia-based food pick-up app TWLM has successfully raised $270,000 in its latest funding round. Specifically, B Group led this investment, with valuable contributions from angel investors. This funding marks a significant...