Venture capital (VC) is a type of private equity financing provided by investors to early-stage companies with strong growth potential. Unlike traditional loans, (VC) is typically invested in exchange for equity in the company. As a result, it is a high-risk,...
The MENA region is becoming a hotbed for startup innovation, supported by government reforms, rapidly advancing digital infrastructure, and increased access to venture capital. In 2024, several countries in the Middle East and North Africa are emerging as prime...
Al Menu, a Saudi company specializing in restaurant operational solutions, raised 38 million Saudi Riyals (USD 10.3 million) in a recent funding round led by Al Majdiah Investment. The company will use this funding to expand and cement its position in Saudi Arabia's...
Saudi Arabia-based adtech platform Quantum has secured funding as part of its $7 million Pre-Series-A round. HearstLab, the investment arm of Hearst Corporation, led the round. This investment marks HearstLab’s first venture in the Middle East, highlighting the...
UAE-based podcast platform Podeo has raised $5.4 million in a Series A round. The funding was led by Oraseya Capital, with additional investors such as Ibtikar Fund, Cedar Mundi Ventures, Samarium, iSME, and Razor Capital. Founded in 2020 by Stefano Fallaha, Anthony...
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