Tag: Funding
Saudi agritech firm Red Sea Farms raises $16mn to fuel expansion...
Saudi Arabia-based agriculture technology company Red Sea Farms has raised $16 million in an oversubscribed investment round in order to expand its operations in...
Dubai-based car-sharing app Udrive closes $5mn funding to accelerate expansion
Dubai-based startup Udrive has closed a $5 million funding round led by regional investors and venture capitalists in order to accelerate its expansion over...
Electric vehicle maker Rivian raises $2.5bn in latest funding round
American electric vehicle startup Rivian has closed a $2.5 billion fundraising round led by investors Amazon, Ford Motor and T. Rowe Price.
The funding round...
OPEC Fund to pour $20mn for road infrastructure expansion in The...
Austria- based intergovernmental development finance institution, OPEC Fund for International Development (OFID) has signed a $20 million worth loan agreement with The Gambia to...
Dubai-based startup Opontia secures $20mn to expand MEA operations
Dubai-based eCommerce startup Opontia has raised $20 million in one of the largest seed rounds in the Middle East and Africa (MEA) in order...
UAE-based solar startup Pawame raises $2.5mn for expansion
UAE-based off-grid solar startup Pawame has raised $2.5 million in grants and equity, with a $5 million early-stage funding round planned in order to...
Dubai proptech startup Stake raises $4mn to expand operations
Dubai-based fintech and real estate investment platform Stake has raised $4 million in an initial funding round in order to expand its services to...
India’s Byju’s enroute to become most valuable startup in the country...
India’s online education pioneer Byju’s is raising $150 million from UBS Group, a Swiss multinational investment bank, at a valuation of about $16.5 billion....
