STARTUP Archives

Dubai Gaming Start-up Exverse Raises USD 3 Million in Investment

• Exverse, a Dubai-based gaming startup, successfully raised $3 million in investment to support its upcoming token launch and enhance marketing efforts. • Cogitent Ventures, Cointelligence, and Moonrock Capital led the private funding round, with...

by WAYA Staff - Feb 18, 2024

Markets

Egypt’s Inflation Rate Unexpectedly Rises to 26.2 % in August

– Egypt’s annual urban consumer price inflation unexpectedly rose to 26.2% in August, up from 25.7% in July, according to...

by WAYA Staff - Sep 10, 2024

Money

AlBaraka Capital Signs MoU with INVIA to Launch First Revenue-based Finance Fund

– AlBaraka Capital, a subsidiary of AlBaraka Bank Egypt, has signed a Memorandum of Understanding (MoU) with INVIA, a leading...

by WAYA Staff - Sep 10, 2024

Money

Blockchain Sports Ecosystem and Alpha Jossor Investments Sign USD 3.3B MoU

– Blockchain Sports Ecosystem and Alpha Jossor Investments have agreed on a Memorandum of Understanding to develop a cutting-edge sports...

by WAYA Staff - Sep 10, 2024

Startups

Oman-based IO Kitchens Raises USD 2.8M in Seed Round

– IO Kitchens, Oman’s leading cloud kitchen startup, has completed a successful seed funding round led by the Tanmia Small-Cap...

by WAYA Staff - Sep 10, 2024

Startups

Egypt’s FlapKap Secures USD 34M in Pre-series A

FlapKap, an Egyptian fintech platform, has announced raising USD 34 million in a pre-Series A funding round, pushing its total...

by WAYA Staff - Sep 10, 2024

Money

Egypt’s Entlaq Acquires Stake in Brotinni to Fuel Innovation in Food Industry

– Entlaq, a Cairo-based think tank and accelerator, has acquired a stake in Brotinni, an Egyptian startup specializing in dark...

by WAYA Staff - Sep 9, 2024

Money

International Consortium Acquires Tamweely Microfinance for Over USD 52M

– A consortium including SPE Capital, EBRD, TCV, and BII has acquired Tamweely Microfinance for over $52 million, purchasing it...

by WAYA Staff - Sep 9, 2024

Startups

Saudi PropTech HissaTech Secures USD 667K in Pre-Seed Funding Round

– HissaTech, a Saudi PropTech startup, raised $667,000 in a pre-seed round led by angel investors, aimed at reshaping real...

by WAYA Staff - Sep 9, 2024

Money

Al-Mashat: Egypt To Obtain USD 1.7B in Funding from EU and World Bank

Egypt’s Minister of Planning, Economic Development, and International Cooperation, Rania Al-Mashat, announced in press statement that the country is expected...

by WAYA Staff - Sep 9, 2024

Startups

UAE-Based Navatech Secures USD 750K in First Close of USD 3M Seed Round

– The UAE-based construction tech firm has achieved a $750,000 first close in its $3 million Seed funding round, supported...

by WAYA Staff - Sep 8, 2024

STARTUP

Dubai Gaming Start-up Exverse Raises USD 3 Million in Investment

Sign up for our newsletter