Elevate to increase MENA presence after securing $5 million pre-Series A

Elevate, a London and Dubai-based fintech, has raised $5 million in a pre-series A investment round, according to the company's statement, which does not name the investors. Founded in 2021 by Faris Keenan, Khalid Keenan and Youcef Oudjidane, Elevate offers financial solutions for remote workers and freelancers in emerging markets to better manage their finances.…

ByPooja SatishJune 29, 20240Comments

Investments

Dubai’s Tenderd raises $30 million Series A for its heavy equipment management platform

Dubai-based heavy equipment management platform Tenderd has raised $30 million in a Series A round led by Denmark’s A.P. Moller Holding, the parent company of A.P. Moller Group, which owns the world’s largest container shipping company Maersk, and many other businesses. The round was also joined by new investors; London-based B2B SaaS VC Quadri Ventures…

ByPooja SatishJune 29, 20240Comments

News

Iraq’s Orisdi lands six-figure bridge round

Iraq-based e-commerce platform Orisdi has raised a six-figure bridge round of investment, backed by existing investors, including Al Sharqiya TV Group, Iraq Venture Partners (IVP), Amar Shubar, Nour Sabri, Mazin Yaseen, Mohammed Faraj, Rayya Al Zubaydi, Naveed Pasha, and Ahmed Al Kiremli, among other angel investors. Founded in 2019 by Ahmed Al Kiremli and Hala…

ByPooja SatishJune 29, 20240Comments

News

UAE-Based Proptech Qstay Secures $4.6 Million in Pre-Series A Funding

Qstay’s hospitality and rental property management platform leverages AI to reduce operating costs by up to 50 percent. Dubai-based property tech startup Qstay has secured $4.6 million…

ByPooja SatishJune 29, 20240Comments

Apply now: TiE Women MENA Programme 2024

TiE Dubai is launching the 5th edition of the TiE Women MENA Programme. This programme aims to embrace, engage and empower women entrepreneurs across the MENA region– irrespective of the size of the enterprises, origin, standing or background. Eligibility Criteria Female-founded or co-founded startups ONLY. (The opportunity to pitch will only be provided to the…

ByPooja SatishJune 29, 20240Comments

Investments News

Iraq’s Alsaree3 Closes 7-figure Series A round

Iraq-based food delivery app Alsaree3 has raised a seven-figure Series A funding round, from investors including Iraq Venture Partners (IVP), Euphrates Ventures, and Snoonu. Founded in 2018 by Bassam Al-Ateia, Alsaree3 offers restaurants a user-friendly platform that makes food ordering and delivery seamless and accessible. This new funding round will enable Alsaree3 to accelerate its…

ByPooja SatishJune 29, 20240Comments

Featured Founder Stories

Rashid Al Ghurair: Innovating Fuel Delivery with Cafu

The Beginning of an Idea “I’ve always been intrigued by how technology can simplify our lives,” says Rashid Al Ghurair, the visionary behind Cafu, the Middle East’s first on-demand fuel delivery service. Born into one of the most prominent business families in the UAE, Rashid was exposed to the intricacies of entrepreneurship from a…

ByPooja SatishJune 29, 20240Comments

Uncategorized

Testing the WordPress API

[Testing the WordPress API] [Executive Summary] This article delves into the intricacies of testing the WordPress API, a powerful tool that allows developers to interact with WordPress websites programmatically. We'll explore various testing approaches, encompassing unit testing, integration testing, and end-to-end testing, providing practical guidance on how to ensure your API integrations function…

ByPooja SatishJune 29, 20240Comments

Investments

Egyptian fintech Connect Money raises $8 million seed for its embedded finance platform

Egyptian fintech Connect Money has raised $8 million in a seed round led by Disruptech Ventures, Algebra Ventures, and Lorax Capital Partners, with additional participation from One Stop and MDP, it announced in a statement today. The startup was founded in 2023 by Ayman Essawy, Marwan Kenawy, and Momtaz Moussa, who previously founded Egyptian loyalty…

ByPooja SatishJune 29, 20240Comments

Featured Startup Stories

Cafu – Story

Cafu: A Dubai Startup Reigniting the Road Cafu's story is a prime example of a Dubai startup that roared onto the scene, identified a gap in the market, and completely transformed a mundane task. Here's a deeper dive into their impressive journey: From Frustration to Innovation: The spark of inspiration for Cafu came in 2018.…

ByPooja SatishJune 29, 20240Comments

Pooja Satish

Elevate to increase MENA presence after securing $5 million pre-Series A

Dubai’s Tenderd raises $30 million Series A for its heavy equipment management platform

Iraq’s Orisdi lands six-figure bridge round

UAE-Based Proptech Qstay Secures $4.6 Million in Pre-Series A Funding

Apply now: TiE Women MENA Programme 2024

Iraq’s Alsaree3 Closes 7-figure Series A round

Rashid Al Ghurair: Innovating Fuel Delivery with Cafu

Testing the WordPress API

Egyptian fintech Connect Money raises $8 million seed for its embedded finance platform

Cafu – Story

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