Real estate tech company, Blueground, has closed $20 million in its latest funding round, including $12 million in 2018 and $8 million in 2019, bringing the total funding of the company to $28
Kuwaiti food and beverage supplier, Jumla Club, has closed a Pre-Series A round of financing for an undisclosed amount.
The round also saw participation of strategic investors, global VCs, and angel investors including Esther Dyson, executive founder of Wellville, and Jambu Palaniappan, former Head of Uber Eats - EMEA.
This investment comes as GoodsMart prepares to raise a Series B investment round. Algebra Venture had previously invested $750,000 in the startup’s Series A round in April 2017.
ICEYE and Spire, both cofounded by alums of the Forbes 30 Under 30, are embarking on a joint project to track crimes on the high seas, ranging from illegal fishing to piracy.
The startup has facilitated over three million deliveries via its platform since inception and on-boarded prominent enterprise clients across the UAE and Saudi Arabia.
Effective planning can pave the way for the overall success of your business and gives you something to refer to when creating targets and monitoring progress.
2018 proved to be another record year for the MENA startup ecosystem, with total funding up 31% from 2017, according to MAGNiTT’s 2018 MENA Venture Investment Report.