Tag: FundingNews

UAE-based VC Iliad Partners closes $50m fund with Eurobank, NBG, and Piraeus Bank as first Greek institutions investing in MENA startups. Rasmal

UAE-based venture capital firm Iliad Partners has confirmed the second close of its $50 million Iliad Partners Tech Ventures Fund ...

Anthropic Raises $13B at $183B Valuation: An Analysis of its Explosive Growth

bySafiya K

September 3, 2025

AI company behind Claude chatbot demonstrates explosive revenue growth amid enterprise adoption surge Artificial intelligence company Anthropic has successfully closed ...

Renew Capital Invests in Moroccan AI Startup Hypeo Ai to Transform Influencer Marketing in Africa and the Middle East

bySafiya K

August 18, 2025

Renew Capital, an Africa-focused impact investment firm, has announced an investment in Hypeo Ai, a Moroccan artificial intelligence startup redefining ...

Executives from Snoonu and Jahez sign the acquisition agreement in Doha, marking a $320 million cross-border tech deal that establishes Qatar’s first billion-riyal startup exit.

Jahez Acquires Majority Stake in Snoonu for $320M, Marking Qatar’s First Billion-Riyal Tech Exit

byTeam Rasmal

July 9, 2025

Key Takeaways Saudi-based Jahez Group acquires a majority stake in Qatar’s Snoonu in a $320 million deal Valuation crosses QAR ...

Dubai-based Prop-AI secured $1.5 million from Plus VC, Oraseya Capital, and others to expand its AI-powered real estate platform across the MENA region. The startup plans to launch new tools for investors and professionals. - Rasmal

Prop-AI Raises $1.5 Million to Build AI Infrastructure for Smarter Real Estate Investing Across MENA

byTeam Rasmal

June 20, 2025

Backed by Plus VC, Oraseya Capital, and Plug & Play, Dubai-based startup eyes regional expansion and launch of Prop-AI Business ...

MENA Startup Scene Soars $88.7 Million Raised in February Funding Spree

MENA Startup Funding Hits $88.7 Million in February 2024

byRasmal Press Room

March 8, 2024

Startups in the MENA region raised $88.7 million in February, showing a 2% increase from the previous month but an ...

Prime Minister Sheikh Mohammed Launches $1 Billion VC Initiative to Energize Qatar's Innovation

Qatar’s Prime Minister Sheikh Mohammed Bin Abdulrahman Al-Thani Announced a $1 Billion Investment in International & Regional Venture Capital Funds

byRasmal Press Room

February 27, 2024

Qatar's Prime Minister, HE Sheikh Mohammed bin Abdulrahman bin Jassim Al Thani, spearheads a $1 billion venture capital initiative by ...

Sawari Ventures Launches $150 Million Fund to Boost Egyptian Startup Ecosystem

Sawari Ventures Unveils $150 Million Fund to Support Egyptian Startups

byRasmal Press Room

February 21, 2024

Sawari Ventures announces a substantial $150 million fund dedicated to supporting Egyptian startups, signalling a significant boost for the country's ...