Country: Bahrain

Wamda

You need to focus on the problem to succeed

Ayman Alashkar, is the founder of UAE-based proptech startup OVERWRITE.ai  We entered 2020 like everyone else, full of ambition and excitement. As the new decade dawned, there was clearly something about this  year that was going […]
November 22nd, 2020
Wamda

Investcorp invests in India's Xpressbees

Source: Reuters Bahrain’s Investcorp said on Sunday it has made an investment in Xpressbees, an Indian logistics startup, as part of a consortium of local and […]
November 22nd, 2020
Wamda

Mubadala Capital leads $35 million investment round in Sweden's FirstVet

Source: Crunchbase Swedish startup FirstVet is expanding its on-demand video consultation platform in the United States after securing a $35 million financing round. Mubadala Capital led the round with […]
November 22nd, 2020
Wamda

Western Union buys $200 million stake in STC Pay

Source: Bloomberg Western Union Co. acquired a 15% stake in stc pay, a unit of Saudi Telecom Co. that’s focused on digital payments and financial technology services, for $200 […]
November 22nd, 2020
Wamda

Fruitful Day raises $817,000 in funding

UAE-based fresh food delivery company Fruitful Day, has secured Dh3 million ($817,000) via equity crowdfunding platform, Eureeca. Started in 2015 by Marie-Christine Luijckx, Yael Mejia, Lyla […]
November 19th, 2020
Wamda

Argineering raises $200,000

Source: WAYA Argineering, the award-winning tech company, raised more than $200,000 through their Kickstarter campaign exceeding their funding goal by over 400%, making them one of […]
November 19th, 2020
Wamda

A glimpse into the Careem Mafia

When Uber acquired Careem in March 2019 for $3.1 billion, the exit was significant not only for the size of the deal, but for its ripple […]
November 18th, 2020
Wamda

Foodtech challenge awards $1 million grant to four startups

Four startups were selected to share a $1 million grant as part of the Tamkeen Foodtech Challenge. Out of 12 finalists, it was Saudi Arabia-based Red […]
November 18th, 2020
Wamda

Immensa Technology acquires Saudi-based Shakl3D and LayLabs

UAE-based 3D printing solution provider Immensa Technology Labs, has acquired two Saudi Arabia-based companies: Shakl3D and LayLabs. The acquisitions come as part of Immensa’s regional expansion […]
November 18th, 2020
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