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Here's what's happening in the tech, startup and VC universe today:
1.Web Summit in talks with UAE for global tech event by 2022
2.SoftBank in talks with Saudi, UAE & Oman for second $100 billion Vision Fund
3.Tenderd raises $5.8 million seed
4.FreshToHome raises $11 million Series A
5.Orcas raises $500,000 Pre-Series A
6.Fintech startup Tez wins $100,000 grand prize at Visa Everywhere Initiative
7.Dubai’s Jabbar Internet Group leads $1 million Pre-Series A in Arzooo
Amazon Prime launches in UAEThe MENAbytes Drop is brought to you Dukkan Media.
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Here's what's happening in the tech, startup and VC universe today:
Saudi Aramco Energy Ventures co-leads $6 million investment in American blockchain startup Data Gumbo Dubai-based truck aggregator Trukkin raises $3.5 million to connect shippers and truckers in the Middle East Careem acquires UAE-based bike-sharing startup Cyacle to expand into micro-mobility Ford and Swvl announce strategic partnershipThe MENAbytes Drop is brought to you Dukkan Media.
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This week’s headlines:
Oman’s eMushrif raises $1 million Pre-Series A Odiggo raises $180,000 seed ArqamFC gets acquired by UK’s StatsBomb. Uber stumbles almost 8% on stock market debut Abu Dhabi Investment Office launches $166 million Ghadan Ventures Fund InstaDeep raises $7 million Series A. Checkout.com, raises $230 million Series A Kitab Sawti, an Arabic audiobook platform, raises $6 million Series AThe MENAbytes Drop is brought to you Dukkan Media.
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Here's what's happening in the tech, startup and VC universe today:
The Luxury Closet wraps up growth round with $11 million, acquires Hong Kong-based Guiltless Bayut expands to Saudi Yumamia raises $1.5 million Pre-Series A, plans expansion to Saudi Airbnb launches Arabic website and mobile app 5. Exclusive: WeWork to open first coworking space in Dubai by Q4 2019 -
Here's what's happening in the tech, startup and VC universe today:
Saudi approves new residency permit for entrepreneurs, investors, and skilled expatriates Dubai’s Majid Al Futtaim has acquires Wadi.com Saudi’s Resal raises $800,000 Pre-Series A Egypt’s XPay raises $250,000 Pre-seed Jordanian edtech startup Little Thinking Minds closes Series A with ~$1.8 million Deliveroo raises $575 million led by AmazonThe MENAbytes Drop is brought to you Dukkan Media.
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MenaBytes Headlines 1. HungerStation’s COO, CMO & CHRO also leave amid ongoing leadership reshuffle by Delivery Hero 2. Amazon rebrands Souq to launch Amazon.ae 3. European on-demand delivery startup exits Egypt leaving over 40 employees and 3,000 delivery partners without work 4. Dubai’s Kerning Cultures raises $460,000 seed for its Middle Eastern podcast network 5.Pakistani motorbike-based ride-hailing and logistics startup Bykea raises $5.7 million in country’s largest Series A.
