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Saudi Arabia s Retailo bags $36m led by Graphene Ventures

The Series A funding round was a mix of equity and venture debt

Saudi arabiaSaudi arabianWahaj ahmedMohammad nowkhaizTalha ansariNabila borhanuAujan groupAbercross holdingsNahda fundPublic investment fundMentor fundSilicon valley based graphene venturesMagility venturesTech invest comShorooq partnersMiddle east

Mena private capital deals number 214 worth $19bn in H1

Private capital deals in the Middle East and North Africa have increased from 48 in H2 2018 to 214 in H1 2022, driven by tech-enabled and digital platforms – with investment rising from $5.2 billion to $19 billion, said a report.

Nusa tenggara timurUnited arab emiratesAbu dhabiAbuz abySaudi arabiaKelix bioFinancing opportunities fundAramco gas pipelines companyAbraaj groupFalcon alpha wave incubation fundGlobal private capital associationNahda fundHassana investment companyRakiza fundCapital shariah credit opportunities fundIbtikar fund

Shorooq Partners Launches $150 Million Seed Stage Fund,

The firm is focused on backing early-stage startup companies in the Middle East, North Africa and Pakistan..

Al qahirahAl manamahUnited arab emiratesSaudi arabiaAr riyaArab emiratesAbu dhabiMahmoud adiShane shinBedaya fundShorooq partners ltdFinancial services regulatory authorityNahda fundDubai future district fundShorooq partnersMiddle east

Shorooq Partners launches $150 million fund to back early-stage startups

UAE-based venture capital firm Shorooq Partners has launched Bedaya Fund II, a $150 million VC fund aimed at investing in early-stage.

Saudi arabiaUnited arab emiratesMahmoud adiShane shinBedaya fundNahda fundDubai future district fundShorooq partnersMiddle eastNorth africaBupa insurancePure harvest smart farmsLean technologiesMiddle east focused

Shorooq Partners Launches $150 Million Seed Stage Fund, Bedaya Fund II

Press release content from Globe Newswire. The AP news staff was not involved in its creation.

Al qahirahAl manamahUnited arab emiratesSaudi arabiaAr riyaArab emiratesAbu dhabiMahmoud adiShane shinBedaya fundShorooq partners ltdFinancial services regulatory authorityNahda fundDubai future district fundShorooq partnersMiddle east

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