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UAE clean water startup Wisewell raises $2m in pre-seed round

RIYADH: UAE-based clean water technology company, Wisewell, has raised $2 million in a pre-seed round led by investment firm BECO Capital, bringing its total funding to $2.6 million to date. The startup will use its newly raised funds to strengthen its position in the market, as the company prepares for the launch of its first product. Founded in 2021 by Sami Khoreibi and ....

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Wisewell Raises $2M in Pre-Seed Funding

FinSMEs is the financial news site dedicated to covering venture capital, private equity, and merger and acquisition deals in real time! ....

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Hatch & Boost launches in ME with aims to scale homegrown startups


Hatch & Boost launches in ME with aims to scale homegrown startups
Faris Mesmar, co-founder and managing partner of hatch & boost
Predominantly operating in the UAE, hatch & boost has plans for further expansion across the region in the coming years, namely in markets such as KSA and Egypt
Hatch & Boost, an Abu Dhabi-based venture builder, dedicated to hatching startup ideas and boosting them into scalable ventures, has announced its official launch in the Middle East.
Empowering local talent and home-grown innovation, the startup offers a unique value proposition to investors and entrepreneurs alike, with aims to support the advancement of impact-driven business models in the region. Hatch & boost breeds regionally relevant business ideas that fall within the intersection of technology and impact. With a sector agnostic model that focuses heavily on Environmental and Social Governance (ESG), and sustainability, the venture builder co-creates startups alongside en ....

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