UAE’s Silkhaus Raises USD7.8m Seed Round

Silkhaus, a UAE-based short-term property rental app, raised a USD7.8m seed round from Nuwa Capital, Nordstar, Global Founders Capital, Yuj Ventures, Whiteboard Capital, VentureSouq and others. Read more… Read More

MEVP Leads USD10m Series A for UAE’s Invygo

Middle East Venture Partners led a USD10m Series A for Invygo, a UAE-based car subscription app, with participation from Al Rajhi Partners, Arab Bank, Amaana Capital and Palm Drive Capital, and follow-on from Signal Peak Ventures and Knollwood Investment Advisory. Read more… Read More

Investcorp Acquires Saudi Arabia’s NourNet

Investcorp, through its Investcorp Saudi Pre-IPO Growth Fund, acquired a majority stake in  Nour Internet for Communication and Information Technology Company (NourNet), a Saudi Arabia-based digital solutions company providing services such as cybersecurity, domain registration and cloud computing. Read more… Read More

(default archive template)