COTU Ventures and Colle Capital led a USD3m round for Qureos, a UAE-based career upskilling startup, with participation from Globivest, Plutus21 Capital, Dubai Angel Investors, AlZayani Venture Capital and angels. Read more… Read More
Jordan-based healthtech Altibbi raised a USD44m Series B led by Foundation Holdings, Hikma Ventures and existing investors Global Ventures and DASH Ventures. Read more… Read More
E-Vision and ADQ agreed to acquire a 57% stake in Starzplay Arabia, a Saudi Arabia-based video streaming platform backed by Ruya Partners, for an undisclosed amount. Read more… Read More
Sequoia Capital India and STV led a USD54m Series B+ for UAE-based BNPL platform Tabby, with follow-on from Arbor Ventures, Mubadala and Global Founders Capital. Read more… Read More
Merak Capital invested USD40m in Saudi Arabia-based data and digital transformation startup Master Works. Read more… Read More
SHUAA Partners Acquisition Corp 1, a SPAC formed by SHUAA Capital, raised USD100m on the Nasdaq. The SPAC will target technology and/or tech-enabled financial services businesses based out of the Middle East, North Africa and Turkey. Read more… Read More
Brookfield Asset Management agreed to acquire a 60% stake in Magnati, the payments arm of First Abu Dhabi Bank, valuing it at a reported USD1.15b. Read more… Read More
GPCA Members can log in to download the complete 2022 Industry Data & Analysis Excel file. GPCA data through year-end 2021 across Asia, Latin America, Africa, CEE and the Middle East Key data takeaways: VC and tech investments drove private capital investment activity in GPC markets to the highest… Read More
GPCA’s annual Trends in Global Tech report traces venture capital flows across Africa, India, China, Southeast Asia, Latin America, Central and Eastern Europe and the Middle East. With VC representing 55% of total private capital invested in these markets in 2021, this report highlights the themes investors are backing in… Read More
Apollo Global Management agreed to invest USD1.4b in UAE-based real estate developer Aldar Properties. As part of the transaction, Apollo will take a direct minority stake in the company. Read more… Read More
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