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US-based Sultan Ventures acquires homegrown startup investor Acasia Group
The acquisition creates a new US-MENA bridge
Two USD investments in medical startups including first by nation’s only female angel investment network
InCurA will use the funds to develop new products and finalize clinical trials for products that have already been developed
MoneyHash secures USD 4.5 mn in seed funding. PLUS: Acacia invests in Kenyan startup Tappi, Saudi’s CoreVision acquires VeFund
MoneyHash plans to use the proceeds to invest in its technology and to expand its growth across the region
SMEs scramble to pay suppliers as credit card limits bite
From early-stage startups to agencies and professional services firms, it’s a slog to find ways of paying Google, Microsoft, and…
Homegrown chip designer Pearl Semiconductor secures USD 4.5 mn investment. PLUS: Acacia invests in Senegal.
Sawari Ventures, Shorooq Partners, and QBN Capital all invested in the semiconductor company
Two startups raise cash, aiBank onboarded to Instapay
The startup has now raised USD 1.25 mn to date
Eva Pharma plans USD 110 mn Saudi meds complex
The company wants to build five factories and a research hub
Balad closes seven-figure USD pre-seed round led by Acasia Ventures
The round will fund Balad’s expansion including a new remittance platform and headcount increase.
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