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AI + Innovation (MENA) 
Infrastructure 
Dubai-based e-mobility startup raises USD 15 mn
E Daddy plans to expand its e-bikes across the GCC and Africa
Pakistani fintech PostEx plans UAE expansion following pre-series A round
The funding round was led by Dubai-based Conjunction Capital
UAE venture capital investments rebound in 2Q 2024
Venture Capital investments in the UAE jumped 113% y-o-y in 2Q 2024
More startups + a VC set up shop in the UAE
US-based visa application platform Atlys, Indian private members community Offline, and ins.-focused VC RB Ventures set up shop in the…
Fintech Yuze secures USD 30 mn funding
The company will use the funds to accelerate its expansion plans
MealPlanet secures USD 6 mn for expansion
The startup will use the money to expand into KSA
Food procurement platform Watermelon secures USD 4 mn in series A funding round
Watermelon plans to use the money to expand locally and regionally
Local fintech player Mamo secures USD 3.4 mn in funding
The company will use the funds to accelerate its expansion plans
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