Last week, there were 2 startup investments and 1 secondary transaction in the MENA between July 5 – 11:
Investments:
2 United Arab Emirates (UAE)
Sectors Received Investments:
2 Financial Services
News of the Week
🎯 Dynamic risk management platform Maalexi raised $1 million.
Maalexi, which helps small food and agri-businesses directly access cross-border trade through its dynamic risk management platform, has raised $1 million from Stride Ventures.
Transaction Type: Investment
Investors: Stride Ventures
Co-founders: Azam Pasha, Rohit Majhi
Headquarters: United Arab Emirates (UAE)
🎯 Asset tokenisation marketplace Tokinvest raised $500.000.
Tokinvest, a marketplace that connects real-world asset issuers with investors globally, has raised $500.000 in pre-Seed funding round from Michael Ourabah and other undisclosed investors.
Transaction Type: Investment
Investors: Michael Ourabah, other investors
Co-founders: Scott Thiel, Matthew Blom
Headquarters: United Arab Emirates (UAE)
Other News:
📌 Raya FutureTECH, the innovation arm of Raya Holding, has concluded its first accelerator programme in collaboration with GIZ.
📌 The Innovative Startups and SMEs Fund (ISSF), has invested $5 million in Global Ventures’ Fund III.
🟥 StartupCentrum
Find the best startup jobs or launch your future unicorn company, meet the best talents and startups, and get in contact with international accelerators and investors to grow!
For more information startupcentrum.com
To take part in the StartupCentrum Entrepreneurship Ecosystem Summary of Turkey, MENA or Europe series and to be our supporter: [email protected]