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Dubai Weekly Funding Roundup: 10th February to 15th February, 2025 -thumnail

Dubai Weekly Funding Roundup: 10th February to 15th February, 2025 

PC: IdeaBuddy GE Aerospace has announced a $10 million investment to improve its maintenance, repair, and overhaul (MRO) facilities in Dubai, UAE, and Doha, Qatar. These funds will benefit tooling,

Finance

Feb 15, 2025

PMI Electro Mobility Raises ₹250 Crore Funding for EV Growth-thumnail

PMI Electro Mobility Raises ₹250 Crore Funding for EV Growth

PC: Truck and Bus Builder  PMI Electro Mobility Solutions, a leading electric commercial vehicle company, has raised ₹250 crore in funding from a group of investors led by Authum Investment

Brands

Feb 14, 2025

Dubai Investments’ Subsidiaries Sign Strategic MOUs at Industrial Partnership Meeting -thumnail

Dubai Investments’ Subsidiaries Sign Strategic MOUs at Industrial Partnership Meeting 

PC: Zawya Dubai Investments, a leading diversified investment company listed on the Dubai Financial Market (DFM), announced that its subsidiaries, GlobalPharma and Emirates Float Glass (EFG), signed important Memorandums of

Business

Feb 13, 2025

Lizzie Chapman Resigns as Co-Founder of Reliance-Funded Swiffy Labs-thumnail

Lizzie Chapman Resigns as Co-Founder of Reliance-Funded Swiffy Labs

PC: Mint Lizzie Chapman, Swiffy Labs co-founder, has officially resigned from her operational position at the Reliance-funded financial services infrastructure startup. The move follows Chapman’s desire to concentrate on other

Business

Feb 13, 2025

SpotDraft Raises $54 Million in Series B Funding Round-thumnail

SpotDraft Raises $54 Million in Series B Funding Round

SpotDraft, a top contract lifecycle management (CLM) platform, has raised $54 million in its Series B funding round, with Vertex Growth Singapore and Trident Partners leading the investment. The round

Brands

Feb 13, 2025

Dubai Launches UN Citiverse Challenge to Drive AI-Powered Virtual Worlds -thumnail

Dubai Launches UN Citiverse Challenge to Drive AI-Powered Virtual Worlds 

PC: Zawya Digital Dubai, together with the International Telecommunication Union (ITU) and the United Nations International Computing Centre (UNICC), has initiated the first-ever UN Citiverse Challenge. This initiative is bent

AI

Feb 13, 2025

Lucidity Raises $21 Million Series A Round Led by WestBridge Capital-thumnail

Lucidity Raises $21 Million Series A Round Led by WestBridge Capital

PC: Business Wire Lucidity, a multi-cloud storage management platform, has raised $21 million in a Series A funding round. WestBridge Capital led the round, with existing investor Alpha Wave joining

Investment & Funding

Feb 13, 2025

Croft Beverages Raised $125K in Pre-Seed Funding to Support Sustainable Tea Production-thumnail

Croft Beverages Raised $125K in Pre-Seed Funding to Support Sustainable Tea Production

Croft Beverages, an exciting new sustainable tea company, has managed to raise a sum of $125,000 from a pre-seed funding round. This deal, including both equity and debt, has been

Business

Feb 11, 2025

Finnable Set to Raise ₹30.55 Crore in New Funding Round-thumnail

Finnable Set to Raise ₹30.55 Crore in New Funding Round

Finnable, a Bengaluru-based digital lending platform, is gearing up for a significant funding round, aiming to raise approximately ₹30.55 crore (around $3.7 million) in a Series B financing effort. The

Business

Feb 10, 2025

Visarun.ai Secures Funding to Expand AI-Powered Visa Processing in Dubai  -thumnail

Visarun.ai Secures Funding to Expand AI-Powered Visa Processing in Dubai  

Visarun.ai was established in 2024 by Vladimir Indjikian and Alena Iakina, and it is a visa-as-a-service platform that has recently secured funding to improve its platform development, expand its sales

Investment & Funding

Feb 6, 2025

Myne Raises $2M in Pre-Seed Funding-thumnail

Myne Raises $2M in Pre-Seed Funding

Myne, an innovative wealth and asset tracking platform, has successfully raised $2 million in its pre-seed funding round. The round was led by Scene Holding, with support from Raz Holdings

Business

Feb 3, 2025

Shadowfax Secures ₹34 Crore in Series F Funding Amid IPO Plans-thumnail

Shadowfax Secures ₹34 Crore in Series F Funding Amid IPO Plans

Logistics firm Shadowfax has achieved a major milestone by raising ₹34.2 crore (approximately $4 million) in its Series F funding round. This fundraise comes almost 11 months after the company

Business

Feb 3, 2025


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