IOTA to invest $10 million in UAE and African tradetech startups
UAE based IOTA ecosystem, DLT Foundation, has committed $10 million investment fund to support early-stage startups and ventures in the UAE and Africa. The funding...
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Saudi Blockchain startup wins $500K from Meet the Drapers
Saudi Arabian based Blockchain enabled Insuretech platform TakaDAO has won 2nd place at Meet the Drapers Season 6, winning $500K in funding. Sharene Lee, Co-Founder...
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BackPack raises $17 million to grow its crypto ecosystem
The BackPack group continues to move from one success to another. After receiving its crypto exchange license in UAE, and expanding to 11 states in...
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Digital asset investment firm launches Shari’ah compliant crypto Fund
Netherlands-based investment firm, The Growth Capital, has partnered with Shari’ah Review Bureau (SRB) as its Sharia advisor to oversee its investment activities in digital assets,...
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UAE investor puts $1.5 million into Web3 gaming platform
GameCentric a new Web3 enabled MENA gaming platform which seeks to incorporate crypto and digital assets, has raised $1.5 Million in capital from UAE Angel...
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UAE Web3 blockchain gaming project, Exverse raises $3 million
Exverse, a UAE Web3 blockchain gaming project, incubated by launchpads that include KuCoin Labs, Seedify, Epic Games, and ChainGPT, has raised $3 million in a...
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UAE sovereign wealth fund subsidiary backs Blockchain venture fund
UAE Mubadala Capital, a subsidiary of Mubadala Investment, sovereign wealth fund of Abu Dhabi UAE, has offered significant support and backing to RW3 Ventures, an...
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UAE Phoenix Group grows exposure in Europe with $577,074 acquisition
UAE Phoenix Group, a Web3 holding group, which has major investments in crypto mining, blockchain projects, and a UAE crypto exchange M2 has confirmed its...
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Hashgraph Association and Saudi Ministry of Investment to launch $250 million deep tech venture studio
The Hashgraph Association (THA), the Swiss-based organization at the forefront of global Blockchain digital enablement, has during the Swiss Economic Mission to Saudi Arabia in...
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UAE blockchain hydroponic farm expands into KSA after raising $2.25 million
Crysp Farms, a UAE based innovator and operator of decentralized blockchain enabled vertical farms, has secured a $2.25 million ‘Pre-Series A’ round structured and led...
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