500 Global launches Saudi sovereign fund backed tech fund

500 Global launches Saudi sovereign fund backed tech fund

500 Global, a global venture capital firm, has launched the 500 MENA, L.P. (the "Fund"), a new fund dedicated to investing in high-growth technology startups... Details
UAE Further Ventures invests $5 million in GRVT decentralized exchange

UAE Further Ventures invests $5 million in GRVT decentralized crypto exchange

UAE based Further Ventures, capital markets investment firm, has invested $5 million in GRVT, a regulated Decentralized exchange. The investment will be utilized to drive... Details
Egyptian Founders raise $1.7 million for Hamilton tokenization platform built on Bitcoin

Hamilton founded by Egyptian entrepreneurs raises $1.7 million for tokenization platform built on Bitcoin

Hamilton, a Real-World Assets (RWA) protocol built on Bitcoin, redefining access to traditional financial instruments like U.S. Treasuries, real estate, and funds by turning them... Details
Komainu licensed in the UAE, raises $75 million in Bitcoin from Blockstream

Komainu licensed in the UAE, raises $75 million in Bitcoin from Blockstream

UAE regulated digital asset service provider and custodian, Komainu, licensed by VARA Dubai, and backed by Laser Digital, a Nomura company, has raised $75 million... Details
UAE Further Ventures leads $16 million investment in digital asset wallet

UAE Further Ventures leads $16 million investment in digital asset wallet

Further Ventures, a private equity fund in Abu Dhabi UAE, has led a $16 million investment Series A round in French digital asset wallet and... Details
UAE Sigma Capital venture firm launches $100 million fund

UAE Sigma Capital venture firm launches $100 million Web3 fund

UAE based Sigma Capital, a Web3 early-stage venture firm, has launched a $100 million fund dedicated to accelerating the next wave of Web3 innovation in... Details
UAE Varys Capital investment in Movement Labs pays off with $6 billion valuation

UAE Varys Capital investment in Movement Labs pays off with $6 billion valuation

After UAE Varys Capital led a Pre- seed raise for Blockchain L2 platform developer Movement Labs in 2023 where the startup raised $3.4 million. This... Details
Saudi Sanabil Investments and Orbit startups launch accelerator for Web3 startups

Saudi Sanabil Investments launches accelerator for Web3 startups

Saudi Sanabil Investments, a wholly owned company by the Public Investment Fund (PIF), and Orbit Startups have launched a new accelerator program aimed to invest... Details
UAE blockchain platform, Promeet for monetizing content raises $3.1 million

UAE blockchain platform, Promeet for monetizing content raises $3.1 million

UAE based Promeet, a Blockchain enabled platform designed to empower creators to monetize content, has raised $3.1M in pre-seed funding. As per the press release,... Details
The Hashgraph Group to launch $100 million Web3 ventures fund

The Hashgraph Group to launch $100 million Web3 ventures fund

The Hashgraph Group (THG), the Swiss-based international business, technology, and investment firm that operates exclusively within the Hedera ecosystem, has secured a fund management license... Details