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MENA Digest: Lokalee, Maalexi get pre-Series A cheques; MEVP backs Clinicy

TMT

12 January, 2024

MENA Digest: Lokalee, Maalexi get pre-Series A cheques; MEVP backs Clinicy

Dealmaking in the Middle East and North Africa region accelerated in the second week of 2024, with a slew of ......

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Dubai Future District Fund makes LP-style bet on regional VC fund

Finance

19 October, 2023

Dubai Future District Fund makes LP-style bet on regional VC fund

The Dubai Future District Fund (DFDF), the region’s first evergreen venture capital fund-of-funds, has made a limited partner-style commitment to ......

VC-backed Floranow acquires Saudi Arabian flower distributor Bloomax

Consumer

06 June, 2023

VC-backed Floranow acquires Saudi Arabian flower distributor Bloomax

The UAE-based business-to-business online floral marketplace Floranow has fully acquired Saudi Arabia’s Bloomax, a wholesale distributor of fresh flowers for ......

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Global Ventures' Sacha Haider on investment strategy, deal pipeline and more

Finance

31 May, 2023

Global Ventures' Sacha Haider on investment strategy, deal pipeline and more

UAE-based growth-stage venture capital firm Global Ventures, which launched its third fund earlier this year is scouting for deals in ......

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How Dubai VC Global Ventures' bigger third fund differs from its first two vehicles

Finance

25 May, 2023

How Dubai VC Global Ventures' bigger third fund differs from its first two vehicles

Dubai-based venture capital firm Global Ventures has identified new focus areas to deploy capital from its third fund, a top executive told VCCircle, as ......