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Tech in UAE

UAE-based KWB Ventures invests in Eclipse's $40 million raise

UAE-based KWB Ventures invests in Eclipse's $40 million raise

UAE-based venture capital firm, KWB Ventures has invested in the $40 million Series B funding round of Eclipse, a US-located plant-based dairy product making startup. * The fund will be used to support the startup's growth in retail and food service and improve its research and development processes. * Founded in 2019,

UAE-based startup Pure Harvest raises over $180 million for business expansion

UAE-based startup Pure Harvest raises over $180 million for business expansion

Pure Harvest Smart Farm, an agritech startup based in UAE has raised $180.5 million in its new funding round to support its business expansion. * The fund will be invested in research and development, expanding across the GCC, and opening new markets in Asia. * Founded in 2016, Pure Harvest uses

UAE-based fintech NymCard secures $22.5 million in funding

UAE-based fintech NymCard secures $22.5 million in funding

NymCard, the Middle East and North Africa (MENA)-based fintech firm has raised $22.5 million in its latest funding, a venture round bringing it to $35 million in total funding raised. * The funds will help the firm to improve its finance-related infrastructure, develop its team and scale its presence