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UAE-based crypto edtech platform Coinmarketpedia raises $2 million

UAE-based crypto edtech platform Coinmarketpedia raises $2 million

Coinmarketpedia, a UAE-based edtech platform focusing on decentralized crypto and blockchain has raised $2 million in its pre-seed funding round. * Coinmarketpedia provides educational services on cryptocurrency and blockchain including trading activities. * The edtech startup plans to use the funds to grow its services, hire more talents and improve its marketing

UAE-based VC firm Cypher Capital launches $5 million Ocean Protocol projects funding

UAE-based VC firm Cypher Capital launches $5 million Ocean Protocol projects funding

Cypher Capital, a venture capital firm based in UAE has launched $5 million to fund Ocean Protocol projects. * Ocean Protocol is a decentralized platform for data exchange and monetization using the Ethereum blockchain. * The investment will target 20 projects in Ocean Protocol over two years. * Cypher Capital has earlier invested

UAE-based digital staffing platform Ogram secures $3 million in funding

UAE-based digital staffing platform Ogram secures $3 million in funding

Ogram, [https://www.ogram.co/] an online on-demand staffing platform based in UAE has secured $3 million in its Series A funding round. * The funds will help the startup expand into Saudi Arabia and Europe to offer its digital-driven recruitment services. * Launched in 2017, Ogram is a digital recruitment platform

UAE-based virtual restaurant marketplace Locale secures $4.5 million

UAE-based virtual restaurant marketplace Locale secures $4.5 million

Locale, [https://www.hyattrestaurants.com/en/dining/uae/dubai/multi-cuisine-restaurant-in-healthy-the-locale] a virtual restaurant marketplace of the KRUSH Brands [https://www.krushbrands.com/] based in UAE has secured $4.5 million in its Series A funding round from Skelmore Holdings, a family office venture in Dubai. * The funds will be used

UAE-based fintech Pemo secures $12 million in funding

UAE-based fintech Pemo secures $12 million in funding

Pemo, [https://www.pemo.io/] an expense management fintech startup based in UAE has secured $12 million in its seed funding round. * The funds will be used to further develop its product offering, and expand its operations into Saudi Arabia by the end of 2022. * Pemo is a fintech startup

Dubai's B2B startup NorthLadder raises $10 million in funding

Dubai's B2B startup NorthLadder raises $10 million in funding

NorthLadder, [https://www.northladder.com/en/ae] a UAE-based digital platform for trading pre-owned electronics has raised $10 million in a funding round led by CE Ventures with participation from BECO Capital, Venture Souq and Dutch Founders Fund. * The new funds will be used to scale up the company's technology

UAE tap-to-pay fintech Spades raises $2.5 million

UAE tap-to-pay fintech Spades raises $2.5 million

Spades [https://www.spadesapp.io/], a Dubai-based fintech startup offering tap-to-pay services for dine-in restaurants has raised $2.5 million from European angel investors including Thibaud Elziere, Eduardo Ronzano and Yan Hascoet, Othmane Bohlal and Omar Benmoussa. * Spades is a fintech solution platform that allows customers in restaurants to use

UAE fintech startup Cashew raises $10 million

UAE fintech startup Cashew raises $10 million

Cashew, [https://www.cashewpayments.com/] a Dubai-based fintech startup has raised $10 million from Mashrek, AlGhurair family-controlled bank based in UAE. * Launched in 2020, Cashew offers web and app-based BNPL services in UAE and Saudi Arabia. * Mashrek's payment arm, Neopay will integrate Cashew as part of the investment deal and