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Funding Alert

Israel-based Upwind has raised an additional $100 million in a Series A round led by Craft and joined by TCV, Alta Park with amazing existing investors, Greylock, Cyberstarts, Leaders Fund, Cerca and Sheva to accelerate global expansion and fuel our mission of building the next-generation cloud security powered by runtime. To date, startup has raised $180 million in total funding

Upwind Secures $100 Mn in Series A Funding Round

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KPay Group (KPay), a one-stop financial management and business operations platform, today announced the successful completion of its first institutional funding round, raising a record USD 55 million, the largest Series A globally in the payments sector in 2024[1].

KPay Secures Record USD55 Mn, Marking 2024’s Largest Series A Fundraise...

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India-based AdvantageClub.ai, a Global Employee Engagement & Rewards Platform has secured $4 million in its latest funding round led by Axilor Ventures, with participation from AFG Ventures, Prasanna Sarkar, Bytez Ventures, and some of the existing investors, bringing the company's total funding to $11 million.India-based AdvantageClub.ai, a Global Employee Engagement & Rewards Platform has secured $4 million in its latest funding round led by Axilor Ventures, with participation from AFG Ventures, Prasanna Sarkar, Bytez Ventures, and some of the existing investors, bringing the company's total funding to $11 million.

AdvantageClub.ai Secures $4 Mn Funding led by Axilor Ventures

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Egypt-based Nowlun, a digital shipping platform based in the MENA region, has raised $1.7 million in a Seed Funding Round led by Nama Ventures, A15, with participation from 500 MENA and several angel investors.

Nowlun Raises $1.7 Mn in Seed Funding Round

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The Ferdinand Group ( TFG ) – owned by English football legend Rio Ferdinand – acquires a minority stake in “Kora Break”, the fastest-growing football application in the Middle East and North Africa.

Kora Break Raises Investment in Collaboration with The Ferdinand Group

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Saudi Arabia-based edtech, Aanaab, the leading digital professional development platform for teachers, has successfully completed its Series A funding round, securing $7 million from Dallah Investment Holding.

Aanaab Secures $7 Mn Series A Funding from Dallah Investment Holding

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Saudi venture capital firm Impact46 has announced a pre-IPO investment of SAR50 million (over $13.3 million) in the Saudi Arabia-based cybersecurity startup Cipher.

Cipher Secures SAR50 Mn Investment from Impact46

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Allink Biotherapeutics, a clinical-stage biotechnology company pioneering next-generation bispecific antibody and antibody-drug conjugate (ADC) therapeutics, today announced the successful completion of a $42 million Series A financing. The financing round was led by Lanchi Ventures, a preeminent global early-stage technology investor known for backing breakthrough innovations, with participation from an elite syndicate of new investors including Yuanbio Venture Capital, Legend Capital and C&D Emerging Industry Equity Investment, alongside strong support from existing shareholders Gaorong Ventures and Med-Fine Capital.

Allink Biotherapeutics Secures $42 Mn Series A Financing to Accelerate Global...

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WadzPay Worldwide Pte. Ltd.("WadzPay"), a leading innovator in the blockchain technology and financial services company, today announced that it has secured a capital commitment of SGD 50 million (approx. 36.7 Mn) in the form of a Share Subscription Facility (SSF) from GEM Global Yield LLC SCS ("GEM").

WadzPay Secures SGD 50 Mn Investment Commitment from GEM

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eyewa, the region’s largest and fastest-growing eyewear retailer, has raised $100 million in its Series C funding round, led by General Atlantic, a leading global growth investor, and with participation from Badwa Capital and Turmeric Capital.

eyewa Secures $100 Mn Series C Funding led by General Atlantic

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