Investments | Page 2

The Cloud was designed with a vision to become "the Airbnb of kitchens" by enabling the transformation of regular restaurant kitchens into artificial intelligence-powered cloud kitchens.

Co-founded by James Beard-nominated chef Thomas Bowman and alternative protein expert Aylon Steinhart, Eclipse Foods was launched in 2019, and it has since grown to become a global leader in creating sustainable, plant-based products that are "indistinguishable from conventional dairy."

Launched at the beginning of 2022, the #2022FemaleAngels movement aims to inspire and identify 2,022 female angel investors for the MENA region by the end of the year to help diversify the early-stage investment landscape.

The duo are launching KE Partners with a sizeable portfolio of startups- in fact, they've already invested in 12 different companies, and that's a figure that's only set to rise in the future.

The 2022 edition of the Global Entrepreneurship Congress (GEC 2022), which was held in Riyadh, Saudi Arabia from March 27-30, 2022, was able to secure a total of US$13.8 billion of investment to promote entrepreneurial activity in the Kingdom.

The evolution of the blockchain in the form of images, both moving, and static has been expected, but the speed is the surprise.

According to The Economist, women's healthtech focuses on solutions which aid most of the world's 4 billion women at some point in their lives, creating a huge potential market.

Staged with the support of Dubai Startup Hub, an initiative of Dubai Chamber of Commerce, as well as Life On Screen, the Enterprise Agility Forum 2022 also played host to the finals of the Dubai Smartpreneur Competition 6.0, which saw three promising startups awarded a total of AED150,000 in prizes.

In cooperation with KDI Holdings, the most sublime brand of Meliá Hotels International - Gran Meliá Hotels & Resorts has agreed on opening Gran Meliá Nha Trang as the first resort in Asia and expanding the brand portfolio to 15 prestigious properties globally.

GCC-based venture capital firm VentureSouq has announced the launch of its US$50 million venture fund to focus on fintech early-stage entities across the MENA region and Pakistan.

The discussion covered key topics including the intentionality of impact investing, how to effectively measure impact, its significance for future generations, as well as the challenges and opportunities within the MENA region and beyond.

The launch comes in the midst of the Abu Dhabi government's initiatives to attract more investors into its business ecosystem in the near future.

Dubai-based Hotdesk enables its users to search for and book workspaces, meeting rooms as well as private offices on an hourly, daily, monthly, or yearly basis.

"Whenever you start a business, we believe that entrepreneurs should focus on solving a problem."

With its newest advisory board members, OWSC is set to gear up to scale across GCC.

Impact investing has grown tremendously over the last decade, and in large part because investors aren't just looking at unrealistic returns, and add to that the positive environmental and social outcomes that are becoming increasingly more measurable.

A protracted period of unprecedented market instability did very little to dampen the appetites of those willing to hold their nerve, and stay focused on the long-term goal.

The startup's primary aim is to make investing easier not only for first-time and younger investors with little experience in investing, but even for those who know about investing

Having announced its US$16 million seed round in February this year, this latest investment brings the total amount of funds secured by Uptime to $19 million.

The VentureSouq team looks back on their journey of launching a new movement of conscious investing in the MENA region.

Starting out in the financial marketplace can be intimidating, and with the uncertainty of the COVID-19 pandemic bringing with it periods of market volatility, building the right portfolio can be challenging for first-time investors.