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Reporting on the business of technology, startups, venture capital funding, and more.

Will Apple consider your MacBook/iPhone obsolete this month?

Apple Retires MacBook Air and Pro 2014 models

According to an internal memo, Apple will add the 11-inch MacBook Air, 13-inch MacBook Air, and 13-inch MacBook Pro models, released in early 2014, to its obsolete products list at the end of the...
Egypt's interior design & build platform Shatablee raises $1.2M

Egypt’s interior design & build platform Shatablee raises $1.2M

The Egyptian digital interior design & build platform, handling the diverse finishing problems in the Egyptian Market, Shatablee has raised a $1.2M funding round to optimize and fully digitize the traditional interior finishing journey...
B2B SaaS Unicorn Insider raises $121M Series D

B2B SaaS startup ‘Insider’ raises $121M series D, unlocks Unicorn status

Singapore-based B2B SaaS startup Insider has unlocked unicorn status after raising a $121 million Series D round led by Qatar Investment Authority at a $1.22 billion valuation. Other investors who participated in the round include...
UAE's store management platform Dukkantek raises $5.2M seed

UAE store management platform ‘Dukkantek’ raises $5.2M seed

UAE-based digital store management platform Dukkantek has raised $5.2 million in a seed round to digitalize traditional retail spaces. The funding round was led by Global Founders Capital. Colle Capital Partners, Wamda Capital, Plug and...
Chefaa Raises Venture Round from Global Investors

Chefaa Raises Venture Round from Global Investors

Chefaa, Egypt's patient-centered pharmacy benefits platform, has raised a venture round from globally renowned investors Newtown Partners and Global Brain and GMS Capital Partners.  The undisclosed round is part of Chefaa's journey to expand its...
Global Prop-tech Facilio Secures $35M in Series B

Global Proptech Facilio Secures $35M in Series B

The global proptech startup Facilio has secured $35 million in its Series B round led by Dragoneer Investment Group. Brookfield Growth and existing investors Accel India and Tiger Global Management also participated in the...
UAE's Tech Udrive Startup for Car Rental Secures $5M

UAE’s Tech Udrive Startup for Car Rental Secures $5M

UAE's Tech startup for car rental Udrive, providing a pay-per-minute car rental service for UAE residents and tourists, has secured $5M from Cultiv8 and Oman Holding International. Udrive started in January 2017 offering drivers in...
TikTok to introduce new creator tools, live audio, avatars

TikTok to introduce avatars, live audio, new creator tools, more

TikTok is working on a number of new features including, Bitmoji-like avatars, keyword filtering for the "For You Page", group chats, audio-only live streams, and more tools for creators. Bitmoji-like avatars feature lets you use...
Apple releases a new macOS Monterey 12.1 update

Apple releases a new macOS Monterey 12.1 update, more

Apple has released a new macOS Monterey 12.1 update that adds SharePlay, an entirely new way to have shared experiences with family and friends in FaceTime. This update also includes the Apple Music Voice...
Cairo-Based Fintech Startup ‘Sympl’ Raises $6M SEED

Egypt’s Sympl raises $6M in seed round by Beco Capital, Global Ventures, A15

"Save Now, Pay Later” fintech startup, Sympl has raised $6M following its launch last month. The investment is led by three top Venture Capital firms in the region including Beco Capital, A15, and Global...