Dtec Ventures
Dtec Ventures is the venture capital arm of the Dubai Silicon Oasis Authority, focusing on early-stage technology companies in the MENA region, particularly those based in Dubai. The firm actively invests in businesses that are either disrupting or enhancing traditional industries. Dtec Ventures operates within the Dubai Technology Entrepreneurship Centre (DTEC), a prominent startup incubator established in 2015. DTEC provides comprehensive support to new technology firms, offering office spaces, business licenses, and multiple visas. With facilities designed to foster innovation, DTEC features over 350 workstations, 24-hour access, meeting rooms, and essential office services. Through its initiatives, Dtec Ventures aims to contribute to the growth of the technology ecosystem in the region.
souKare
Convertible Note in 2020
souKare is an e-commerce platform that specializes in providing contact lenses and sports nutrition products, with a focus on rapid delivery. The company offers a range of items including immune boosters, vitamins, supplements, and both corrective and color contact lenses. With a commitment to convenience, souKare provides customers in Dubai with the option of receiving their orders within ninety minutes, while also offering express shipping to international locations. This approach aims to ensure a fast, simple, and hassle-free shopping experience for users.
paymennt.com
Seed Round in 2019
Paymennt is a mobile-first payments platform that facilitates online and in-person transactions, as well as payments through links. It primarily serves micro and small businesses, emphasizing simplicity and efficiency in its payment solutions. Originally founded as PointCheckout Holding Company Ltd in 2017, the company is headquartered in Dubai, United Arab Emirates, with an additional office in Amman, Jordan. It specializes in providing an online payment gateway that allows users to redeem and spend loyalty points and miles.
paymennt.com
Seed Round in 2019
Paymennt is a mobile-first payments platform that facilitates online and in-person transactions, as well as payments through links. It primarily serves micro and small businesses, emphasizing simplicity and efficiency in its payment solutions. Originally founded as PointCheckout Holding Company Ltd in 2017, the company is headquartered in Dubai, United Arab Emirates, with an additional office in Amman, Jordan. It specializes in providing an online payment gateway that allows users to redeem and spend loyalty points and miles.
Letswork
Seed Round in 2019
Letswork is a marketplace and membership platform that provides users with access to a wide range of on-demand workspaces, including private offices and meeting rooms. As the largest network of co-working spaces in the UAE, it offers affordable and flexible working environments suitable for various needs. The platform allows small-scale businesses to utilize a diverse array of partner locations, such as cafes, hotels, and shared spaces, through a single membership. Users can also book private offices and meeting rooms on an ad-hoc basis, enabling them to find work-friendly environments that suit their requirements.
yallacompare
Series B in 2017
Yallacompare is the finance comparison site in the middle east with operations across 9 countries in the mena region. Since 2011 they have helped users compare banking products saving each one thousands of dollars every year. Since banking and insurance go hand in hand, they told their team to go out and build a platform that could save their users even more money. Their insurance tech is state of the art and built right here in the uae by their team of ninja geeks. Thanks to the efforts of their ninja geeks, you can now easily compare the price of your home insurance from the leading insurers with just a few clicks. Best of all, you can buy online and get your policy issued instantly.
yallacompare
Series A in 2015
Yallacompare is the finance comparison site in the middle east with operations across 9 countries in the mena region. Since 2011 they have helped users compare banking products saving each one thousands of dollars every year. Since banking and insurance go hand in hand, they told their team to go out and build a platform that could save their users even more money. Their insurance tech is state of the art and built right here in the uae by their team of ninja geeks. Thanks to the efforts of their ninja geeks, you can now easily compare the price of your home insurance from the leading insurers with just a few clicks. Best of all, you can buy online and get your policy issued instantly.
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