Egyptian online auto parts marketplace Mtor has raised $2.8 million in pre-seed investment led by MENA-focused venture capital firm Algebra Ventures. Other investors that participated in the round […]
Ev startup Fisker cut its 2023 production target for the fourth time
Fisker, the California-based EV startup, cut its annual production guidance in an effort to free up $300 million in working capital, the company said in a business update […]
Tears Of The Kingdom’s Furniture Is Surprisingly Well-Made
The Legend of Zelda: Tears of the Kingdom makes you spend a lot of time thinking about the structural integrity of all the nonsense you build with Link’s Ultra Hand. But have you ever stopped to think about the integrity of the wood-based structures Nintendo has put around Hyrule? Well, Eden Klinger, a furniture…
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Revenue-based financing heats-up in the Middle East as Flow48 attracts $25M in funding
We’ve seen how non-dilutive, revenue-based financing has risen up the priority ranks for companies as the era of ZIRP — as the Zero Interest Rate Period is now […]
Tech-enabled warehousing startup Huboo raises another $36.6M amid continued e-commerce growth
When consumers switched to home deliveries and “digitized” their lifestyles during the pandemic, it led to a surge in e-commerce sales and thus, also, in the need for […]
Backed by East Ventures, Fr8Labs aims to digitize Asia’s logistics industry
In Western markets, freight forwarders are well into digitizing their operations, but the same doesn’t hold true in Southeast Asia, say the founders of Fr8Labs. The reasons for […]