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2025-03-232025-03-23233221100
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UAE startup PlaysOut secures 7 million dollars to expand mini-game ecosystem

UAE-based PlaysOut has secured $7 million in a seed funding round led by KBW Ventures to expand its mini-game ecosystem, valuing the company at $70 million. The funding will enhance its blockchain-powered mini-game engine, targeting growth in the US, MENA, and Asia.Meanwhile, ORO Labs raised $1.5 million to transform gold into a yield-generating asset through blockchain technology, allowing users to earn yield and trade gold-backed assets. The startup aims to bridge traditional gold markets with Web3 finance, leveraging the UAE's robust gold trade environment.
ArabFounders
United States Dollar BHR MLI TGO GHA BWA EGY ARE SDN PAK BEN QAT SEN LBY UGA SAU CIV CMR Roberto Colucci Usman Saleem Jassem Osseiran Show more
Technology & Innovation, Press Release
15:28 23.03.2025

UAE startup PlaysOut secures 7 million dollars to expand mini-game ecosystem

UAE-based PlaysOut has secured $7 million in a seed funding round led by KBW Ventures to expand its mini-game ecosystem, valuing the company at $70 million. The funding will enhance its blockchain-powered mini-game engine, targeting growth in the US, MENA, and Asia.Meanwhile, ORO Labs raised $1.5 million to transform gold into a yield-generating asset through blockchain technology, allowing users to earn yield and trade gold-backed assets. The startup aims to bridge traditional gold markets with Web3 finance, leveraging the UAE's robust gold trade environment.
ArabFounders
United States Dollar TGO QAT LBY GHA MLI BHR ARE CIV BWA CMR SEN PAK SAU SDN UGA EGY BEN CHN Roberto Colucci Usman Saleem Jassem Osseiran Show more
Technology & Innovation, Press Release
15:28 23.03.2025

mena analytics secures funding for expansion into jordan and saudi arabia

UAE-based ORO Labs has secured $1.5 million in pre-seed funding to transform gold into a yield-generating asset through blockchain technology. Founded by Usman Saleem, ORO aims to redefine gold ownership by enabling users to earn yield, borrow against tokenized gold, and trade gold-backed assets seamlessly. With strategic partnerships and regulatory support, ORO is positioned to bridge traditional gold markets with the next generation of financial infrastructure.
ArabFounders
United States Dollar Mohammad Abu Qare Yousef Srouji Roberto Colucci Zayne Abudaka Obada Shtaya Show more
Business & Industry, Market Report
15:34 22.03.2025

mena analytics secures funding for expansion into jordan and saudi arabia

ORO is leveraging blockchain technology to transform gold into a borderless, income-generating asset, coinciding with central banks' record gold accumulation amid de-dollarization trends. With strong investor backing and strategic partnerships, it aims to redefine gold's role in the digital economy.In the UAE, Zeekr celebrated its first anniversary, achieving over 200% growth in January 2025, and plans to launch the Zeekr 7X. Meanwhile, MENA Analytics secured funding to expand its AI-driven market research platform into Jordan and Saudi Arabia, enhancing data accessibility for SMEs.
ArabFounders
United States Dollar Mohammad Abu Qare Yousef Srouji Roberto Colucci Zayne Abudaka Obada Shtaya Show more
Business & Industry, Press Release
15:10 21.03.2025
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