STEP Conference 2020 ends with Multimillion Dirham Deals

STEP Conference 2020 ends with Multimillion Dirham Deals

(17 February Dubai) Held in its 9th edition under the theme of "the World in Dubai", STEP Conference, the leading technology festival for emerging markets, just concluded with over AED 600 million worth of funding deals announced between companies, regional and homegrown startups.. We are also proud to have several funds and startup investments announced at STEP 2020.". New investment platform Nuwa Capital was launched by managing partner Khaled Talhouni and is targeting up to USD$ 100 million in commitments in emerging markets, primarily covering the Middle East and North Africa (MENA) including. Year after year, STEP continues to be MENA's hallmark event for startups, investors and other main stakeholders of the industry, and we as Nuwa Capital were very glad to have launched at the heart of the ecosystem.". Vezeeta, Middle East and Africa's leading digital healthcare platform secured US$ 40 Million in its Series D round led by Gulf Capital, the Middle East's largest and most active alternative asset management firm.. The round had strong support from existing investor, Saudi Technology Ventures (STV), who led Vezeeta's Series C round in September 2018.. EAT app, a Dubai-based online restaurant reservation platform used throughout the Middle East, has raised a