The Lab Ventures has closed its €29.1 million Fund II to accelerate investment in early-stage B2B startups across Spain and MENA markets. Focused on sectors including PropTech, HealthTech, and professional services digitisation, the operational VC combines capital with hands-on support in product, engineering, business development, and talent acquisition to help founders scale efficiently.
Property Finder has secured $250 million in debt financing from Ares Credit Funds to accelerate its growth across the MENA region. The funding will support AI-driven solutions, product innovation, and strategic partnerships while reinforcing the company’s position as the region’s largest property platform.
Dubai Electricity and Water Authority has joined the vPAC Alliance, becoming the first utility in the MENA region to do so. The move aims to advance smart grid technology, operational efficiency, and global collaboration in energy systems.
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