Author: Funding, Mergers & Acquisitions Dept
Syrian marketplace startup AlMkhtar has closed a $100,000 seed funding round, led by angel investors Rani Abu-Shaar and Abdulah Al-Shamma, alongside a group of regional angel investors. The investment will support the company’s expansion across Syria, enhance its digital platform, and strengthen its position in the country’s growing online classifieds market. Founded in 2020 by Ayham Ksayer, AlMkhtar operates a digital marketplace connecting buyers and sellers, landlords and tenants, across real estate, vehicles, and a growing range of consumer categories. The company aims to modernize Syria’s fragmented marketplace by providing a trusted platform that simplifies transactions while improving transparency and…
Saudi-founded startup EdenMountain has announced GrowthX Capital for Investment as its lead institutional investor, marking a significant milestone as the company accelerates the global expansion of what it describes as the world’s first marketplace for ENORs® (Enterprise Non-Operating Rights)—a new tradable asset class that enables businesses to monetize commercial rights they are not actively utilizing. The strategic investment will support EdenMountain’s next phase of growth, including international expansion, product development, team growth, and broader adoption of its marketplace. Beyond providing capital, GrowthX Capital will work closely with the company by contributing institutional expertise, strategic guidance, and support for market expansion,…
