Dubai’s Huspy announced raising $59 million in Series B funding while Saudi’s TruKKer secured a $ 15 million private credit investment. UAE- and US-based healthtech startup BioSapien also extended its pre-Series A round to over $8 million.
Huspy raises $59m to further expand in Europe
Huspy, a proptech startup building the largest home-buying platform in Europe and the Middle East, has announced raising $59 million in a Series B funding round anchored by returning investor Balderton Capital, one of Europe’s top venture firms.
The round was also backed by a host of venture investors, including Peak XV, ExBorder Partners, Turmeric Capital, BY Ventures, Dara Management, COTU Ventures, and KE Partners, per the announcement.
Founded to streamline the home-buying process, Huspy provides technology and infrastructure to real estate agents and mortgage brokers, offering high commissions and tools to improve client service.
Huspy claims to have facilitated over $7 billion in real estate transactions annually in Europe and the Middle East. The funding, it said, will support the company’s European expansion, investment in technology, and strategic hiring.
Saudi freight platform TruKKer secures $15m investment
TruKKer, a Saudi Arabia-based digital freight platform, has secured a $15-million private credit investment from United Arab Emirates-headquartered Ruya Partners, according to an announcement.
The company said the fresh funding will support its regional expansion, technology upgrades, and efforts to consolidate its leadership in the freight-tech space.
Founded in 2016, TruKKer operates a real-time, AI-enabled freight marketplace connecting more than 60,000 transporters with over 1,200 enterprise clients across nine countries in the Middle East, North Africa, and Central Asia.
The platform digitises road freight operations, offering intelligent dispatching, scheduling, and capacity optimisation. In 2022, TruKKer raised $100 million in a pre-IPO round, led by Bahraini investment firm Investcorp.
“As we expand our footprint and product offering, this investment enhances our capital structure and supports our broader mission to digitise and optimise freight and supply chain operations across multiple logistics verticals,” said TruKKer founder and CEO Gaurav Biswas.
BioSapien extends pre-Series A round to $8m
UAE- and US-based healthtech startup BioSapien has extended its pre-Series A round to over $8 million, adding MENA-based venture capital firm Globivest to its list of backers.
Founded in 2018, BioSapien is developing MediChip, a 3D-printed, slow-release drug delivery platform designed to attach to tissue and minimize systemic side effects.
The company plans to use the fresh capital to accelerate product development and global expansion.
As part of its growth strategy, BioSapien has made a series of senior hires across regulatory, R&D, and operations. Notable appointments include Joseph Borrello as chief technology officer and Sonia Ramamoorthy as head of Medical Affairs.
