Dubai’s crowdfunding platform Eureeca attracts more start-ups

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eureecaBased in Dubai, Eureeca, an investment crowdfunding platform, has continued to grow according to a report in the Wall Street Journal. Since their launch last year Eureeca has posted 14 start-ups – seven of which have become fully funded. Total raised funds to date stand at over $1 million.

Experts say that crowdfunding in the Middle East this is a sector to watch. Eureeca and the growing number of individuals launching start-ups in Dubai and the surrounding region are indicative of this movement.

Also referenced in the article was background on Jordan based accelerator Oasis500 which is working on opening branches across the region including the UAE, Saudi Arabia, Palestine, Lebanon and perhaps Tunisia. Claiming the title of the number one accelerator in the Middle East, since their launch in 2011, Oasis has invested in 72 start-ups – 27 of them  have raised $18 million in aggregate. Their goal is to fund 500 start-ups in 5 years.

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Reading Time: 1 minute

Based in Dubai, Eureeca, an investment crowdfunding platform, has continued to grow according to a report in the Wall Street Journal. Since their launch last year Eureeca has posted 14 start-ups – seven of which have become fully funded. Total raised funds to date stand at over $1 million.

Reading Time: 1 minute

eureecaBased in Dubai, Eureeca, an investment crowdfunding platform, has continued to grow according to a report in the Wall Street Journal. Since their launch last year Eureeca has posted 14 start-ups – seven of which have become fully funded. Total raised funds to date stand at over $1 million.

Experts say that crowdfunding in the Middle East this is a sector to watch. Eureeca and the growing number of individuals launching start-ups in Dubai and the surrounding region are indicative of this movement.

Also referenced in the article was background on Jordan based accelerator Oasis500 which is working on opening branches across the region including the UAE, Saudi Arabia, Palestine, Lebanon and perhaps Tunisia. Claiming the title of the number one accelerator in the Middle East, since their launch in 2011, Oasis has invested in 72 start-ups – 27 of them  have raised $18 million in aggregate. Their goal is to fund 500 start-ups in 5 years.

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