Dubai’s crowdfunding platform Eureeca attracts more start-ups

by -
2365

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.

Support ASEAN news

Investvine has been a consistent voice in ASEAN news for more than a decade. From breaking news to exclusive interviews with key ASEAN leaders, we have brought you factual and engaging reports – the stories that matter, free of charge.

Like many news organisations, we are striving to survive in an age of reduced advertising and biased journalism. Our mission is to rise above today’s challenges and chart tomorrow’s world with clear, dependable reporting.

Support us now with a donation of your choosing. Your contribution will help us shine a light on important ASEAN stories, reach more people and lift the manifold voices of this dynamic, influential region.

 

 

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. 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...

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.

Support ASEAN news

Investvine has been a consistent voice in ASEAN news for more than a decade. From breaking news to exclusive interviews with key ASEAN leaders, we have brought you factual and engaging reports – the stories that matter, free of charge.

Like many news organisations, we are striving to survive in an age of reduced advertising and biased journalism. Our mission is to rise above today’s challenges and chart tomorrow’s world with clear, dependable reporting.

Support us now with a donation of your choosing. Your contribution will help us shine a light on important ASEAN stories, reach more people and lift the manifold voices of this dynamic, influential region.