Careem acquires bike-sharing startup Cyacle, Trukkin raises $3.5 million, Saudi Aramco Energy Ventures co-leads $6 million investment in Amreican blockchain startup and more.
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Here's what's happening in the tech, startup and VC universe today:
1. Saudi Aramco Energy Ventures co-leads $6 million investment in American blockchain startup Data Gumbo
2. Dubai-based truck aggregator Trukkin raises $3.5 million to connect shippers and truckers in the Middle East
3. Careem acquires UAE-based bike-sharing startup Cyacle to expand into micro-mobility
4. Ford and Swvl announce strategic partnership
The MENAbytes Drop is brought to you Dukkan Media.
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