AURAK Starts Up

April 23, 2019 UAE Business 0

The American University of Ras Al Khaimah (AURAK), in cooperation with Khalifa Fund and Google, organized the RAK 19 Startup Weekend to facilitate future entrepreneurs in developing projects into market ready products. Read more

UAE Business Magazine

FundedByMe confirms full regulatory license completion in the UAE

March 21, 2019 UAE Business 0

FundedByMe, a leading global crowdfunding website that allows companies to raise funds by selling equity, trough equity crowdfunding, has recently launched operations at the DIFC after obtaining full equity crowdfunding license from the DFSA. Previous communication announced an “in principle approval” subject to specific conditions, like company incorporation that now have been met. Read more

UAEpreneurs investor day group

UAEpreneur Investor Day showcases Arab business creativity – 13 regional startups pitch for investment totaling USD4.75 million

March 21, 2019 UAE Business 0

UAEpreneur – the initiative designed to support young entrepreneurs from the Middle East – selected 13 startups from more than 100 applicants to present to potential angel investors at the recent Investor Day in Dubai. Each startup made a five-minute pitch concluding with the ‘ask’ – the investment required to take their business to the next level. The 13 startups asked for a combined total of USD4.75m, with individual pitches ranging from USD100,000 to USD1million. Some of the startups are already in discussion with potential investors in the UAE. Read more

Facilio

Facilio: Reimagining the facilities experience

January 10, 2019 UAE Business 0

Dubai’s and the region’s Smart City & Sustainability aspirations are driving an emphasis on identifying opportunities to embrace innovation. Facilio – a start up headquartered in Atlanta USA, and with operations across Middle East and India, has been steadily creating a reputation for its Artificial Intelligence, Machine Learning and IoT based approach to facilities management, helping buildings operate better, increasing their energy efficiency and enhancing livability. We spoke to Founder and CEO Prabhu Ramachandran to gain an insight into the company’s approach. Read more

Investing in African Innovation Startups

Investing in African Innovation Startups

October 13, 2018 UAE Business 0

Since 2008, VC4A (VC4A.com) designs, structures and implements successful entrepreneurship programs on the continent. VC4A.com – the world’s largest database of African startups and connecting local entrepreneurs to learning resources, mentors, investors and partner programs. Read more

Prabhu Ramachandran

IoT and AI driven FM tech start-up Facilio expands global footprint with a key focus on the Middle East, signing 8 new enterprise clients in less than a year

August 28, 2018 UAE Business 0
  • Within a year of securing over $1 million USD funding from international venture capitalists, Accel, Facilio has signed contracts with several prestigious clients across the US, India, and the Middle East, accruing a whopping 20 million sq ft of built space under its management
  • Facilio is the world’s first IoT and AI-driven facilities management SaaS solution that covers end-to-end building maintenance, operations, sustainability, and tenant experience, across portfolios.
  • With this momentum, Facilio is gearing up to expand the engineering team in India and grow the support, sales and marketing teams in the US.

Facilio, an Atlanta-based FM Tech start-up, has already established a strong foothold in Dubai across IoT & AI-driven applications designed to unify building performance in real-time, within its first year of operations in the Middle East. Read more