Dubai-headquartered digital asset exchange BitOasis has raised $30 million in a Series B round co-led by US VC firm Jump Capital and returning investor Wamda. BitOasis enables users in the Middle East to buy, sell and store crypto assets, including Bitcoin, Ethereum, Ripple, Tether, Bitcoin Cash, Litecoin, and a few others.
GrubTech, a platform for restaurants and cloud kitchens, has raised a $13 million Series A investment. The funding was led by Addition, while other investors include BY Ventures and Hambro Perks Oryx Fund. GrubTech’s restaurant management system enables its customers to operate more efficiently as well as increase sales by operating multiple brands from a single location.
E-commerce roll-up play Opontia launched in June, raising $20 million in debt and equity to acquire older, small e-commerce brands in the Middle East and Africa. The company confirmed to TechCrunch that it has closed a subsequent round, a $42 million Series A nine months after it was founded.
In a follow-up to their January report, the U.K. Competition and Markets Authority raised the number of concerns they have with Privacy Sandbox to 79. Among other issues, they adopted the privacy concerns raised by another U.K. regulator, the Information Commissioner’s Office. Google’s recent decision to shift third-party cookie deprecation to next year might mean they saw this coming.