Proud to have @EBRD Venture Capital and 500 Global backing the next chapter of RemotePass. The kind of partners you want in your corner as you scale globally. 🫡
Tech News of the Week:
(This is for informational purposes only, and in no particular order)
1) Retailgrid: Retailgrid Targets Retail Spreadsheets with €358K Pre-Seed Round.
Source: tech.eu/2026/05/19/ret…
2) Leadbay @LeadbayAI: YC-Backed Leadbay Lands $4.2M to Help Sales Teams Find Companies with Zero Digital Footprint.
Source: techfundingnews.com/leadbay-4-2m-s…
3) Mediads: Seventure Backs Mediads’ €3 Million Seed as it Bets Premium Media Trust can Fix Broken Social Ad Performance.
Source: techfundingnews.com/mediads-3m-see…
4) CircuitHub @CircuitHub: CircuitHub Raises $28 Million to Scale Automated Electronics Manufacturing Across the US and Europe.
Source: tech.eu/2026/05/20/cir…
5) RemotePass @RemotePassCom: RemotePass Raises $17.4 Million to Scale Global Payroll and Hiring Platform.
Source: tech.eu/2026/05/20/rem…
6) Status AI: Status AI Raises $17 Million to Turn Social Media Into Interactive Entertainment.
Source: techcrunch.com/2026/05/19/gam…
7) NEX Health: NEX Health Intelligence Secures €1 Million to Tackle Hospital Infection Spread.
Source: tech.eu/2026/05/19/nex…
8) Invertix: Vireo Ventures Backs Invertix’s €1.7M Pre-Seed to Deploy AI Workers for Renewable Energy.
Source: techfundingnews.com/invertix-1-7m-…
9) Unframe: A Defining Moment for Unframe and Enterprise AI. Unframe has Crossed $100 Million in Total Contract Value (TCV), Reached 400% Net Revenue Retention.
Source: unframe.ai/blog/a-definin…
10) Potomac Database: Potomac Database Systems Unveils Plans to Amass Lunar Data.
Source: payloadspace.com/potomac-databa…
جمعت @RemotePassCom الأمريكية للتقنية المالية 17.4 مليون دولار في جولة استثمارية (Series B) بقيادة صندوق الاستثمار الجريء للبنك الأوروبي لإعادة الإعمار والتنمية @EBRD.
يهدف التمويل الجديد لتعزيز حضور الشركة التجاري في أوروبا والولايات المتحدة.
jawlah.co/57382
RemotePass has raised $17.4 million in a Series B round led by EBRD Venture Capital, with participation from 500 Global and existing investors.
#Forbes
For More Details: on.forbesmiddleeast.com/i25x
⬤ @WamdaCapital -backed global employment, payroll, and spend platform #RemotePass has raised $17.4 million in Series B funding led by EBRD VC Venture Capital (EBRD), with participation from 500 Global and existing investors Oraseya Capital, 212 VC, Access Bridge Ventures, and Khwarizmi Ventures.
◉ Founded in the #UAE in 2021 by Kamal Reggad and Karim Nadi, RemotePass operates a global employment, payroll, and spend management platform serving businesses across more than 150 countries.
🔗 Read more : wamda.com/2026/05/remote…@RemotePassCom@500GlobalVC@212vc@OraseyaCapital@accessbridgeVC@KamalReggad@khwarizmivc#wamda
شركة @RemotePassCom تجمع 17.4 مليون دولار.. من الإمارات إلى 150 دولة 🇦🇪
المنصة الإماراتية، التي تأسست عام 2021، تجذب EBRD VC و @500GlobalVC لدعم توسعها العالمي.
تُدير رواتب 35 ألف عامل عبر 150 دولة، بقيمة 800 مليون دولار، وتُقدم حلولاً مالية للعاملين في الأسواق التي استهان بها اللاعبون التقليديون.
🔗:entarabi.com/2026/05/remote…
بدأت @RemotePassCom كمنصة للتوظيف وإدارة الرواتب عالميًا، واليوم أصبحت نظامًا موحداً يساعد الشركات على إدارة فرقها عن بُعد عبر أكثر من 150 دولة.
في خوارزمي فينتشرز استثمرنا في @RemotePassCom لأننا نؤمن بهذه الرؤية.
منذ انطلاقها، حققت @RemotePassCom مؤشرات نمو لافتة:
· تدير أكثر من 35,000 موظف في 150+ دولة
· تجاوزت قيمة الرواتب المُدارة 800 مليون دولار
نفخر بمواصلة دعم @RemotePassCom في رحلتها نحو الـSeries B.
نبارك للفريق كاملًا.
منصة واحدة لإدارة فرقك العالمية بكل سهولة RemotePass.com
What started as a platform for global hiring and payroll has grown into a unified system helping companies manage remote teams across 150+ countries.
At Khwarizmi Ventures, we backed @RemotePassCom because we believed in this vision.
Since inception, RemotePass has delivered strong growth milestones:
· Manages 35,000+ employees across 150+ countries
· Processed over $800M in payroll volume
We’re proud to continue supporting RemotePass in their Series B journey.
Congratulations to the entire team.
One platform for seamless global team management: RemotePass.com
Tech News of the Week:
(This is for informational purposes only, and in no particular order)
1) Retailgrid: Retailgrid Targets Retail Spreadsheets with €358K Pre-Seed Round.
Source: tech.eu/2026/05/19/ret…
2) Leadbay @LeadbayAI: YC-Backed Leadbay Lands $4.2M to Help Sales Teams Find Companies with Zero Digital Footprint.
Source: techfundingnews.com/leadbay-4-2m-s…
3) Mediads: Seventure Backs Mediads’ €3 Million Seed as it Bets Premium Media Trust can Fix Broken Social Ad Performance.
Source: techfundingnews.com/mediads-3m-see…
4) CircuitHub @CircuitHub: CircuitHub Raises $28 Million to Scale Automated Electronics Manufacturing Across the US and Europe.
Source: tech.eu/2026/05/20/cir…
5) RemotePass @RemotePassCom: RemotePass Raises $17.4 Million to Scale Global Payroll and Hiring Platform.
Source: tech.eu/2026/05/20/rem…
6) Status AI: Status AI Raises $17 Million to Turn Social Media Into Interactive Entertainment.
Source: techcrunch.com/2026/05/19/gam…
7) NEX Health: NEX Health Intelligence Secures €1 Million to Tackle Hospital Infection Spread.
Source: tech.eu/2026/05/19/nex…
8) Invertix: Vireo Ventures Backs Invertix’s €1.7M Pre-Seed to Deploy AI Workers for Renewable Energy.
Source: techfundingnews.com/invertix-1-7m-…
9) Unframe: A Defining Moment for Unframe and Enterprise AI. Unframe has Crossed $100 Million in Total Contract Value (TCV), Reached 400% Net Revenue Retention.
Source: unframe.ai/blog/a-definin…
10) Potomac Database: Potomac Database Systems Unveils Plans to Amass Lunar Data.
Source: payloadspace.com/potomac-databa…
UAE-based @RemotePassCom Raises $17.4M in Series B Round
Investors:
Led by EBRD Venture Capital, with participation from @500GlobalVC, @OraseyaCapital, @212vc, @accessbridgeVC, and @khwarizmivc
- RemotePass is a global platform for employment, payroll, and spend management, serving businesses across more than 150 countries.
- In 2025, the company launched SpendCards, integrating payroll, contractor payments, and corporate expense management into a single system.
- According to its statement, it reached profitability in early 2025 and plans to use the new funding to expand into Europe and the US, as well as to develop its financial products and AI capabilities.
- In 2024, it closed a $5.5M Series A funding round led by 212 VC.
- RemotePass was founded in 2021 by Kamal Reggad @KamalReggad and Karim Nadi.
شركة @RemotePassCom الإماراتية تغلق جولة استثمارية (Series B) بقيمة 17.4 مليون دولار
المستثمرين:
بقيادة EBRD Venture Capital، وبمشاركة @500GlobalVC و@OraseyaCapital و@212vc و@accessbridgeVC و@khwarizmivc
- توفر RemotePass منصة لإدارة التوظيف ودفع الرواتب والمصروفات لخدمة الشركات في أكثر من 150 دولة.
- أطلقت عام 2025 بطاقات SpendCards لدمج إدارة الرواتب ومدفوعات المتعاقدين والمصروفات المؤسسية في نظام واحد.
- ذكرت بأنها وصلت للربحية في أوائل عام 2025، وتعتزم استخدام الاستثمار الجديد للتوسع في أوروبا والولايات المتحدة، وتطوير المنتجات المالية وقدرات الذكاء الاصطناعي.
- أعلنت عن إغلاق جولتها الاستثمارية السابقة (Series A) بقيمة 5.5 مليون دولار في عام 2024.
- تأسست في عام 2021 عن طريق كمال رقاد @KamalReggad وكريم نادي.
شركة @RemotePassCom تجمع 17.4 مليون دولار في جولة تمويل من الفئة Series B بقيادة EBRD Venture Capital وبمشاركة عدد من المستثمرين من بينهم @500GlobalVC و@OraseyaCapitalو@212vc و@accessbridgeVCو@khwarizmivc
تهدف الشركة إلى تسريع توسعها في أوروبا والولايات المتحدة، إلى جانب تطوير بنيتها التحتية المالية المدعومة بالذكاء الاصطناعي. وتدعم حاليًا أكثر من 35 ألف عامل في 150+ دولة، مع تسهيل تحويلات رواتب عابرة للحدود تتجاوز 800 مليون دولار، مما يعزز موقعها عند تقاطع التوظيف العالمي والتقنيات المالية.
للمزيد: bridgemena.com/news/remote-pa…
We're thrilled to announce that RemotePass has raised $17.4M in an oversubscribed Series B led by @EBRD and 500 Global 🚀
Read the full story: tech.eu/2026/05/20/rem…
The first webinar episode of The Global Passport is going live soon. 🎉
Founders, people leaders, finance leaders. Different roles, same challenges. We'll break down what they are and how to fix them.
📅 Wednesday, May 20
🕚 6:00 PM GST
Register here: bit.ly/4duMP65
Everyone's talking about AI replacing jobs.
Last week, the founder and CEO of NVIDIA told Carnegie Mellon graduates the opposite. AI is creating a once-in-a-generation demand for talent.
The jobs are there. The question is whether there is enough AI-ready talent to fill them.