ABU DHABI, United Arab Emirates--(BUSINESS WIRE)--Bayzat, the Abu Dhabi-Based Tech Startup, Raises $16M in Series B Funding. : ABU DHABI, United Arab Emirates--(BUSINESS WIRE)--Bayzat, the United Arab Emirates (UAE)-based company providing a free platform for human resources (HR), payroll and employee benefits, has raised $16 million in Series B funding. The funding round was led by Point72 Ventures and is Mubadala Capitals’ first investment in a UAE-based startup. Other participants in the funding round include Elm, Greyhound Capital, Endeavor Catalyst, and Tech Invest Com.