Wamda

Egypt

iVoiceUp secures investment from A15 to accelerate MENA expansion

Egypt-based iVoiceUp, an AI-powered ethics and whistleblowing case management platform, has closed an investment round led by A15 to...

iVoiceUp A15

U.A.E

Noon raises $500 million from PIF-backed investors ahead of potential IPO

Saudi Arabia and UAE-headquartered noon has raised $500 million in fresh funding from backers including Saudi Arabia’s sovereign...

Noon PIF

Regional

Propeller launches Kernel Camp, an 8-week deep-tech residency in Silicon Valley for MENA founders

Propeller has launched Kernel Camp, an eight-week AI infrastructure and deep-tech residency for early-stage founders from the MENA...

Propeller silicon valley

U.A.E

Relik raises seed round with backing from KBW Ventures

UAE-based Relik has closed a seed funding round with participation from KBW Ventures, Naatt Holding, Fort Holding, and Ayman...

Relik KBW Ventures

U.A.E

UAE-headquartered Premialab raises $220 million led by KKR

UAE-headquartered Premialab, a global provider of data, analytics, and risk management solutions for quantitative investing, has raised...

KKR Premialab

Egypt

Egypt’s Nawah Scientific raises $23 million Series A to expand cloud lab footprint

Egypt-based deeptech startup Nawah Scientific has closed a $23 million Series A round, comprising a mix of equity and debt, as it marks...

Nawah Scientific

Regional

Why the Middle East's $4 trillion is our strongest asset

An article by Nour Al Hassan, the CEO of Arabic.AI and Tarjama The Middle East does not suffer from a capital shortage. It...

oped

U.A.E

ADQ, Gates Foundation commit $40 million to scale responsible AI, edtech across Africa

ADQ and the Gates Foundation have announced a four-year, $40m partnership to scale the responsible use of AI and EdTech to improve...

ADQ Gates Foundation

Egypt

Breadfast in talks with IFC for $13 million backing to expand q-commerce footprint

International Finance Corporation (IFC) is considering a $13 million equity investment in Egypt’s Breadfast as the...

Breadfast ifc q-commerce

United States

Coursera, Udemy agree $2.5 billion all-stock merger

Coursera and Udemy have signed a definitive all-stock merger agreement, valuing the combined company at $2.5bn based on December 16,...

Udemy Coursera

Saudi Arabia

Q Fund backs AI startup QPioneers in first funding round

Saudi Arabia-based AI-powered startup QPioneers has raised its first funding round from Q Fund, the investment arm of Qewam...

QPioneers Q Fund

U.A.E

Lucid Capital closes $2.5 million Seed round, led by Tharawat Holding

UAE-based fintech Lucid Capital has closed a $2.5 million seed funding round, led by Tharawat Holding, with participation...

Lucid Capital Tharawat Holding

Regional

The shift AI startups need to win over GCC investors

An article by Farid Yousefi, Founder and CEO of Founder Group Ai Artificial intelligence is accelerating across the GCC at a pace few...

oped AI

U.A.E

Buildroid emerges from stealth with $2 million pre-seed investment

US-based AI robotics startup Buildroid AI has raised $2 million in a pre-seed funding round led by Tim Draper, allowing it...

Buildroid contech AI

Saudi Arabia

STAMP raises $2 million pre-seed to build AI-powered compliance platform

Saudi Arabia-based regtech STAMP has raised $2 million in pre-seed funding, backed by unknown investors. Founded in 2021 by Muyasser...

regtech STAMP

U.A.E

FAST Ventures rolls out $3 million venture studio to back MENA startups

UAE-based VC FAST Ventures has launched FAST Foundry with a $3 million venture studio to back early-stage startups across...

FAST Ventures FAST Foundry

Saudi Arabia

Strataphy secures $6 million to power next-generation cooling systems

Saudi Arabia-based deeptech startup Strataphy has raised a $6 million seed round, led by Outliers VC and joined...

Strataphy Outliers VC Plus VC

U.A.E

Revibe lands $17 million to accelerate sustainable electronics adoption in MENA

UAE-based refurbished electronics marketplace Revibe has raised $17 million in a new funding round led by Partech, with...

Revibe Partech

Saudi Arabia

Saudi proptech Mznil closes $11.7 million Series A

Saudi Arabia-based proptech Mnzil has raised $11.7 million in a Series A round led by the US-based Founders Fund, in its...

Mnzil Proptech

Jordan

Propeller launches $50 million AI-focused fund bridging MENA talent with US markets

Jordan-rooted, AI-focused VC Propeller has launched its $50 million Fund III to invest in U.S. and MENA startups building...

Propeller

Saudi Arabia

erad secures $125 million facility from Jefferies

Saudi Arabia–based embedded-finance platform erad has secured a $125 million scalable facility led by Jefferies, with...

erad Jefferies Channel Capital

Saudi Arabia

Humanoid, QSS AI & Robotics unveil MENA’s first robotics showroom in Riyadh

Press release: Humanoid, a UK-based AI and robotics company, launched the Middle East’s first dedicated humanoid robotics showroom...

Humanoid QSS AI & Robotics

U.A.E

Mastiska closes $10 million seed to advance sovereign silicon for AI compute

UAE-based fabless semiconductor startup Mastiska has raised $10 million in a seed round backed mainly by GCC sovereign wealth funds to...

Mastiska

Regional

How MENA's female founders thrive in an ecosystem built for men

An article by Somaiah Al Dabbagh, Founder of Maeya Starting without a playbook Being a female founder in the MENA region often feels...

oped female entrepreneurs

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