Riyadh, Saudi Arabia: Saudi Arabia-based automotive technology startup Syarah has raised $12 million in a new investment round from Impact46 to accelerate the expansion of its digital marketplace for new and used vehicles across the Kingdom. The stage of the funding round was not disclosed. Founded in 2015 by Salah Sharef and Fayez Alanazi, Syarah […]
Strategic cooperation will create new pathways for startups between the UAE, Gulf region, Vietnam and ASEAN DA NANG, VIETNAM — 2026 — NQubator and the Da Nang Innovation Startup Support Center (DISSC) have entered into a Memorandum of Understanding (MOU) aimed at strengthening cooperation between the innovation and startup ecosystems of Da Nang and the United […]
FlyAkeed, the Saudi corporate-travel technology platform, announced Wednesday from the main stage at LEAP 2026 that it has secured SR94.3 million ($25.15 million) in growth funding. The round pairs an equity investment led by Sanabil Investments – a financial investment company wholly owned by the Public Investment Fund (PIF) – with participation from Artal Capital, […]
Kuwait-founded enterprise technology company COFE Tech, formerly known as COFE App, has closed a pre-IPO funding round at a $178 million valuation, as the company accelerates its expansion across the Middle East and North Africa (MENA) and prepares for a potential listing on the Saudi Exchange by 2029. The funding round was co-led by Wa’ed […]
Dubai-founded fitness technology company Enhance has raised $18.2 million in equity and venture debt as it accelerates the expansion of its personal-training software platform in the United States. The latest financing includes equity from Global Ventures and venture debt from Stride Ventures, although the company has not disclosed the allocation between the two forms of […]
New venture capital arm backs Saudi and global AI companies across enterprise AI, cybersecurity, computer vision, healthtech, fintech and retail technology, supporting Saudi companies with global ambitions while helping international companies establish and scale from the Kingdom Blossom Accelerator, a Saudi venture capital firm and innovation platform, today announced the launch of Blossom Capital, its […]
Riyadh, Saudi Arabia: Saudi Arabia-based HUMAIN, a PIF company focused on delivering full-stack artificial intelligence capabilities globally, HUMAIN Invests in Arabic.AI has made a strategic investment in Arabic.AI as part of a partnership with Arabic.AI and its parent company Tarjama to expand Arabic and multilingual enterprise AI solutions across Saudi Arabia and international markets. The […]
Dubai, UAE — UAE-based martial arts and holistic education company GMNSM has raised $2 million in funding from investment firm VEYRA Capital and a private investor. Founded in 2022 by professional athlete-turned-entrepreneur Andrej Kuprejev, GMNSM combines martial arts and physical education with soft-skills development programmes for children, while also offering martial arts classes for adults. […]
Dubai, UAE — August 26, 2026 — Dubai-headquartered mobility technology company Swvl Holdings Corp (Nasdaq: SWVL) has secured $13 million through a private investment in public equity (PIPE) led by U.S.-based investment firm Coefficient LP, backed by Egypt’s Sawiris family. Coefficient has committed $10 million to the investment, which will make it Swvl’s largest institutional […]
DUBAI: UAE-based AI and geospatial intelligence company Stellaria, formerly known as Farmin, has raised $6.8 million (AED25 million) in a seed funding round backed by a group of angel investors, valuing the company at $114.4 million (AED420 million). Founded by Dr. Ali AlHammadi, Stellaria is developing an AI-powered operating system for geospatial intelligence that transforms […]