UAE-based venture capital firm Iliad Partners has announced the second closing of its $50m fund. The closing features key players in the Greek banking sector – Eurobank, National Bank of Greece and Piraeus Bank – joining the Fund with significant commitments. This marks the first VC investment in MENA by the three Greek banks and […]
aydi secures $7.5mln seed round to launch Orth, the AI agronomy assistant transforming global agriculture
The funding will be used to introduce and scale Orth, an AI agronomy assistant that provides personalized real-time insights to empower growers facing rising input costs, climate volatility, and expert shortages. Dubai, UAE – Aydi, the AI-powered platform dedicated to advancing the success and prosperity of growers worldwide, today announced the close of a $7.5 million […]
BECO Capital Raises $370 Million to Back Founders from Pre-Seed to IPO in the Gulf
With over $820M in assets under management, the firm expands its full-stack platform across UAE and Saudi Arabia and addresses a capital gap in the region’s venture ecosystem. Dubai, United Arab Emirates, 29 September 2025: BECO Capital announces the close of $370 million across two new funds, expanding BECO’s ability to back founders from Pre-Seed […]
Ajyad Capital Partners with EXANTE to Broaden Investor Access to Global Markets
Bahrain, Manama – [28-09-2025]: Ajyad Capital, a leading investment management firm licensed by the Central Bank of Bahrain (CBB), has announced a new strategic partnership with prime global brokerage EXANTE which extends Ajyad’s global reach, providing investors with exposure to a wide range of financial instruments in international markets, through its upcoming digital investment platform. […]
Mada Secures $1.55 Million Pre-Seed Funding to Redefine Digital BNPL in Jordan
Amman, Jordan – September 26, 2025 – Mada, Jordan’s next-generation digital Buy Now, Pay Later (BNPL) provider, has raised $1.55 million in a pre-seed funding round, led by Vision Ventures (VV) and D-Investments. The announcement was made at JO Fintech, underscoring a significant milestone in Mada’s mission to reshape digital BNPL across the region. Founded […]
Elliptic Lands HSBC Investment, Extending Big Bank Backing in Blockchain Analytics
The London-based firm says the deal underscores growing institutional demand for blockchain oversight as banks move deeper into digital assets. What to know: Richard May, Group Head of Financial Crime at HSBC, will take a seat on Elliptic’s board. Elliptic says HSBC’s investment will support hiring and expansion, as demand grows for tools to monitor […]
Emergent raises $30mln to democratize software creation, hits $15m ARR in record time, expands into MENA
One of World’s Fastest Growing AI Startups, launches the world’s first agentic vibe-coding platform that builds production-ready applications for users from all walks of life, no technical skills required Dubai:— Emergent, one of the fastest growing AI startups globally, announced $30 million in total funding, including a new $23 million Series A led by Lightspeed. […]
Presight and Shorooq launch a $100mln global fund to accelerate AI innovation
Born from a unique collaboration between principal investors and technology pioneers, this fund is poised to deploy significant capital into AI ventures worldwide. Abu Dhabi, UAE – Presight, a leading global AI and big data analytics company, and Shorooq, a leading Abu Dhabi-headquartered investment firm regulated by the FSRA as Fund Manager, today announced the launch […]
UAE Launches National Campaign to Position UAE as Global Startup Capital
The campaign brings together over 50 incubators and accelerators alongside a wide network of strategic partners from the public and private sectors. DUBAI – His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President, Prime Minister, and Ruler of Dubai, has launched “The Emirates: The Startup Capital of the World” campaign, a strategic initiative aimed […]
UAE’s Oncount Raises USD 1.5M to Launch AI Accounting Platform for SMBs
Dubai-based accounting technology startup Oncount has secured USD 1.5 million in a seed funding round, led by tech entrepreneur Sergey Panov, to roll out its AI-driven accounting platform for small and medium-sized businesses (SMBs) in the UAE and beyond. The fresh capital will fuel the development and launch of the platform, support go-to-market efforts, and […]