UAE-based fabless semiconductor startup Mastiska has secured $10 million in a seed funding round, backed primarily by GCC sovereign wealth funds, as it pushes to develop sovereign AI hardware and data-centre-class inference accelerators. Founded in 2024 by Suresh Sugumar, Mastiska is building a UAE-based sovereign semiconductor ecosystem using open-source technologies. The company is grounded in […]
Riyadh — Propeller, a venture capital firm focused on AI infrastructure, today announced the launch of its $50 million Fund III, designed to connect MENA’s technical and entrepreneurial talent with the market opportunities of Silicon Valley, and to link cutting-edge AI startups in the USA with the key players implementing large-scale AI infrastructure projects in the […]
Dubai, UAE: Revibe, the fast-growing marketplace for refurbished electronics, has raised $17 million in a new funding round led by Partech, with participation from E& Capital, Burda Principal Investments, and EQNX, alongside existing investors. The new funding will help Revibe continue improving its service and the quality of its devices while accelerating international expansion across the […]
UAE-based AI robotics startup Buildroid AI has emerged from stealth after securing $2 million in a pre-seed funding round, led by renowned venture capitalist Tim Draper, known for backing global innovators such as Tesla, SpaceX, Skype, and Robinhood. Founded in 2025 by Slava Solonitsyn and Anton Glance, Buildroid AI integrates specialised and general-purpose robots directly […]
Dubai, UAE & Riyadh, KSA: FAST Ventures, a marketing holding company, at the intersection of marketing, technology, and consumers has launched FAST Foundry, its investment arm and venture studio backed by a $3 million fund to boost early stage startups across the wider MENA region. FAST Foundry will invest in startups building the next wave of […]
Dubai, UAE – Kingpin, a UAE-based AI-native SaaS company redefining how brands, distributors, and wholesalers find, approach and transact with retailers, has raised $3.5 million in seed funding to accelerate its global distribution platform. The round was backed by US-based Infinity Ventures, Red Swan Ventures, Mu Ventures, as well as UAE-based COTU and Outliers, with […]
UAE-based Secure.com has announced the close of a $4.5 million funding round led by Disrupt.com, coinciding with the launch of its new Digital Security Teammate (DST)—an AI-native security agent designed to help organisations address the widening cybersecurity talent deficit, currently estimated at 4.8 million unfilled roles worldwide. Founded by Uzair Gadit, Secure.com builds AI agents […]
The financing will support Aster in launching two new multi-specialty hospitals in Dubai, adding 250+ beds to the existing capacity of around 920 beds Once fully operational, the added capacity will enable treatment of more than 560,000 patients annually in the UAE, in addition to 20 million patients currently served across GCC The expansion will […]
Nabta Health (“NABTA”) is pleased to announce the closing of a $2 million Pre-Series A funding round, bringing its total funding to date to US $4.5 million. The Pre-Series A funding will enable NABTA to accelerate its mission to deliver accessible, evidence-based women’s healthcare and to expand its AI-powered hybrid model across the Middle East […]
Dubai, UAE: Arada has invested AED60 million in Brooki Bakehouse, the Australian bakery brand that is famed for its viral social media following. The transaction carried out by Arada’s hospitality and entertainment division represents Brooki Bakehouse’s first major external investment, enabling the brand to expand globally, beginning with the United Arab Emirates this year and followed […]