Abu Dhabi, UAE: Planys Technologies, a Hub71 startup and deep-tech leader in underwater robotics and advanced inspection solutions, has raised approximately USD 12 million in primary funding to drive its next phase of global expansion. The round was led by marquee investors Ashish Kacholia and Lashit Sanghvi, with participation from existing investors including Pratithi Investment, Samarthya […]
UAE-headquartered Premialab, a global provider of data, analytics, and risk management solutions for quantitative investing, has raised $220 million in a growth investment led by KKR, alongside existing investor Balderton. Founded in Hong Kong in 2016 by Adrien Géliot and Pierre Trecourt, Premialab operates a global platform serving the $800 billion quantitative investment strategies (QIS) […]
Relik has secured seed investment to build the future of authenticity in the age of AI Relik is set to combat the $467 billion counterfeit market from its UAE base Dubai, UAE: Relik, a UAE-born authentication platform blending AI with advanced security technologies to verify, protect, and preserve the authenticity of collectibles, art and cultural treasures, […]
Casablanca: Morocco has announced a USD 140 million (MAD 1.3 billion) investment package to strengthen its startup ecosystem as part of its Digital 2030 strategy, aiming to position the country as a regional hub for digital innovation and entrepreneurship. The announcement was made by Amal El Fallah Seghrouchni, Delegate Minister for Digital Transition and Administrative […]
Global connectivity provider Roamless has closed a $12 million Series A funding round led by Rasmal Ventures, with participation from Shorooq, Revo Capital, Finberg, and JIMCO. The new capital brings Roamless’ total funding to $18 million, following a $6 million seed round in 2024. Founded in Türkiye and headquartered in the US, Roamless was established in 2023 by Emre Demirel, […]
Algiers, Algeria – December 2025: Algeria-based traveltech startup VOLZ has raised 600 million Algerian dinars (nearly $5 million) in a Series A funding round led by a consortium of private investors under Tell Group, with participation from Groupe GIBA – Babahoum Industrial Group Algeria, best known for its mineral water brand Guedila. The funding was […]
Impact46 announced today that it has led a $1 million investment round in Hypemasters, an international game development studio focused on competitive strategy experiences for mobile. The round included significant participation from GEM Capital. Hypemasters builds strategy titles distinguished by competitive depth and precise game design, with more than 7 million players across the globe. […]
Trendle, the parent company of MASAHA App, has successfully closed its second Seed investment round, reaching a valuation of $1.5 million. The round was supervised by Dr. Yaqoub Al-Sane’s Law Office and saw participation from Fifty Studios Holding along with a group of prominent angel investors. Founded in 2022 by Faisal Al-Qarnous and Bader Aburezq, […]
Source: Zawya Qadi deconstructs local laws, regulations and internal policies and encodes their rules into AI agents that take actions, and integrates compliance checks proactively into business workflows. Dubai, UAE: Qadi, the Middle East’s first sovereign regulatory compliance platform, today emerged from stealth and announced its pre-seed funding round, led by Incubayt. Qadi’s platform turns […]
ABU DHABI – Abu Dhabi-based Zelo, formerly known as eFunder, said on Thursday it has received $715 million in capital from its parent, International Holding Company, to expand its financing services for small- and medium-sized businesses. Zelo provides small businesses and mid-tier suppliers with liquidity by converting approved invoices from government entities, large corporates and major […]