Riyadh, Saudi Arabia — Saudi Arabia-based investment firm Pinnacle has launched a venture capital fund focused on growth-stage technology companies and secondary investment opportunities in the Kingdom, aiming to address growing demand for growth capital and liquidity in the country’s maturing venture ecosystem. The fund will invest through both primary funding rounds and secondary transactions, […]
Dubai, the UAE— Naran, a UAE-based mobility financing and fleet infrastructure platform, raised $10 million in equity and debt financing from Landel, a UAE-based investment firm. The funds will support mobility fleet scaling in Colombia, Peru, Senegal, and Côte d’Ivoire, as well as the company’s entry into new markets, including MENA, and the rollout of […]
Rasmal joins the round with its investor GrowthX Capital—Hamad Al-Hajri’s family office—and Further Ventures, placing Gulf institutional capital at the centre of a global payments infrastructure The investment follows Yuno’s regional office in Qatar and a certification by the Saudi Central Bank, a partnership opening local payment rails across all six GCC markets The commitment […]
Backed by investors from Jordan, the UK, and Saudi Arabia, the company will accelerate regional expansion, advance its AI-powered mental health platform, and improve access to culturally relevant mental healthcare for Arabic-speaking communities worldwide. Arab Therapy, a leading AI-powered mental health platform, founded by Dr. Tareq Dalbah (CEO) and Hekmat Al Hasi (CPTO), today announced […]
Dubai, UAE — August 11, 2026: UAE-based customer intelligence startup Cobi has raised $1 million in a pre-seed funding round led by Lunara Partners, with participation from Plug and Play, Annex Investments, and Spring. Founded in 2024 by Darren Edmund and Botlhale Mosoane, Cobi is developing an AI-powered customer intelligence platform designed to help businesses […]
Manama, Bahrain: Bahraini startup SOOR, a Bahrain-based insurtech platform Soor has secured a strategic investment from Spring, a venture studio and ecosystem builder backed by London-based global investment firm Salica and Bahrain’s Al Waha Fund of Funds, to accelerate its growth, strengthen product development, and expand its digital insurance platform. Licensed by the Central Bank […]
Multiverse Computing to establish Doha as its regional headquarters Doha, Qatar: Qatar Development Bank (QDB) has announced its investment in Multiverse Computing, a global leader in efficient and sustainable artificial intelligence and one of Europe’s newest unicorns, during a signing ceremony held in Doha. QDB’s investment forms part of the company’s EUR 500 million Series C […]
The two entities have also entered a partnership to bring financial products such as private credit, PayFi, invoice financing and stablecoin-enabled infrastructure onchain, with Laser Digital providing expertise in institutional-grade risk governance. ZIGChain is targeting a minimum of $100 million in total value locked (TVL) across a pipeline of institutional-grade vault products DUBAI, ZIGChain, the blockchain […]
Led by Mubadala Investment Company “Mubadala”, and co-led by Woven Capital (Toyota) and Ion Pacific, the Series C accelerates Moove’s global infrastructure platform for autonomous mobility as the market shifts from breakthrough technology to scaled deployment. $250 million Series C values Moove at $2.1 billion, cementing its position as the category-defining infrastructure company for the […]
BioCatch’s behavioral and device intelligence expertise expected to help detect scams, account takeovers and digital fraud before they happen SAN FRANCISCO– Visa (NYSE: V) today announced it has signed a definitive agreement to acquire BioCatch, a leading provider of behavioral-first, multi-signal fraud intelligence, from funds advised by Permira and other shareholders for $2.4 billion in […]