Abu Dhabi, United Arab Emirates – 24 March 2026: UAE-based venture capital firm Phoenix Venture Partners (PVP) has successfully completed the third closing of its inaugural fund, Phoenix Venture Partners Innovation Fund CEIC Limited (PVPIF), marking another milestone in the firm’s growth and strengthening investor confidence in the region’s venture capital ecosystem. The third closing, […]
Chinese autonomous driving technology developer QCraft has closed a $100m Series D funding round. The investor line-up includes Ningbo Ninghai Xingtaihe Fund, Wonderland Capital and the Liangxi Science and Innovation Industry Investment Fund Partnership, which is managed by Broad Vision Funds. Strategic investors also included a leading original equipment manufacturer (OEM) and an automotive electronics […]
Damascus, Syria: Syrian property technology startup Miftah has successfully raised a pre-seed funding round for an undisclosed amount, as it prepares to launch a digital real estate marketplace aimed at enhancing transparency and trust in Syria’s fragmented property sector. Founded in 2026, Miftah is addressing long-standing challenges in the local real estate market, including fraudulent […]
Six AI startups aligned to next-generation intelligent systems supported through strategic capital and access to world-leading AI infrastructure and proven commercial pathways. Abu Dhabi, UAE: Presight has unveiled the first six AI companies selected to receive investment through its AI Innovation Ecosystem, strengthening the pipeline of technologies designed to power next-generation intelligent systems at national and […]
UAE-USA-based finance Saas platform Kudwa has raised $1.1 million in a funding round backed by 1818 Venture Capital, F6 Ventures, Sparked VC, IM Fndg, and IVP. Founded in 2023 by Karl Nasr and Sam Arif, the company develops an AI finance manager that automates financial reporting, analysis, forecasting, and insights for businesses. The funding will support […]
Dubai, UAE, March 17th, 2026: Utexo makes Bitcoin-native stablecoin settlement practical, predictable, and easy to integrate Utexo now announces the raise of a $7.5M seed round co-led by Tether, Big Brain Holdings, and Portal Ventures, with participation from Franklin Templeton, Maven11 Capital, Fulgur Ventures, Alchemy VC, Ethereal Ventures, Auros Ventures, Arcanum Capital, Paper Ventures, Axia8, […]
Amman, Jordan and Abu Dhabi, UAE – 16 March 2026: AB Xelerate, Arab Bank’s Fintech Accelerator, and Fuze, MENA’s leading digital assets infrastructure provider, have signed a Memorandum of Understanding (MOU) to explore collaboration opportunities in digital asset products and services within the Hashemite Kingdom of Jordan. This collaboration aims to advance Jordan’s Economic Modernisation Vision by contributing […]
SHARJAH, UAE – XCath, a medical device company that is pioneering neuro-endovascular surgical robotics, part owned by Crescent Enterprises, announced today that it has secured $30 million in Series C funding, bringing the total raised since the company’s inception to $92 million. The latest funds will support XCath’s ongoing efforts to bring the world’s first commercially-practical […]
Dubai: The DIFC Innovation Hub, the largest start-up and innovation hub in the world operating out of Dubai International Financial Centre (DIFC), in partnership with Capital.com has announced the launch of CapitalHer, a new flagship programme designed to empower women across the GCC with the knowledge, confidence, and practical exposure needed to engage with financial markets responsibly. CapitalHer […]
NjiaPay has secured $2.1m (R35m at R16,66 per US dollar) in seed funding led by European investor Newion Partners to expand its payment orchestration platform across Africa. The Cape Town-based fintech provides software that helps businesses manage multiple payment service providers through a single integration. The company said the funding will be used to grow […]