Shorooq Invests in AMI Labs as Yann LeCun’s AI startup raises $1.03bln

Shorooq Invests in AMI Labs as Yann LeCun’s AI startup raises $1.03bln

Abu Dhabi, UAE — Shorooq today announced its participation in the $1.03 billion funding round of AMI Labs (Advanced Machine Intelligence), the newly launched artificial intelligence company founded by AI pioneer Yann LeCun, alongside a global consortium of leading venture capital firms and technology investors. The round, one of the largest seed financings ever raised by […]

Dubai-born deep-tech Immensa raises growth capital from Dubai Future District Fund and Global Ventures

Dubai-born deep-tech Immensa raises growth capital from Dubai Future District Fund and Global Ventures

Dubai – Immensa, a Dubai-born deep-tech company transforming how industrial spare parts are managed and produced through Digital Parts Passports, digital warehousing, and distributed manufacturing which includes 3D printing, has raised new funding to support its continued growth and international expansion ahead of its planned Series B round from Dubai Future District Fund (DFDF), Global Ventures, […]

Orca Fraud raises $2.35M to scale real-time fraud intelligence across emerging markets

Orca Fraud raises $2.35M to scale real-time fraud intelligence across emerging markets

Orca Fraud has raised $2.35 million in seed funding to advance its real-time transaction monitoring and fraud intelligence capabilities across Africa and other emerging markets. The round was led by returning investor Norrsken22, with participation from OneDayYes, Enza Capital, and CV VC Africa. Founded by Thalia Pillay and Carla Wilby, the company has grown to process over $5 billion in monthly […]

TruDoc raises $15M in Pre-Series B to accelerate virtual-first healthcare across GCC

TruDoc raises $15M in Pre-Series B to accelerate virtual-first healthcare across GCC

Dubai: TruDoc Healthcare, the GCC’s premier virtual-first, full-stack healthcare platform, today announced the successful closure of a $15 million Pre-Series B funding round. The round saw significant participation from the Al Nahyan family and the Al-Ketbi family, alongside continued support from existing investor Pulsar Capital. The investment reflects growing confidence in healthcare models that move […]

US-Based Ayar Labs Raises $500 Million in Series E with Participation from Qatar Investment Authority

US-Based Ayar Labs Raises $500 Million in Series E with Participation from Qatar Investment Authority

US semiconductor startup Ayar Labs has raised $500 million in a Series E funding round to expand its production capacity and accelerate the deployment of its optical AI infrastructure technology. The round was led by Neuberger Berman and included participation from global institutional investors such as AKR Invest, Insight Partners, Sequoia Global Equities, and 1789 […]

Dyna.Ai raises Series A to turn enterprise AI pilots into real business results

Dyna.Ai raises Series A to turn enterprise AI pilots into real business results

Riyadh KSA, Dubai, UAE; Singapore — Dyna.Ai, a leading AI solutions company headquartered in Singapore, today announced the close of an undisclosed eight-figure multimillion-dollar (USD) Series A round led by Lion X Ventures, a Singapore based venture capital fund, advised by OCBC Bank’s Mezzanine Capital Unit. The round also included participation from ADATA, a Taiwan-listed technology […]

AI Startup Angelic Intelligence Raises $15 Million Seed Funding, Targets Middle East Expansion

AI Startup Angelic Intelligence Raises $15 Million Seed Funding, Targets Middle East Expansion

Dubai: Artificial intelligence startup Angelic Intelligence, founded by entrepreneur and inventor Shekhar Natarajan, has secured $15 million in seed funding and is preparing for global expansion, with the Middle East identified as a priority growth market. The company develops an enterprise software platform designed to help organisations integrate artificial intelligence into existing systems while aligning automated decision-making with operational priorities, […]

SambaNova unveils fastest chip for agentic AI, collaborates with Intel, and raises $350mln+

SambaNova unveils fastest chip for agentic AI, collaborates with Intel, and raises $350mln+

Run agentic AI at a 3X lower cost than GPUs — slashing inference costs and maximizing margins [2] SoftBank Corp. will be the first customer to deploy SN50 within its next‑generation AI data centers in Japan SambaNova, Intel plan multi-year strategic collaboration to deliver cloud-scale AI inference to unlock multi-billion-dollar market opportunity $350 million in […]