Saudi Arabia-based platform Flawless has raised $1.5 million in pre-seed funding, backed by unnamed angel investors focused on early-stage innovation. Founded by Shaimaa Alghamdi, the platform uses generative AI and social psychology to offer personalised career guidance. The company originated as a blog in 2023 and transformed into a full-fledged digital startup in 2024, targeting unmet demand […]
Saudi Arabia-based quick delivery company Ninja has officially achieved unicorn status after securing approximately USD 250 million in a funding round led by Riyad Capital, according to individuals familiar with the matter. The round values the three-year-old company at around USD 1.5 billion, making it one of the few tech unicorns in the Kingdom. Founded in 2022, Ninja offers ultra-fast delivery services […]
Manama, Bahrain – Standard Chartered, in partnership with Bahrain FinTech Bay, has announced the selection of ten promising female-led startups to join the sixth cohort of the Futuremakers Women in Tech Bahrain programme. This initiative continues to serve as a launchpad for women entrepreneurs driving innovation and impact across key sectors in the Kingdom. The programme […]
AgriCash, the Egypt-based agri-fintech company transforming agricultural finance through digital innovation, has announced the successful close of its seed funding round. Alex Angels led the round, and a group of strategic investors also participated. While the investment amount remains undisclosed, the fresh capital will support AgriCash’s plans to scale its operations within Egypt and expand […]
Byzanlink, a real-world asset (RWA) tokenisation platform bridging traditional finance and decentralised finance (DeFi), has raised $1 million in a private funding round. The raise attracted a group of early supporters, including Outlier Ventures, NTDP Saudi, Smart IT Frame, Sensei Capital and angel investors Murali Kulala (CEO, Smart IT Frame), Salman Butt (Co-founder, Salla), and […]
Riyadh, Saudi Arabia, 30 June 2025: Jadwa Investment, a leading investment management and advisory firm in the Middle East, today announced it has led a USD 50 million investment round in PetroApp, Saudi Arabia’s leading fuel management platform, through its flagship blind-pool vehicle, Jadwa GCC Diversified Private Equity Fund. Bunat Ventures, a regional venture capital […]
Rapidly growing company, led by serial entrepreneur, David Gurlé, completes seed round – led by Global Ventures, a leading VC firm in MENA – with participation from Inria, OneRagtime, Mi8, and business angels. $800 billion cloud market, growing at 20% a year – amid accelerated demand for AI – is ripe for a European solution […]
Flagship Event CoCreate 2025 to Be Held in Las Vegas and London NEW YORK, June 26, 2025 — Alibaba.com, a leading B2B e-commerce platform, today announced the newly expanded pitch competition, CoCreate Pitch, which will take place at the Company’s annual flagship CoCreate event. The competition will allow global SMEs with product dreams to compete for a $1 million prize pool. In addition […]
Headquartered in Dubai, idea-L® is strategically positioned at the heart of the Middle East’s thriving innovation economy. DUBAI, UAE: idea-L®, the artificial intelligence (AI) and Web3-powered platform that turns ideas into investor-ready ventures, and potential into progress, announces the close of an oversubscribed $1 million pre-seed round. The round, secured from a wide syndicate of investment […]
Vienna-based startup serving 1,000+ properties raises funding to revolutionize hospitality communication with industry-first AI. chatlyn recently opened its Dubai office to strengthen its presence in the Middle East Vienna, Austria: chatlyn, the AI communication hub transforming how hotels engage with guests across every touchpoint, announced today it has secured $9.3 million (€8 million) in Series A […]