Riyadh, KSA: LAHINT, a leading company specializing in government services automation, has successfully closed its SAR 4 million Pre-Seed funding round on the second day of its participation in the LEAP 2025 global conference in Riyadh. The company reaffirmed its strategic goal of automating 50 government services by 2027, positioning LAHINT as the go-to platform […]
Bahrain-born edtech startup Unipal has raised its Pre-Series A investment round for an unknown amount. The round is led by Plus VC with participation from Al Jazira Capital, RZM Investments, Falak Angels, Doha Tech Angels and other angel investors. Founded in 2020 by Ali Alalawi and Ali Al Shaer, Unipal offers an online education application […]
Riyadh, Saudi Arabia – Madkhol Capital, a fintech innovator specializing in robo-advisory investment solutions, has successfully closed its initial investment round, raising 8.28 million SAR ($2.2 million). The funding round was co-led by Seize | Institute of Consulting and Business Solutions and numu Angel Investing Community, with participation from prominent individual angel investors. Founded in […]
Cohort 16 startups have raised over USD 145 million (AED 532 million), with 63 per cent of selected startups headquartered outside the UAE, reinforcing Hub71’s success in attracting high-growth international startups Hub71, Abu Dhabi’s global tech ecosystem, has welcomed 27 startups as part of Cohort 16 across Hub71’s three programs, Access, Hub71+ ClimateTech and Hub71+ Digital Assets. This new addition […]
Riyadh, Saudi Arabia – As Saudi Arabia’s construction sector continues its rapid expansion, Riyadh-based start-up BRKZ has announced an additional $8 million in equity funding, successfully closing its Series A round. This latest investment doubles the previously raised amount, bringing the total Series A funding to $17 million, alongside an additional $1 million in debt financing. […]
Riyadh, Saudi Arabia – String, a Saudi-based marketing automation platform, has successfully closed a $533K pre-seed investment round, backed by a group of angel investors. This funding marks a significant milestone in the startup’s journey to revolutionize marketing automation and customer engagement across the MENA region. Founded in 2023 by Tariq Tailakh and Muayad Qanadilo, […]
Bahrain – StartUp Bahrain, the leading platform for startups in the Kingdom of Bahrain, supported by the Labour Fund (Tamkeen), has announced a strategic partnership with Spring Venture Services, a subsidiary of Salica Investments. The collaboration aims to enhance the entrepreneurial ecosystem in Bahrain by providing startups with essential resources, strategic guidance, and access to investment […]
Riyadh, Saudi Arabia – Mohami, a pioneering Saudi startup specializing in AI-driven legal consultancy, has successfully closed a pre-seed investment round worth SAR 1 million, raising the company’s valuation to SAR 15 million. The newly acquired funding will be utilized to strengthen Mohami’s presence in the Saudi market and expand its service offerings to meet the increasing […]
Mush Social, the leading social platform, announced its full acquisition of Pubbles, one of the region’s earliest and most prominent social media applications. This strategic move aims to expand Mush Social’s user base and reinforce its digital presence. The acquisition follows the remarkable success of Pubbles, which was incubated under the TAQADAM Accelerator program affiliated […]
QDB continued to be a key player in the Qatari VC space maintaining its growth in 2024; over the past nine years, it has invested QR302.4mn, and invested in eight funds. Qatar’s VC (venture capital) funding reported a remarkable 135% year-on-year rise to an all-time high of QR115mn in 2024, defying 19% and 29% decline […]