Alibaba Group-backed Ant International said on Monday it had raised about $1.2 billion in an equity financing round, with proceeds earmarked to expand its cross-border payments business and AI-powered commerce solutions globally. The Singapore- and Shanghai-based financial technology company said existing shareholders, including Ant Group and Alibaba Group, participated in the fundraising alongside international investment institutions. […]
Riyadh, Saudi Arabia – Saudi Venture Capital (SVC) has announced its investment in SEEDRA Ventures Fund II, a venture capital fund managed by SEEDRA Ventures, an entity licensed by the Capital Market Authority of Saudi Arabia. While sector-agnostic, the Fund is geared towards technology and tech-enabled startups, including Artificial Intelligence (AI), FinTech, and Proptech. The Fund primarily […]
Dubai: Uber Technologies has agreed to acquire Germany’s Delivery Hero SE in a deal valuing the global food delivery company at about €12.9 billion ($14.8 billion), marking one of the biggest transactions in the food delivery sector as the industry continues to consolidate. Under the agreement announced on Thursday, Uber will pay €41.50 per share […]
CAIRO, Egypt: Egypt-based e-commerce logistics startup Mylerz has raised more than EGP100 million (over $2 million) in a new debt and equity funding round from its existing shareholders to accelerate its expansion across the Egyptian market. The funding round was led by Lorax Capital Partners, with participation from Fawry and a group of existing investors. […]
CASABLANCA, Morocco: Morocco-based super app ORA Technologies has extended its Series A funding round to $10 million after raising an additional $2 million from local investors, reinforcing its position as one of the country’s best-funded consumer technology startups. Is ORA Technologies, its digital wallet that enables e-commerce transactions The latest investment will be used to […]
HONG KONG, BEIJING and SHANGHAI, July 9, 2026 /PRNewswire/ — Grace Investment Machine (“GIM”), an AI-native investment technology company building agentic systems for capital markets, today announced the close of its US$20 million Series A financing. The round was co-led by a leading US venture capital firm and Hony Capital, with participation from IDG Capital and existing […]
Co-Led by RAED Ventures and Wa’ed Ventures, with participation from Dhahran Techno Valley’s Venture Capital arm and strategic angels Funding will accelerate the deployment of Think’s integrated hardware and orchestration platform, designed to reduce the cost and complexity of AI RIYADH, Saudi Arabia, July 15, 2026 /PRNewswire/ — Think, the Saudi-based company building a new generation of intelligent, […]
Investment to accelerate global deployment of institutional-grade blockchain infrastructure powering governments, enterprises and regulated digital assets Real-world projects now live on ADI Chain, driving utility for the ADI Token through large-scale settlement, stablecoin infrastructure and institutional applications Abu Dhabi, UAE – ADI Foundation today announced that ADI Chain has secured a strategic investment of USD 50 […]
Dubai – Azraq, an AI-powered risk intelligence startup focused on data centre and critical infrastructure investments, has closed an oversubscribed pre-seed funding round, with A-typical Ventures participating as a key investor following the company’s co-build journey through The Utopia Studio. The fresh capital will support Azraq’s product development and market expansion as demand accelerates for […]
Dubai, UAE – 10th July – Dubai Future District Fund (DFDF) has committed capital to MetaProp Fund IV L.P., one of the world’s most active and specialised venture capital firms investing in PropTech. This partnership positions MetaProp as a foundational early-stage PropTech partner for DFDF, supporting Dubai’s Economic Agenda D33 and the development of a regional […]