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 […]
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 – 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 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 […]
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 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 […]
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 […]