Dubai, UAE: – AVELIN AI, a sovereign AI platform built for enterprises and governments in regulated industries, has closed a $3.7 million pre-seed funding round from angel investors. The funding will be used to accelerate AVELIN’s commercial expansion across the Middle East, Europe, and North America, scale its GPU infrastructure, and further enhance its proprietary Cross-Model […]
Dubai, UAE – Keyper, the UAE-based proptech company transforming how people rent, manage and own residential property Digital Rental Payments, has raised US$11 million in a Series A funding round led by Speedinvest, one of EMEA’s leading venture capital firms, alongside NeoVentures, a wholly owned subsidiary of Mashreq and the bank’s Corporate Venture Capital Fund, Middle East […]
Dubai, United Arab Emirates – UAE-based climatetech startup Planno has secured a strategic investment from Incubayt Investments, the sustainability-focused venture firm founded by Sami Khoreibi, to accelerate its international expansion and enhance its geospatial artificial intelligence (GeoAI) platform for the solar industry. Founded in 2023 by Daniel Domingues, Planno has developed a GeoAI platform that […]
Dhahran, Saudi Arabia, Uvera, a deep-tech Saudi startup that is developing shelf-life extension and supply chain intelligence solutions for the fresh food industry, today announced the successful close of its seed funding round. The round included participation from Morgan Stanley Inclusive & Sustainable Ventures; LAB7, the venture-building arm of Aramco; Core Vision; and a group of […]
Dubai, United Arab Emirates: Dubizzle Group, the leading online classifieds platform in the Middle East, today announced a strategic partnership and investment in Takeem, the UAE-based rent guarantee platform. As part of the partnership, Bayut and dubizzle will be the exclusive portal for Takeem’s Rental Guarantee solution, complementing the Group’s growing suite of rental services with […]
ADGM-based platform will be chaired by HRH Prince Khaled bin Alwaleed bin Talal, with Moustafa Fahour OAM appointed as CEO and Managing Director Platform to target US$5bn AUM in 4 years Global master developer Arada will launch Arada Capital, a new funds management platform to develop and manage institutional-grade investment opportunities across real estate asset […]
Beijing, China, 3 July 2026: BlueFive Capital, among the world’s fastest growing investment firms[1], today announced it co-led the funding round for AI-powered video generation company Kling AI. The Chinese firm raised close to $3 billion, the largest single financing ever recorded for an AI video generation model company, giving it a valuation of $18 […]
Riyadh, Saudi Arabia: VAP Group announced the launch of VAP Ventures, its dedicated investment arm, marking a significant milestone in the company’s evolution from building global platforms for innovation to directly supporting the founders shaping the future of technology. The announcement was made at the Global AI Show, Global Games Show, and Global Blockchain Show Riyadh 2026, from 29-30 June, where thousands of global […]
Maalexi, the company behind the Maalexi Agricultural Assets Token Exchange (MAATEX), today announced the close of an oversubscribed funding round led by Tawuniya, a Saudi joint-stock company listed on the Saudi Exchange (Tadawul: 8010), and Global Ventures, a UAE-based venture capital firm and Maalexi’s pre-Series A lead investor. Agricultural Assets Token Exchange is developing what […]
The financing of Ruya’s seventh deal from its flagship Private Credit Facility, and its first investment in sovereign intelligence applications, supports Whiteshield’s mission to build the policy intelligence layer that enables governments to continuously learn, decide and adapt in an AI-driven world. Ruya Partners Abu Dhabi, Dubai & Riyadh: Ruya Partners Limited (“Ruya”), the ADGM-based […]