Beltone Venture Capital Backs Egyptian homegrown champions ariika and Lychee Expansion into Saudi Arabia

Beltone Venture Capital Backs Egyptian homegrown champions ariika and Lychee Expansion into Saudi Arabia

Cairo: Egyptian homegrown champions backed to accelerate Saudi expansion as Beltone Venture Capital cements its role as the region’s leading builder of consumer powerhouses. Beltone Venture Capital (BVC), a subsidiary of Beltone Holding, is doubling down on two of Egypt’s most compelling consumer success stories a direct-to-consumer digital-led home furnishing brand ariika and healthy F&B pioneer Lychee  as both […]

AXON Secures SAR 4 Million Investment to build the next generation of cross-border payments

AXON Secures SAR 4 Million Investment to build the next generation of cross-border payments

DUBAI, UAE – AXON successfully concluded its exclusive Investor Summit in Riyadh, Saudi Arabia, bringing together a distinguished group of investors, decision-makers, and leaders from the fintech and investment sectors across the Kingdom and the wider region to discuss the future of financial infrastructure connecting traditional finance with the digital economy. The event was attended by […]

Saudi-Based Revora Secures $2 Million In Seed Round For Expansion and Product Development

Saudi-Based Revora Secures $2 Million In Seed Round For Expansion and Product Development

Saudi Arabia-based artificial intelligence (AI)-native e-commerce operating platform Revora has raised $2 million in a seed funding round, bringing its total funding to date to $2.5 million. The round was co-led by i2i Ventures and Oraseya Capital, with participation from Anchorless Bangladesh, Conjunction Capital, F6 Ventures, Hi2 Global, Orbit Startups, and a group of strategic […]

Tunisia-based RoboCare Secures Six-Figure Investment from 216 Capital to Expand Across Africa and Middle East

Tunisia-based RoboCare Secures Six-Figure Investment from 216 Capital to Expand Across Africa and Middle East

TUNISIA — Tunisia-based agritech startup RoboCare has secured a six-figure investment from venture capital firm 216 Capital to support its next phase of growth and accelerate expansion into African and Middle Eastern markets. Founded in 2020 by Imen Hbiri in Sfax, RoboCare develops an AI-powered precision agriculture platform designed to help farmers detect crop diseases […]

Robo.ai to Acquire QC Capital in $60 Million Share Deal to Expand Global AI Robotics Platform

Robo.ai to Acquire QC Capital in $60 Million Share Deal to Expand Global AI Robotics Platform

ABU DHABI, UAE — Robo.ai Inc. (NASDAQ: AIIO), a Nasdaq-listed UAE-based company, announced today that it has entered into an agreement to acquire 100% of the equity interests of QC Capital Limited (“Quantum Core” or “QC Capital”). Under the agreement, the total consideration for the proposed transaction is US$60 million, payable in newly issued Class […]

Foodics Completes Full Acquisition of Norma, a Greek Data Intelligence Company, Expanding Its Dedicated AI Division

Foodics Completes Full Acquisition of Norma, a Greek Data Intelligence Company, Expanding Its Dedicated AI Division

Riyadh, Saudi Arabia – June 22, 2026 – Foodics, the leading restaurant operations and financial management platform in the MENA region, announced the completion of its full acquisition of Norma AI, a Greece-based artificial intelligence company built for the hospitality and restaurant industry. The Norma team has joined Foodics’ AI division, and Norma’s Analytics Agent and BI application […]

Madkhol Capital Partners with anb Capital and Derayah Financial to Expand expands investment opportunities for Saudi Investors

Madkhol Capital Partners with anb Capital and Derayah Financial to Expand expands investment opportunities for Saudi Investors

New partnerships broaden access to diversified investment solutions and build on the success of Madkhol Premium, which provides access to more than 5,000 global investment funds Riyadh, Saudi Arabia – Madkhol Capital, the Saudi digital investment and wealth management platform, announced the signing of strategic partnerships with anb Capital and Derayah Financial, further expanding the range […]