Born from a unique collaboration between principal investors and technology pioneers, this fund is poised to deploy significant capital into AI ventures worldwide. Abu Dhabi, UAE – Presight, a leading global AI and big data analytics company, and Shorooq, a leading Abu Dhabi-headquartered investment firm regulated by the FSRA as Fund Manager, today announced the launch […]
The campaign brings together over 50 incubators and accelerators alongside a wide network of strategic partners from the public and private sectors. DUBAI – His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President, Prime Minister, and Ruler of Dubai, has launched “The Emirates: The Startup Capital of the World” campaign, a strategic initiative aimed […]
Dubai-based accounting technology startup Oncount has secured USD 1.5 million in a seed funding round, led by tech entrepreneur Sergey Panov, to roll out its AI-driven accounting platform for small and medium-sized businesses (SMBs) in the UAE and beyond. The fresh capital will fuel the development and launch of the platform, support go-to-market efforts, and […]
Armoir, the luxury luggage company inspired by the heritage of French wardrobe trunks, today announced the close of a $500K seed funding round led by Salica Oryx Fund, with participation from Plus VC and leading global angel investors. The round, which closed during summer 2025, builds on early support from the Chalhoub Group via the […]
Partnership sets new benchmark for corporate financial solutions in Saudi Arabia & beyond. Continuing its commitment to providing top-tier services to the corporate sector and offering advanced digital financial solutions to enhance operational efficiency, Alinma Bank has announced a strategic investment and partnership with Qashio, the MENA region’s leading spend management and corporate card platform. […]
Dubai, UAE – Amaani, a new-age consumer company reimagining beauty and wellness from the Middle East, has raised $3M in seed funding for its debut Arab beauty brand AÏZA. The round was led by Peak XV’s Surge (formerly Sequoia Capital India & SEA), marking their first consumer and seed investment in the MENA region. Founded by Shubham […]
London — Clarity, an AI-powered customer-experience and voice-of-customer (VoC) platform for highly regulated industries, has raised $12 million in new funding. The round is led by Prosus Ventures with participation from STV Al Fund (backed by Google), Sukna Ventures, Wamda Capital, Neo, Oraseya Capital, Phaze Ventures, Propeller, Tech Invest Com, and angels from OpenAI and Google. […]
Fintologya, the Bahrain-based fintech infrastructure company, has secured USD 1 million in a seed funding round led by a Gulf holding company. This milestone enables the company to accelerate its mission of building secure, modular, cloud-native payment platforms that empower banks, fintechs, and financial institutions across the GCC and beyond. Founded in 2024 by Mohsen […]
Muscat, Oman: Rihal, a leader in the region’s technology and data services sector, today announced the successful first close of its Series A funding round, targeting a total raise of $15 million. ITHCA Group led this initial close with an investment of $7.5 million, reaffirming their confidence in Rihal’s strategic direction and exceptional growth trajectory. […]
Doha, Qatar – [11 September 2025] – Rasmal Ventures, a Qatar-based leading venture capital fund with backing from the Qatar Investment Authority (QIA), proudly announced its investment in NEXX, a dual-headquartered Hong Kong and Qatar-based AI-driven logistics technology company, during the 10th Belt & Road Summit held in Hong Kong from the 10 – 11 September. The […]