Funding
Swvl secures $13mln funding led by Coefficient
Swvl has entered into a definitive securities purchase agreement for a $13 million private placement led by Coefficient. The investment comes on the back of accelerating performance: in the first quar...
Oro secures $3 million in strategic funding round
Oro today announced the successful closing of a $3 million strategic funding round co-led by MH Ventures and Mapleblock Capital, with participation from M2M Capital, Archer Capital, and X21 Digital, a...
Stellaria raises AED 25mln in seed funding for expansion
UAE-based AI and geospatial intelligence company Stellaria has closed an AED 25 million Seed Round, backed by a group of angel investors. The round values the company at AED 420 million and will suppo...
Raff secures $1.7 million to bridge online and offline retail
Raff, a Saudi-based technology platform simplifying distribution and inventory management by connecting consumer brands directly with retailers, today announced the closing of its $1.7 million pre-see...
Twin1 AI raises $20 million co-led by Aramco Ventures
Twin1 AI, the privacy-first platform that gives every professional an AI-powered digital twin to scale their expertise, announced its stealth launch alongside a $20 million seed funding round. The rou...
Fasset hits $1B valuation as SBI Group leads $68M Series C
Fasset, the AI-powered stablecoin neobanking platform, today announced it has raised $68 million in Series C funding at a $1 billion valuation. The financing was led by SBI Group and follows Fasset’s ...
Zaydn secures $681K in seed round
India’s homegrown sneaker brand Zaydn has raised $681K in a seed round led by Inflection Point Ventures (IPV). The round saw participation from other investors as well, such as BeyondSeed and Pr...
Saudi EdTech startup AILA raises $3mln in pre-series A
AILA, a Saudi education technology startup focused on AI-powered personalized learning, has raised US$3 million in a Pre-Series A funding round.
Velaura AI secures $110M Series A, crosses $1B valuation
Velaura AI, Inc., an AI compute infrastructure company developing ultra-low-power silicon and software technologies, announced that it has raised $110 million in Series A financing, bringing its total...