Funding
AXON secures $1mln at start of fundraising round
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 se...
IMAN Holdings plans to raise $100M for GCC expansion
IMAN Holdings has announced plans to raise $100mn to accelerate the development and expansion of its AI-powered Islamic banking platform, with a focus on entering GCC markets.
$1.5B Series F funding propels Baseten to $13B valuation
Baseten has announced the closing of its $1.5 billion Series F funding round, valuing the company at $13 billion. The round was led by Altimeter Capital, Conviction Partners, and Spark Capital, with S...
Zuvees raises $3.3 million in Series A
Zuvees, the Dubai-based premium gifting platform redefining how people celebrate relationships across borders, has announced that it has raised USD 1.6 million from IvyCap Ventures as part of its ongo...
CNTXT AI closes $60 million Series A funding round
CNTXT AI, a UAE-based data and AI company that enables companies and institutions to develop AI solutions while maintaining full sovereignty over their data, announced the successful closing of a $60 ...
Sovra raises $2 million+ in pre-seed funding round
Sovra, the fintech platform that provides people with a global dollar account, has raised more than $2 million in pre-seed funding. The round was led by Pharsalus Capital, with participation from lead...
Emirati startup, 01Gov secures AED 1.5M MBRIF backing
The Mohammed Bin Rashid Innovation Fund (MBRIF) has announced a credit guarantee of AED 1.5 million for 01Gov, an Emirati GovTech startup. The guarantee will accelerate the growth of 01Gov’s pro...
UK startup eSIM Go secures funding from TNS Global
UK mobile startup, eSIM Go, today announced it has secured a strategic investment led by TNS Global, a leading Eurasian digital infrastructure and wholesale telecommunications provider. Since launchin...
Gradiant announces Series E at $2 billion valuation
Gradiant announced the close of Series E financing, valuing the company at $2 billion. The financing was led by Safar Partners and Hostplus Superannuation Fund, with participation from ClearVision Ven...