News

Abu Dhabi-based AIREV attracts funding from Terra Invest

AIREV, the Abu Dhabi-headquartered agentic AI company behind the OnDemand platform, has announced that Terra Invest, a Singapore-based investment firm, is participating in a strategic funding round. T...

Rise of Fearless secures $1M funding from Epic Edges

Rise of Fearless, the African-owned battle royale mobile game inspired by African history and culture, has secured US$1 million in funding from advisory firm Epic Edges Capital.

JODDB, Orange Jordan join forces to empower startups

The Jordan Design and Development Bureau (JODDB) and Orange Jordan signed a strategic cooperation agreement on the sidelines of the Special Operations Forces Exhibition and Conference (SOFEX 2026), ai...

Applications for ‘NextGen Founders’ now open

The Sharjah Entrepreneurship Center (Sheraa) is bringing its venture-building expertise to Nestlé UAE’s ‘NextGen Founders’ program, with applications now open for the 10-week initiative.

BY Venture Partners raises $60 million to back AI startups

BY Venture Partners, a global early-stage venture capital firm headquartered in Dubai, today announced the successful $60 million close of its third vehicle, Fund III. The fund is anchored by the Duba...

AI spending surges across UAE businesses in Q3 2026

Pemo has released the findings of its inaugural Pemo SME Spend Index, revealing that UAE businesses spent five times more on AI in Q3 2026 compared with the same quarter last year. The new quarterly i...

EGA supports Abu Dhabi SME Champions Programme

Emirates Global Aluminium (EGA) today announced its participation in the Abu Dhabi SME Champions Programme, an initiative of the Khalifa Fund for Enterprise Development. The programme aims to expand p...

Hub71 selects 40 startups for Cohort 19

Hub71 has selected 40 startups for Cohort 19, its largest intake to date, following a record 2,502 applications from 117 countries. The selected startups collectively raised USD 296 million (AED 1.09 ...

Upwind closes $400M Series C at $3.8B valuation

Upwind Security announced the close of its $400 million Series C funding round at a $3.8 billion valuation. The round was led by Bessemer Venture Partners, with participation from Canapi Ventures and ...

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