News
e& and MEVCA to strengthen VC ecosystem across region
UAE’s e& and the Middle East Venture Capital Association (MEVCA) today announced a three-year strategic partnership to strengthen the venture capital and innovation ecosystem across the Midd...
Foodics records 54% growth in the region
Foodics continues to cement its position as the go-tech partner for restaurants across the region and plays a key role in supporting their growth and success. Through its innovative technology solutio...
Qureos secures $5 million in seed round
Qureos, an AI driven hiring platform founded in the Middle East, has closed a US$5 million Seed round led by Prosus Ventures and Salica Oryx Fund, with participation from Oraseya Capital, Plus VC, F6 ...
SEF 2026 achieves highest participation till date
The ninth edition of the Sharjah Entrepreneurship Festival (SEF) concluded on a high note after witnessing a record 15,000 attendees, including 5,000 founders, who gained first-hand insights and inspi...
Qatar’s Hydrovest Technology secures QAR 1 million
Hydrovest Technology, a Doha-based company that develops climate-smart agricultural solutions, crops, and value-added products, today announced the successful close of an investment round totaling QAR...
IFZA partners with Aleria
International Free Zone Authority AG (IFZA) has entered into a strategic collaboration with Aleria, the pioneering force in sovereign AI and big data and an IHC Group affiliate, to advance the develop...
UAE unveils fully sovereign, next-gen reasoning system
G42, Cerebras Systems and the Institute of Foundation Models at Mohamed bin Zayed University of Artificial Intelligence (MBZUAI), today announced the release of K2 Think V2. This latest 70-billion par...
Vennre raises $9.6M to redefine private market access
Vennre, a wealth creation platform enabling HENRYs (High Earners, Not Rich Yet) to access private market opportunities, today announced the successful close of its Pre-Series A funding round, raising ...
Lucend raises $3.3M to maximize data center efficiency
Dutch startup, Lucend, formerly known as Coolgradient, announced that it has successfully raised $3.3 million in seed funding led by Remarkable Ventures Climate (RVC) and joined by Mitsubishi Electric...