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viAct leverages AI technology to revolutionize construction industry

Gary Ng, Chief Executive Officer & Founder of viAct, talks about how they managed to convert challenges into opportunities with the power of AI to offer solutions that can revolutionize workplace safety and productivity for the construction industry

Greenly raises $52 million in Series B funding round

Leading carbon accounting startup Greenly has announced a $52 million Series B funding round led by Fidelity International Strategic Ventures, two years after a successful $23 million Series A. This latest fundraising effort establishes Greenly as a global leader in a market poised for massive adoption,

Outer Edge Web3 Innovation Summit debuts in Saudi Arabia

Outer Edge, one of the pioneer events in the world of Web3, tech, culture, and entertainment, today announced a partnership with Animoca Brands and King Abdulaziz City for Science and Technology (KACST) to debut Outer Edge Riyadh on 23 April.

Egyptian startup Pharmacy Marts raises bridge round led by Acasia Ventures

Early-stage venture capital firm Acasia Ventures announced the investment in a Cairo-based digital marketplace, Pharmacy Marts.

56% of business professionals work on-the-go while commuting

Blacklane Middle East, the region’s leading chauffeur service provider, unveiled the key findings of a study on business travel among UAE professionals. The study compiled insights from professionals aged eighteen and above who commute for work,

Blockchain Life 2024 to be bigger and better

The upcoming Blockchain Life 2024 Forum, taking place April 15 to 16, 2024, has announced it has increased its location size by one-third to accommodate attendees of the highly anticipated event.

Bahraini fintech Receiptable secures pre-seed round from HP Spring Studios

Receiptable, a fintech firm that innovatively bridges the data gap between banks and retailers through digital receipts, has announced its first institutional investor as part of a wider pre-seed funding round.

GoDaddy celebrates the entrepreneurial spirit of mothers

As Mother’s Day approaches, GoDaddy is shining a spotlight on the remarkable resilience and achievements of women and mother entrepreneurs – mompreneurs, in the UAE. Through its commitment to providing essential tools and support,

Seeru completed its pre-seed funding round led by Nabtah Ventures

Seeru.ae, a traveltech startup, has successfully completed its pre-seed funding round, led by Nabtah Ventures, a US-based Venture Studio. While the exact amount remains undisclosed, this strategic investment signifies confidence in Seeru’s innovative approach to simplifying

P1 Ventures successfully closes $35 million for its second fund

P1 Ventures successfully completed the second close of $35 million for Fund II. The fund welcomes the World Bank’s International Finance Corporation (IFC) as its first public institutional investor. It’s also expanded its in-house data science team to further leverage AI in its deal flow and talent sourcing.

Electric vessel maker Candela closes funding round of €24.5M

Candela, the leading maker of sustainable, electric hydrofoil vessels, today announced it has closed the largest funding round of €24.5 million led by Groupe Beneteau to expand production of its game-changing P-12 ferry.

MANTRA completes $11M funding round led by Shorooq Partners

MANTRA ($OM), the Layer 1 blockchain for Real World Assets (RWA), has announced the completion of $11M funding round led by Shorooq Partners. Additionally, a diverse range of strategic investors such as Three Point Capital, Forte Securities, Virtuzone, Hex Trust, GameFi Ventures, Caladan, Token Bay Capital, BlackPine, Mapleblock, Fuse Capital and others, joined the funding.

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