My Startup World Staff

30% of Multinationals will be severely impacted by unmanaged digital sovereign risks

Leading research firm, Gartner issued an alert that thirty percent of multinational organizations will experience revenue loss, brand damage or legal action due to unmanaged digital sovereign risk by 2025.

Tenable to acquire cybersecurity startup Ermetic for $265 million

Tenable has announced that it has signed a definitive agreement to acquire Ermetic, a fully integrated cloud-native application protection platform (CNAPP) company, and a provider of cloud infrastructure entitlement management (CIEM) for approximately $240 million in cash and $25 million in restricted stock and RSUs.

NEC X launches “FutureFusion Forum” with MIT Industrial Liaison Program

NEC X Inc., the venture studio that supports entrepreneurs with NEC’s world-class technology, announced its FutureFusion Forum, supported by the Massachusetts Institute of Technology (MIT) Industrial Liaison Program (ILP); it will bring together high-tech and AI industry leaders

Check Point acquires an early-stage start-up, Atmosec

Check Point Software Technologies has announced the acquisition of Atmosec. An early-stage start-up, Atmosec specializes in the rapid discovery and disconnection of malicious SaaS applications, preventing risky 3rd party SaaS communications, and rectifying SaaS misconfigurations.

Saudi startup, Barakah raises $1.5 million in Seed round

Saudi Arabia-based Barakah, an innovative online marketplace transforming the way food retailers manage their surplus products, announces the successful completion of its seed funding round, securing a $1.5 million investment.

Beltone Venture Capital acquires 20% stake in ariika

Beltone Venture Capital announced that it has acquired 20% stake in ariika for a total consideration of approximately EGP31 million. ariika is a leading direct-to-consumer, digital-led home and decor brand.

Importance of professional support for Alternative Investments

Region’s leading wealth management company, The Family Office emphasized on the importance of professional investment management to ensure robust due diligence and provide exclusive access to alternative investments.

Abu Dhabi Businesswomen Council partners with Jadwa Investment

The Abu Dhabi Businesswomen Council (ADBWC) has partnered with Jadwa Investment to support and empower female entrepreneurs and SMEs founders, promote the growth of their projects, and enhance their presence in the economic and investment landscape.

Emirates Development Bank unveils Solar Energy Finance Program for mSMEs

Emirates Development Bank (EDB) has unveiled a new first-of-its-kind Solar Energy Finance Program aimed at supporting micro, small, and medium enterprises (mSMEs) across diverse sectors within the UAE. The program will allocate AED100 million

Abu Dhabi-based GAM3S.GG raises $2M in seed round

GAM3S.GG, formerly Polkastarter Gaming, has closed a $2 million seed funding round, led by Mechanism Capital with the participation of other major venture and angel investors.  

DIFC amends data protection regulations for better data protection

Dubai International Financial Centre (DIFC) has enacted amendments to the Data Protection Regulations. The amendments enhance the current data protection framework, keeping the Centre at the forefront of data protection in the region.

Dubai-based startup Haltia.AI looking for Series A funding

Dubai-based startup Haltia.AI emerges from three months of meticulous planning and stealth operations to make its grand entry onto the global VC stage. For the first time in history, nine cypherpunks, revered as the philosophical backbone of a more secure, private digital world, are uniting to push the boundaries of what’s possible in AI and privacy.

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