Funding
Governata Secures $4 Million in Seed Funding
Governata, Saudi Arabia’s first enterprise Data Management and Governance platform, has raised $4 million in Seed Funding from leading venture capital firms and prominent angel investors. This m...
Lucid Capital raises $2.5M led by Tharawat Holding
Lucid Capital, a UAE-based fintech company specialising in AI-driven algorithmic trading, has closed a $2.5 million Seed funding round to strengthen its trading infrastructure and advance its artifici...
Former Yahoo CEO’s new venture Dazzle AI raises $8M
Dazzle AI, a new company founded by entrepreneur, executive, and former Yahoo CEO Marissa Mayer, announced it has raised $8 million in seed funding at a $35 million post-money valuation. The round was...
Gambit Cyber raises $3.4M seed round led by Expeditions
Gambit Cyber, an emerging leader in AI-native preemptive cybersecurity, announced the successful close of its US$3.4 million seed funding round, led by Expeditions, the leading early-stage investor in...
Hub71 startup Planys raises $12 million
Planys Technologies, a Hub71 startup and deep-tech leader in underwater robotics and advanced inspection solutions, has raised approximately USD 12 million in primary funding to drive its next phase o...
Qwacks raises SAR 1.8 million from Merak Capital
Qwacks, a Saudi gaming technology startup building next-generation tools for game developers, has raised SAR 1.8 million in pre-seed funding from Merak Capital, a Saudi-based investment firm licensed ...
Saudi cybersecurity startup COGNNA Raises $9.2M
COGNNA, the Saudi-based pioneer in AI-led Security Operations, announced at Black Hat MEA 2025 the successful closing of its Series A funding round, raising $9.2 million. The round was led by Impact46...
Black Forest Labs valued at $3.25B after $300M Series B
Black Forest Labs has announced the closing of its $300 million Series B funding round, valuing the company at $3.25 billion post-money. Founded just last year, the Freiburg and San Francisco–based st...
UAE’s Mastiska raises $10M to develop Sovereign AI Chips
Mastiska, a UAE-based fabless semiconductor startup, has raised $10 million in seed funding to advance sovereign AI chip development. The round, backed primarily by Gulf sovereign wealth funds, marks ...