Funding
Qatar’s Rasmal Ventures and Deniz Ventures invest $7.6 million in TeamSec
Qatar’s Rasmal Ventures, one of Doha’s leading venture capital firms, and Deniz Ventures, the venture capital fund of DenizBank, established under the Emirates NBD Innovation Fund—the Corp...
Simplex secure $13 million in funding to build CNC factory in Saudi Arabia
Simplex, a rising startup in CNC machine manufacturing, secures $13 million as part of Saudi efforts to support and localize advanced industries within the Kingdom. Simplex will use the funds to open ...
Biosapien extends Pre-Series A round to $7 million
BioSapien, the pioneering biotech company behind MediChip, a revolutionary localized cancer treatment platform, has successfully extended its pre-Series A funding round to $7 million. This milestone i...
New funding fuel Silkhaus’s expansion into Saudi Arabia
Silkhaus, a leading proptech startup revolutionizing the short-term rental market in the Middle East and Asia, has announced the closing of a seven-figure Growth Round led by Nuwa Capital and Oraseya ...
Adsorbi raises €1M to build pilot plant for cellulose-based air purification
Swedish startup Adsorbi, a research-based spinout from Chalmers University of Technology, has raised €1M in funding from Metsä Spring, Chalmers Ventures, Jovitech Invest, and a grant from Sweden’...
Fincart closes pre-seed funding round led by Plus VC
Fincart.io, a platform that helps e-commerce SMBs improve shipping and unlock working capital, has announced today that the company has successfully closed its pre-seed funding round for an undisclose...
Pluto raises $4.1 m in pre-Series A to drive KSA expansion
Pluto, UAE’s leading corporate card and expense management platform, has announced the successful raise of US$4.1 million in a pre-Series A funding round. The news comes weeks after co-founder M...
Synthesia secures $180 million in Series D funding round
Synthesia, the world’s leading enterprise AI-powered video communications platform, announced the successful close of its $180 million Series D funding round led by NEA, with participation from ...
Teammates.ai to launch Next-Generation AI workforce
After a successful round of funding, Teammates.ai launched a category-defining platform that drastically transforms the way businesses operate. Previously known as Uktob.ai, the rebranded platform bui...