Funding
Taaleem raises AED 968 million from Emirates Islamic
Taaleem Holdings, one of the largest premium K-12 education providers in the UAE, has signed two strategic financing agreements that will enable a collective value of AED 968 million, to support its g...
Figure AI secures $1 billion in Series C led by Parkway
Figure AI has successfully secured over USD 1 billion in capital commitments as part of its Series C financing round, reaching a valuation of USD 39 billion. The round was led by Parkway and included ...
Saudi Arabia’s erad secures $33mln debt financing
erad, the Riyadh-headquartered alternative financing platform for SMEs, has raised $33 million in debt financing to expand its operations in Saudi Arabia and the rest of the GCC. The round was led by ...
Upscale AI secures over $100 million in Seed round
Upscale AI, a new high‑performance AI networking company, announced the official launch of the company after being incubated by Auradine, a rapidly growing infrastructure player in the blockchain and ...
UAE-based Luxury luggage brand Armoir raises $500K
Armoir, the luxury luggage company inspired by the heritage of French wardrobe trunks, today announced the close of a $500K seed funding round led by Salica Oryx Fund, with participation from Plus VC ...
Oncount raises $1.5M to simplify SMB accounting
Oncount, a Dubai-based accounting technology startup, has secured $1.5M in seed funding to accelerate the development and launch of Oncount’s proprietary AI-driven accounting platform, designed ...
Spare raises $5M to scale open banking infrastructure
Spare, a fast-growing open banking infrastructure provider based in Riyadh, has raised USD 5 million in a pre-Series A funding round led by anb Seed Fund, the venture capital fund of ANB Capital —a su...
SEON closes $80 million Series C funding round
SEON, the command center for fraud prevention and AML compliance, announced the close of its $80 million Series C round of funding. The investment was led by Sixth Street Growth with participation fro...
Nothing raises $200 million at $1.3 billion valuation
Nothing announced the new Series C funding round of $200 million, taking the company’s valuation to $1.3 billion. According to Nothing, this milestone marks the start of our next phase: From bei...