Funding
Saudi-based Think raises over $8mln in pre-seed round
Saudi-based Think today announced it has raised over $8 million in pre-seed funding, marking the largest AI infrastructure and deeptech pre-seed round in MENA to date.
Oxylabs secures $130 million at $3.6 billion valuation
Oxylabs has secured a $130 million investment from leading private equity firm Warburg Pincus, valuing the company at $3.6 billion and marking one of the highest valuations in Lithuania’s tech history...
AXON secures $1mln at start of fundraising round
AXON successfully concluded its exclusive Investor Summit in Riyadh, Saudi Arabia, bringing together a distinguished group of investors, decision-makers, and leaders from the fintech and investment se...
IMAN Holdings plans to raise $100M for GCC expansion
IMAN Holdings has announced plans to raise $100mn to accelerate the development and expansion of its AI-powered Islamic banking platform, with a focus on entering GCC markets.
$1.5B Series F funding propels Baseten to $13B valuation
Baseten has announced the closing of its $1.5 billion Series F funding round, valuing the company at $13 billion. The round was led by Altimeter Capital, Conviction Partners, and Spark Capital, with S...
Zuvees raises $3.3 million in Series A
Zuvees, the Dubai-based premium gifting platform redefining how people celebrate relationships across borders, has announced that it has raised USD 1.6 million from IvyCap Ventures as part of its ongo...
CNTXT AI closes $60 million Series A funding round
CNTXT AI, a UAE-based data and AI company that enables companies and institutions to develop AI solutions while maintaining full sovereignty over their data, announced the successful closing of a $60 ...
Sovra raises $2 million+ in pre-seed funding round
Sovra, the fintech platform that provides people with a global dollar account, has raised more than $2 million in pre-seed funding. The round was led by Pharsalus Capital, with participation from lead...
Emirati startup, 01Gov secures AED 1.5M MBRIF backing
The Mohammed Bin Rashid Innovation Fund (MBRIF) has announced a credit guarantee of AED 1.5 million for 01Gov, an Emirati GovTech startup. The guarantee will accelerate the growth of 01Gov’s pro...