Funding

Rihal raises new round funding led by ITHCA Group

Rihal, a regional leader in technology and data services, today announced the successful first close of its Series A funding round, with a total raise target of $15 million. The round was led by ITHCA...

Pollen Street lends $100 million credit facility to CredibleX

Pollen Street Capital announces a new $100 million senior secured credit facility to CredibleX. This UAE-based SME lender specialises in providing small and medium-sized enterprises (SMEs) with fast a...

TERN Group raises $24 million led by Notion Capital

TERN Group, an AI-powered global talent mobility platform for healthcare professionals, founded by Dubai-based Avinav Nigam has raised $24 million in a Series A funding round led by UK-based Notion Ca...

Astrus raises $8 million funding led by Khosla Ventures

Astrus, the AI startup building the world’s first physics-aware foundation model for chip design, today announced it has raised $8 million in a funding round led by Khosla Ventures with participation ...

CE-Invests joins $50 million funding round for Flipspaces

CE-Invests, the strategic investments platform of Crescent Enterprises, today announced its participation in the $50 million Series C funding round for Flipspaces, a leading tech-first interior design...

AI fintech startup Metric closes the latest funding round

Metric, an Abu Dhabi-based AI fintech startup, has successfully closed the latest funding round led by A-typical Ventures, with participation from 500 Global, Hub71, i2i Ventures, Plus VC, Epic Angels...

Anthropic raises $13B Series F at $183B valuation

Anthropic has completed a Series F fundraising of $13 billion led by ICONIQ. This financing values Anthropic at $183 billion post-money. Along with ICONIQ, the round was co-led by Fidelity Management ...

Justyol raises $1M to boost cross-border e-commerce

Justyol, a pioneering cross-border e-commerce platform revolutionising digital commerce in North Africa, has successfully closed a $1 million strategic funding and financing package.

Sheba Joy secures $293,000 funding from Merak Capital

Sheba Joy, a mobile gaming studio now headquartered in Riyadh, has raised $293,000 in a pre-seed funding round led by Saudi venture capital firm Merak Capital.

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