News

AI is now the default for Saudi consumers, says Deloitte

Saudi Arabia has reached a defining moment in its digital evolution, according to Deloitte’s Digital Consumer Trends 2026 Report—KSA Edition, with generative AI rapidly shifting from a curiosity to an...

Pattern unveils Pi, its new AI engine for brand growth

Pattern Group today announced the launch of Pattern Intelligence (Pi) at Accelerate, Pattern’s annual gathering of the world’s top ecommerce executives and brand leaders. Pi is PatternR...

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...

NanoClaw creator raises $12M instead of selling for $20M

NanoCo, the startup behind the fast‑rising secure AI agent framework NanoClaw, has raised an oversubscribed $12 million seed round, choosing independence over a lucrative acquisition offer reportedly ...

WD launches Post-Quantum Cryptography Hard Drives

Western Digital announced a significant step toward next-generation infrastructure security by integrating post-quantum cryptography (PQC) into its newest high-capacity Ultrastar UltraSMR hard disk dr...

UK startup eSIM Go secures funding from TNS Global

UK mobile startup, eSIM Go, today announced it has secured a strategic investment led by TNS Global, a leading Eurasian digital infrastructure and wholesale telecommunications provider. Since launchin...

Gradiant announces Series E at $2 billion valuation

Gradiant announced the close of Series E financing, valuing the company at $2 billion. The financing was led by Safar Partners and Hostplus Superannuation Fund, with participation from ClearVision Ven...

Madinah Hubs makes first strategic investment in SBTL

Madinah Hubs, the innovation and entrepreneurship ecosystem in Al Madinah Al Munawwarah, has announced the completion of its first strategic investment and partial acquisition through its investment a...

IPV delivers 16 exits in FY2026, achieves 41% blended IRR

Inflection Point Ventures (IPV), one of India’s most active angel investment platforms, delivered 16 exits in FY2026, achieving a blended IRR of 41% and a MoM multiple of 2.86x. In a market where liqu...

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