News
Hub71 unveils new ecosystem for AI startups, Hub71+ AI
Hub71 has launched Hub71+ AI, a specialist ecosystem designed to support startups harnessing cross-sector AI innovation. Launched during Abu Dhabi Finance Week (ADFW), the new specialist ecosystem pro...
CozmoX AI unveils MEA’s first voice AI Employee platform
CozmoX AI, a Y Combinator graduate, announced the launch of the first enterprise-ready AI Employee platform in the Middle East and Africa, featuring advanced voice interaction capabilities. These AI e...
BioSapien raises $5.5mln in pre-series a funding led by Global Ventures
BioSapien, the patented drug delivery platform treating cancer ‘locally’, announces its $5.5 million (20.2M AED) pre-Series A fundraise. The funding was led by Global Ventures – MENA’s leading VC firm...
Astra Tech’s Quantix secures $500 M financing from Citi
Quantix Technology, a subsidiary of Astra Tech announced today that it has secured a substantial $500 million asset-backed securitization financing from Citi to support its CashNow consumer lending pl...
Men’s wellness startup Better raises $550,000 pre-seed
Better, the first men’s wellness startup of its kind in MENA, has announced that the company has successfully raised US$550,000 in a pre-seed round led by Salica Spring Studios’ fund, backed by Salica...
Hub71 announces Angel Investor Support Package
Hub71 has unveiled its Angel Investor Support Package, a strategic initiative designed to foster the growth of angel networks and enable angel investors to form legal investment structures within Abu ...
Arctic Instruments raises EUR 2.35 million
Arctic Instruments, a spinout of VTT Technical Research Centre of Finland, has raised EUR 2.35 million in funding for the research, development and commercialisation of its superconducting microwave a...
UAE-based automotive tech startup raises $ 750,000
BuyAnyAutoPart, a UAE-based B2B used car part aggregator disrupting the region’s multi-billion-dollar used car part market, has secured USD 750,000 in pre-seed funding.
Wafeq raises $7.5 million in Series A funding round
Wafeq, a modern and easy-to-use accounting platform, announced the completion of its $7.5 million Series A funding round (SAR 28 million). This investment brings together globally renowned accounting ...