News

SentinelOne acquires CNAPP startup PingSafe

SentinelOne announced its plan to acquire PingSafe, a cloud-native application protection platform (CNAPP) startup. The integration of both the company’s capabilities will provide customers with...

Winshot raises $615000 in seed funding

In a significant move for the Tunisian retail tech scene, Winshot, a promising startup with a focus on enhancing operational efficiency and consumer experiences, has successfully secured a six-figure ...

Tameed raises $15M in Series A funding round led by Alromaih Investments

Tameed announced that it has successfully raised SAR 56.75M ($15M) in a Series A funding round led by Alromaih Investments, which the company plans to accelerate its growth and meet the increasing dem...

Bahrain FinTech Bay reveals strategy for innovation and growth

Bahrain FinTech Bay (BFB), Bahrain’s fintech ecosystem builder, has revealed its 2024 strategy aimed at propelling Bahrain’s fintech sector to new heights. Following its acquisition by the...

Rwanda’s Ampersand raises USD 19.5 million

Ampersand, Africa’s first electric transport energy company, has raised $19.5 million in funding led by Ecosystem Integrity Fund (EIF) and is joined by Acumen and Hard Edged Hope Fund. In addition, th...

UAE farm harvests EUR 5mln from carbon credits

An innovative agricultural project in the United Arab Emirates, has marked a significant milestone by generating 5 million euros from carbon credit sales. This achievement illustrates a successful ble...

Samsung to exhibit more C-Lab startups at CES 2024

Samsung announced it will be showcasing new innovative projects developed from its C-Lab program at CES® 2024, which runs from January 9 through 12. During the showcase, Samsung will highlight 15 star...

Impact Summit positions Abu Dhabi in the forefront of innovation and entrepreneurship

The Abu Dhabi Investment Office (ADIO) and Hub71 have partnered to launch the groundbreaking Impact Summit in Abu Dhabi, positioning the Emirate at the forefront of the global tech innovation and entr...

Riyadh Valley Company invests in IMPACT46 Fund III

Riyadh Valley Company, the investment arm of King Saud University, announces its investment in IMPACT46 Fund III. The Fund invests in technology startups that provide new and innovative solutions capa...

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