News

Nothing raises $200 million at $1.3 billion valuation

Nothing announced the new Series C funding round of $200 million, taking the company’s valuation to $1.3 billion. According to Nothing, this milestone marks the start of our next phase: From bei...

Amaani raises $3M to launch Arab beauty brand AÏZA

Amaani, a new-age consumer company reimagining beauty and wellness from the Middle East, has raised $3M in seed funding for its debut Arab beauty brand, AÏZA. The round was led by Peak XV’s Surge (for...

Agentic AI customer service startUp Clarity raises $12M

Clarity, an AI-powered customer-experience and voice-of-customer (VoC) platform for highly regulated industries, has raised $12 million in new funding. The round is led by Prosus Ventures with partici...

Tamara secures new asset-backed facility of up to $2.4B

Tamara, the first homegrown Saudi fintech unicorn, has secured the largest asset-backed facility of its kind in the region of up to $2.4 billion from major financial institutions, including Goldman Sa...

Rainforest raises $29 million to fuel expansion

Rainforest, an embedded payment provider purpose-built for software platforms, announced it has raised an oversubscribed $29 million Series B funding round led by Matrix Partners and Infinity Ventures...

HALA raises $157 million in Series B funding round

HALA, Saudi Arabia’s leading fintech and provider of embedded financial services to micro, small and medium enterprises, has raised $157 million in a Series B investment round led by The Rise Fu...

Trusity and ENOC to empower Emirati Youth

Trusity, a leading skill-tech platform and Dubai SME certified incubator, has joined forces with Emirates National Oil Company (ENOC) to empower Emirati students with the skills, knowledge, and mentor...

Africa’s Business Heroes announces Top 10 Finalists

Africa’s Business Heroes (ABH) Prize Competition has announced the Top 10 Finalists of 2025, following the highly contested Semi-Finals held in Dakar, Senegal, on September 10–11, 2025.

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...

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