News
Kamco Invest acquires a stake in Foodics
Kamco Invest announced that its private equity team has acquired a stake in Foodics, on behalf of its clients. Foodics is considered the leading cloud-based technology and payments platform for restau...
Angel investors fund Libyan e-commerce startup Mataa
Libya-based e-commerce startup Mataa has announced the successful closing of its first Seed investment round, backed by a group of Libyan business angels. This milestone marks a pivotal moment in the ...
Saudi Arabia launches Taqatech accelerator to support startups in the energy sector
In a strategic move to bolster innovation and entrepreneurship within the energy sector, Saudi Arabia’s Ministry of Energy has unveiled the “Taqatech Accelerator” program in collaboration with “The Ga...
Anaconda raises over $150M in Series C funding round
Anaconda, Inc., the company committed to advancing AI with open source at scale, has raised over $150M in a Series C funding round led by Insight Partners, with participation from Mubadala Capital. Th...
Seven new startups join the latest Hatch Blue accelerator
The Crest Accelerator brings seven new startups to Hawai’i for the program’s final innovation-focused kickoff of 2025. Hawai’i’s Ocean Science and Technology (HOST) will play literal host to the compa...
Olivery secures seed funding from Ibtikar Fund, Flat6Labs
Olivery, a fast-growing B2B SaaS startup, has secured joint seed funding from Ibtikar Fund and Flat6Labs Mashreq Seed Fund to accelerate its expansion across the MENA region.
Elgato unveils Facecam 4K for video streaming
Elgato announced Facecam 4K, the latest addition to its webcam lineup. Featuring a robust sensor and advanced image processor, Facecam 4K captures Ultra HD video at 60 frames per second, twice the fra...
Calo raises $39 million in Series B extension round
Calo, the Middle East’s largest foodtech startup revolutionizing personalized meal subscriptions, has raised $39 million (SAR 146.27 million) in a Series B extension round led by AlJazira Capital. The...
Tabadulat to launch Shariah-compliant trading platform
Tabadulat, a UAE-based Shariah-compliant investing platform, has received In-Principle Approval from ADGM’s Financial Services Regulatory Authority (FSRA) to launch a 100% Shariah-compliant global tra...