News
Dubai Future District Fund invests in 30 new ventures
Dubai Future District Fund (DFDF) today announced eight new investment commitments during 2025, expanding its portfolio to 30 investments comprising 11 venture capital funds and 19 high-growth startup...
UAE winners revealed for Tally MSME Honours 2026
Tally Solutions announced the winners of the UAE edition of Tally MSME Honours 2026, recognising 25 outstanding MSMEs from across the Emirates. The sixth edition of the flagship initiative celebrates ...
Sav and Visa partner to elevate digital payment experiences
Sav and Visa have signed an exclusive five-year, multimillion-dollar strategic partnership that will see Visa become Sav’s exclusive card network across the UAE and Saudi Arabia. The collaborati...
Swift certified Mambu offers cross‑border payments
Mambu, the cloud banking platform powering the next generation of financial institutions, announced it has become a certified Enabler of Swift’s Business Connect and Value-Added Services. The certific...
Thira raises $21 Million seed round led by Madrona
Thira, creator of secure, self-learning AI system of execution built for the enterprise announced a $21 million seed financing led by Madrona, with participation from FUSE and a group of prominent glo...
Databricks’ strategic funding pushes valuation to $188B
Databricks today announced strategic funding at a $188 billion valuation. The company has signed a term sheet for this round, which it expects to close later this summer, led by existing investor Coat...
Beacon Security raises $13 million in seed funding round
Beacon Security, the platform for agentic cybersecurity work, today announced the successful closing of a $13 million seed funding round led by Notable Capital with participation from Holly Ventures, ...
GIM raises $20 million in series A
Grace Investment Machine (GIM) announced the close of its US$20 million Series A financing. The round was co-led by a leading US venture capital firm and Hony Capital, with participation from IDG Capi...
Saudi-based Think raises over $8mln in pre-seed round
Saudi-based Think today announced it has raised over $8 million in pre-seed funding, marking the largest AI infrastructure and deeptech pre-seed round in MENA to date.