News
Verkada raises $200 million in Series E funding round
Verkada has announced a $200 million Series E funding round. The round was led by General Catalyst, with significant investment from Eclipse and additional participation from new and existing investor...
FHS Saudi Arabia’s Startup Den invites hospitality entrepreneurs
The Future Hospitality Summit Saudi Arabia’s Startup Den is back for 2025, offering unique opportunities for hospitality entrepreneurs to secure exposure, mentorship, potential funding and prizes such...
Mobile app revenue crosses $1.7 billion this Ramadan
As brands across the region continue to compete for consumer attention during the Holy Month, new data from AppsFlyer, the global leader in marketing measurement, attribution, and data analytics, reve...
Gartner says GenAI spending to reach $644 billion in 2025
According to a forecast by Gartner, Inc., worldwide generative AI (GenAI) spending is expected to total $644 billion in 2025, an increase of 76.4% from 2024.
Zenity joins Microsoft for Startups Pegasus Program
Zenity, a leader in securing AI Agents everywhere, announced its acceptance into the Pegasus Program, an invite-only program within Microsoft for Startups that aims to help B2B startups with opportuni...
InfiniLink secures $10M from MediaTek, Sukna Ventures, and Egypt Ventures
InfiniLink, an innovative semiconductor startup specializing in advanced optical data connectivity chips for AI-driven data centers, announced the successful closure of a $10M funding round. This seed...
Lumi AI secures $3.7 million in seed funding round
Lumi AI, a self-service data analytics and insights platform redefining how brands and retailers uncover value in their enterprise resource planning (ERP) data, announced the closure of its $3.7 milli...
NEC X selects 6 startups for Batch 13 Elev X! Ignite
NEC X, the Silicon Valley venture studio backed by NEC’s advanced technologies and global businesses, announced the six visionary startups selected for Batch 13 of its Elev X! Ignite program
Orion Security raises $6 million in Seed funding round
Orion Security announced a $6 million Seed funding round led by Pico Partners and FXP with participation from Underscore VC and cybersecurity leaders including the founders of Perimeter 81 and the CIS...