News
UAE’s Mastiska raises $10M to develop Sovereign AI Chips
Mastiska, a UAE-based fabless semiconductor startup, has raised $10 million in seed funding to advance sovereign AI chip development. The round, backed primarily by Gulf sovereign wealth funds, marks ...
MBRIF showcases next wave of innovators at Cohort 10
The Mohammed Bin Rashid Innovation Fund (MBRIF) hosted its Demo Day to spotlight the latest cohort of innovators graduating from its Innovation Accelerator Program.
Dubai Chambers and e& to deliver advanced communications for startups and SMEs
Dubai Chambers and e& UAE to enhance cooperation in delivering value-added communications services that support the growth of Dubai’s business community, advance shared objectives, and strengthen ...
Propeller launches $50M Fund to invest AI startups
Propeller, a venture capital firm focused on AI infrastructure, announced the launch of its $50 million Fund III, designed to connect MENA’s technical and entrepreneurial talent with the market opport...
Deep tech startup, SPhotonix secures $4.5 million
SPhotonix, a fast growing deep tech startup, has announced the successful completion of their over-subscribed $4.5 million pre-seed round led by Creator Fund, an innovative deep tech institutional inv...
Buildroid raises $2M to launch first block-laying robot
Buildroid AI, an AI robotics startup, secured $2 million in pre-seed funding led by Tim Draper. The company also announced the launch of its first block-laying robot, built using BIM-to-BUILD simulati...
Strataphy raises $6M to cool AI infrastructure revolution
Strataphy, a deep-tech company pioneering next-generation cooling solutions for AI and industrial infrastructure, has raised $6 million in seed funding. The round was led by Outliers VC and Shorooq Pa...
Angel Rising Investor Symposium driving ClimateTech
The 9th Annual Angel Rising Investor Symposium, organized by startAD and VentureSouq, recently concluded at Abu Dhabi Global Market (ADGM). Held in partnership with the Environment Agency – Abu Dhabi ...
Revibe raises $17 million in new funding round
Revibe, the fast-growing marketplace for refurbished electronics, has raised $17 million in a new funding round led by Partech, with participation from E& Capital, Burda Principal Investments, and...