Startups
Qwacks raises SAR 1.8 million from Merak Capital
Qwacks, a Saudi gaming technology startup building next-generation tools for game developers, has raised SAR 1.8 million in pre-seed funding from Merak Capital, a Saudi-based investment firm licensed ...
Black Swan wins the MEST Africa Challenge 2025
Black Swan, a Mauritius-based FinTech startup, has been named the winner of the MEST Africa Challenge (MAC) 2025, following a high-energy Grand Finale at Innovation City, Cape Town on November 26, 202...
Saudi cybersecurity startup COGNNA Raises $9.2M
COGNNA, the Saudi-based pioneer in AI-led Security Operations, announced at Black Hat MEA 2025 the successful closing of its Series A funding round, raising $9.2 million. The round was led by Impact46...
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 ...
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...
UAE-born app ‘Ujitsu’ launches to take Jiu-Jitsu global
The rapidly growing sport of Jiu-Jitsu has just received a massive boost with the launch of Ujitsu, a pioneering digital platform built to unite the world of Jiu-Jitsu through technology, shared purpo...
Cybersecurity startup Daylight secures $33 million
Cybersecurity startup Daylight has announced a $33 million Series A funding round, bringing its total raised to $40 million. Led by Craft Ventures, with participation from Bain Capital Ventures, Maple...
Presight and UAE Cyber Security Council to empower Next-Generation AI Startups
Presight has signed a Memorandum of Understanding (MoU) with the UAE Cyber Security Council (CSC). As a part of this collaboration, the CyberE71 program, operated by the Council, will officially join ...