Startups
Spare raises $5M to scale open banking infrastructure
Spare, a fast-growing open banking infrastructure provider based in Riyadh, has raised USD 5 million in a pre-Series A funding round led by anb Seed Fund, the venture capital fund of ANB Capital —a su...
Luxury For You unveils members-only luxury platform
Luxury For You, a Dubai-born, members-only luxury platform, has officially launched in the UAE. Offering access to over 1200 designer brands and worldwide shipping to 130 countries, the platform provi...
Intella secure $12.5 million in A round led by Prosus
Intella, the market leader in dialectal Arabic speech intelligence, today announced it has closed $12.5 million in an oversubscribed Series A round led by Prosus, with participation from 500 Global, W...
IPT Africa selected for Visa Accelerator Program – Africa
IPT Africa, a purpose-driven leader in the B2B global cross-border payments sector, announces its selection into the prestigious Visa Accelerator Program – Africa 2025, becoming the first Maurit...
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.
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...
Redefining clinical workflows with voice and Gen AI
Dr Zaid Al-Fagih, Co-Founder and CEO of Rhazes AI, founded the company after witnessing NHS clinicians struggle under pressure. Rhazes AI uses voice and generative AI to streamline care and reduce err...
Hub71 FemTech startup Ovasave raises $1.2 million
Ovasave, a Hub71 FemTech startup focused on fertility and hormonal health, has successfully completed its pre-seed round, raising $1.2 million from a mix of regional and international investors. The r...