Seed funding
Lucid Capital raises $2.5M led by Tharawat Holding
Lucid Capital, a UAE-based fintech company specialising in AI-driven algorithmic trading, has closed a $2.5 million Seed funding round to strengthen its trading infrastructure and advance its artifici...
Former Yahoo CEO’s new venture Dazzle AI raises $8M
Dazzle AI, a new company founded by entrepreneur, executive, and former Yahoo CEO Marissa Mayer, announced it has raised $8 million in seed funding at a $35 million post-money valuation. The round was...
Gambit Cyber raises $3.4M seed round led by Expeditions
Gambit Cyber, an emerging leader in AI-native preemptive cybersecurity, announced the successful close of its US$3.4 million seed funding round, led by Expeditions, the leading early-stage investor in...
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 ...
Kingpin raises $3.5 million in seed funding
Kingpin, a UAE-based AI-native SaaS company redefining how brands, distributors, and wholesalers find, approach and transact with retailers, has raised $3.5 million in seed funding to accelerate its g...
Zameera seeks $500,000 pre seed round funding
Zameera, the marketplace for luxury activities, events, and experiences, is opening a pre-seed round of 500,000 USD to accelerate product launch, deepen premium supply, and grow qualified demand among...
UAE-based Luxury luggage brand Armoir raises $500K
Armoir, the luxury luggage company inspired by the heritage of French wardrobe trunks, today announced the close of a $500K seed funding round led by Salica Oryx Fund, with participation from Plus VC ...
Oncount raises $1.5M to simplify SMB accounting
Oncount, a Dubai-based accounting technology startup, has secured $1.5M in seed funding to accelerate the development and launch of Oncount’s proprietary AI-driven accounting platform, designed ...
Amaani raises $3M to launch Arab beauty brand AÏZA
Amaani, a new-age consumer company reimagining beauty and wellness from the Middle East, has raised $3M in seed funding for its debut Arab beauty brand, AÏZA. The round was led by Peak XV’s Surge (for...