Impact46 backs local gaming talent as Saudi Arabia accelerates its gametech ambitions Saudi-based game studio Hypemasters has raised US$1 million in funding led by Impact46, as the Kingdom continues to […]
Category: dailynews
MASAHA App Raises $1.5 Million to Digitise Traditional Tailoring with AI
Kuwait-based startup modernises bespoke fashion using technology and data MASAHA, an AI-powered tailoring platform, has secured US$1.5 million in seed funding, aiming to transform how traditional […]
Builtop Raises $11 Million to Modernise Saudi Construction Procurement
Saudi proptech targets inefficiencies in one of the Kingdom’s largest industries Saudi construction-focused startup Builtop has raised US$11 million in a combined funding round to digitise procurement and trade […]
Qadi raises pre-seed funding to build an AI compliance platform for Middle East regulations
Qadi — a UAE-based RegTech startup — has emerged from stealth after closing a pre-seed funding round led by Incubayt, aiming to build the Middle […]
Zelo gets $715 M boost from parent IHC to scale SME financing platform
Abu Dhabi fintech Zelo — formerly eFunder — has secured a $715 million capital injection from its parent firm International Holding Company (IHC), marking one of […]
Black Iris Angel Network launched in Saudi Arabia to bridge early-stage funding gap
Black Iris Angel Network has officially launched in Saudi Arabia, established through a strategic partnership between Q Fund (the investment arm of Quwam Holding) and […]
Brookfield + Qatar Investment Authority announce $20 billion AI infrastructure venture
Brookfield Asset Management and Qatar Investment Authority have announced a $20 billion joint venture focused on AI infrastructure, marking a major milestone for the region’s technology […]
Saudi Gametech Startup Qwacks Raises $480K Pre-Seed to Build Next-Gen Gaming Infrastructure
Betting on the backbone of gaming, not just games Saudi Arabia-based Qwacks has raised $480,000 in pre-seed funding, led by Merak Capital, as it works to build foundational technology […]
Paribu Acquires CoinMENA in $240M Deal, Marking a Major Crypto Consolidation in MENA
A landmark acquisition for regional crypto markets Turkish digital-asset platform Paribu has acquired a majority stake in CoinMENA, valuing the Bahrain- and UAE-regulated crypto exchange at up to $240 […]
Paymob and Robusta Partner to Accelerate Digital Transformation Across Egypt and MENA
Fintech meets deep tech in a strategic collaboration Egyptian fintech Paymob has announced a strategic partnership with Robusta Technology Group, a leading software development and digital-solutions company, to […]