CloudKitchens pulls back on Mideast IPO
Travis Kalanick’s CloudKitchens has delayed plans to list its Middle East unit despite earlier underwriting talks with major Saudi groups, sources tell TechScoop.
Noon raises $500 million as investors look for the next Talabat
Middle East e commerce platform noon has raised $500 million in fresh funding, strengthening its balance sheet as it moves closer to a potential...
Qadi secures pre seed funding to launch the Middle East’s first sovereign AI compliance platform
UAE based RegTech startup Qadi has closed a pre seed round led by Incubayt Capital to launch the Middle East’s first sovereign AI regulatory compliance platform, targeting law firms and financial institutions across the GCC.
Hypemasters Levels Up, secures $1M investment from Impact46 to power regional Gaming expansion
Hypemasters, the Abu Dhabi based studio behind World War Armies, raised USD 1 million in a round led by Impact46 with participation from GEM Capital to expand its mid-core PvP strategy games and scale regional operations.
Fueling Saudi Arabia’s Gaming Vision: Qwacks Raises SAR 1.8 Million for core Dev Infrastructure
Qwacks raises SAR 1.8 million in a pre seed round led by Merak Capital to expand its Saudi-built game-development and live-ops infrastructure for studios across the region.
Reno attracts $4M as AI Home renovation demand surges across the Gulf
Reno raises $4M in a mixed equity and debt round to scale its AI powered renovation platform, launch a real-time design app and expand operations across the GCC.
Byit secures $1.1M to expand its Agent First Proptech Model across the Gulf
Byit raised $1.1M from A15, Beltone and angels to scale an agent first brokerage model across the Gulf, expand in Saudi Arabia and deepen partnerships with developers and service providers.
Nabt secures USD 3.4M to reinvent Saudi Arabia’s Fresh-Produce supply chain
Saudi agritech startup Nabt has raised USD 3.4M in a seed extension round to expand its fresh-produce logistics and B2B marketplace infrastructure, following its earlier USD 1.5M funding backed by Merak Capital and documented across multiple regional sources.
COGNNA Bags $9.2M funding to advance agentic AI Cyber Defense
Saudi cybersecurity startup COGNNA raises $9.2M Series A to scale its AI-powered Nexus platform globally, backed by Impact46 and newly strengthened with NCA Tier 2 SOC certification.
Mnzil secures $11.7M series A to expand workforce housing across Saudi Arabia
Saudi workforce-housing startup Mnzil secures $11.7 M in Series A funding to scale purpose-built accommodations for blue-collar workers across the GCC.