Press Release

153 articles

Sort by:

King Saud University enters the startup game with Riyadh Valley

King Saud University's investment arm has partnered with SparkLabs to establish a venture fund and four-month accelerator program launching in April. The move marks a significant shift in how major Gulf research institutions approach commercialization of academic research and represents a direct challenge to private venture firms dominating early-stage funding in Saudi Arabia.

MoFeb 252 min read

Accelerators & IncubatorsCorporate Innovation

Germany and Qatar Launch Deep Tech Innovation Hub in Doha

ESMT Berlin partners with Qatar Investment Authority and QRDI Council to launch DEEP Qatar innovation hub supporting 150+ deep tech projects over three years.

MoFeb 82 min read

FintechDigital Transformation

Web Summit Qatar marks Yuno’s deeper push into MENA with Tap Payments partnership

Yuno and Tap Payments partner to simplify enterprise entry into MENA, combining Yuno’s global payments orchestration with Tap’s GCC licenses and local payment methods to speed compliant expansion.

RazaFeb 22 min read

Web Summit Qatar marks Yuno’s deeper push into MENA with Tap Payments partnership

Gulf RegionData & Analytics

At Web Summit Qatar, Rwazi unveils Sena to speed up enterprise decision making

At Web Summit Qatar 2026, Rwazi launches Sena, an AI copilot that transforms real time data into actionable business decisions, streamlining enterprise workflows.

RazaFeb 22 min read

At Web Summit Qatar, Rwazi unveils Sena to speed up enterprise decision making

FintechPropTech

BLOXX brings a community first housing experiment to Web Summit Qatar

BLOXX launches ĀRIKI BLOXX at Web Summit Qatar, a joint venture with ĀRIKI Group that pairs fintech enabled home equity with community led, culturally grounded housing development.

RazaFeb 22 min read

BLOXX brings a community first housing experiment to Web Summit Qatar

Digital TransformationSeed Funding

Ammar closes seed investment round worth over $4M

Ammar Real Estate Technology closes a seed investment round worth over $4 million to scale its digital property management and real estate technology platform.

RazaJan 232 min read

Ammar closes seed investment round worth over $4M

SaaS & EnterpriseVenture Capital

OpenCX secures $7M backed by Shurooq and Sadu Financial

UAE’s customer experience software provider OpenCX has raised $7 million in a funding round led by strategic and institutional investors, including Shurooq and Sadu Financial, to accelerate product development and regional expansion of its AI enabled CX platform.

RazaJan 212 min read

OpenCX secures $7M backed by Shurooq and Sadu Financial

Seed FundingSaudi Arabia

Seed funding of SAR 19 Million fuels Grove Saudi Arabia’s expansion in Agri Tech

Saudi agri tech startup Grove Saudi Arabia has raised SAR 19 million (around $5.1 million) in a seed funding round to scale its controlled environment and vertical farming operations, supporting local food production and sustainability goals under Saudi Vision 2030.

RazaJan 192 min read

Seed funding of SAR 19 Million fuels Grove Saudi Arabia’s expansion in Agri Tech

HR TechGlobal Expansion

AI recruitment platform Resquad AI closes $1.5M seed round

Saudi based startup Resquad AI has closed a $1.5 million seed funding round to scale its AI powered tech recruitment platform, expand across MENA and global markets, and accelerate development of its proprietary large language model for hiring automation.

RazaJan 182 min read

AI recruitment platform Resquad AI closes $1.5M seed round

Robotics & AutomationUAE

UAE startup KNOT Technologies raises $1M in pre seed financing

UAE based startup KNOT Technologies has raised $1 million in a pre seed funding round to advance its work in robotics and intelligent automation, as regional investment in industrial AI and smart systems continues to grow.

RazaJan 182 min read

UAE startup KNOT Technologies raises $1M in pre seed financing

Data & AnalyticsSaaS & Enterprise

Governata raises USD 4M to support enterprise data governance and compliance across MENA

Saudi enterprise data governance startup Governata has secured USD 4 million in seed funding from a diverse syndicate of regional and global investors to scale its Arabic first, AI ready data management platform and support enterprise AI adoption across Saudi Arabia and the MENA region, amid rapid growth in the global data governance market.

RazaJan 152 min read

Governata raises USD 4M to support enterprise data governance and compliance across MENA

Gaming & EntertainmentSaudi Arabia

Khosouf Studio secures $600K seed from Merak Capital Gaming Fund

UAE based game developer Khosouf Studio has raised USD 600,000 in a seed round led by Merak Capital’s Gaming Fund, supporting its relocation to Saudi Arabia and expansion of narrative driven and VR gaming projects amid growing investment in the MENA gaming market.

RazaJan 152 min read

Khosouf Studio secures $600K seed from Merak Capital Gaming Fund

UAEArtificial Intelligence

MilkStraw AI raises $2m seed funding to expand cloud optimisation platform

UAE based MilkStraw AI has secured $2 million in seed funding led by VentureSouq, with participation from Ibtikar Fund and M Capital, to expand its AI-driven cloud cost optimisation platform across MENA and global markets.

RazaJan 142 min read

MilkStraw AI raises $2m seed funding to expand cloud optimisation platform

HealthTechVision 2030

Saudi’s Madeed raises $400K in pre seed round

Saudi preventive health startup Madeed has raised $400,000 in a pre seed round led by Vision Ventures to scale its AI driven digital health platform, as early stage capital continues to support healthcare transformation priorities under Vision 2030.

RazaJan 132 min read

Saudi’s Madeed raises $400K in pre seed round

HealthTechVenture Capital

Oasys Health raises $4.6M to scale AI powered operating system for health providers

Oasys Health raised $4.6 million, including a $4 million seed round led by Pathlight Ventures, to expand its AI native platform for behavioural health providers and broaden integrations with consumer wearables and health apps.

RazaJan 132 min read

Oasys Health raises $4.6M to scale AI powered operating system for health providers

FintechGulf Region

Flooss locks in $22M facility to expand Shariah compliant lending

Bahrain based Shariah compliant fintech Flooss has secured a $22 million credit facility structured by Shorooq, as it scales its digital consumer financing products under Central Bank of Bahrain regulation.

RazaJan 132 min read

Flooss locks in $22M facility to expand Shariah compliant lending

E-commerceLogistics & Supply Chain

Yamm raises seed round to scale post purchase automation in Saudi Arabia

Saudi Arabia’s post purchase automation startup Yamm has closed a seed funding round co led by Vision Ventures and Arzan Venture Capital, with participation from 2Pi Ventures, Plus VC, and F6 Ventures, to accelerate its return and refund automation platform across e commerce markets.

RazaJan 132 min read

Yamm raises seed round to scale post purchase automation in Saudi Arabia

Artificial IntelligenceFintech

UAE fintech Mal raises $230M to launch AI native Islamic digital bank in 2026

Mal has raised $230 million in a strategic investment round led by BlueFive Capital to develop, license, and launch an AI native Islamic digital bank in the UAE, targeting a 2026 rollout.

RazaJan 132 min read

UAE fintech Mal raises $230M to launch AI native Islamic digital bank in 2026

EdTechGulf Region

eMushrif raises $7.5M to support regional expansion

Oman based eMushrif has raised $7.5 million in a funding round led by Jasoor Ventures to expand its AI and IoT enabled school transportation management platform into Saudi Arabia and the UAE..

RazaJan 72 min read

eMushrif raises $7.5M to support regional expansion

Egypt & North AfricaEdTech

Business For Teens raises pre seed capital

Egyptian edtech startup Business For Teens closes a six figure pre-seed funding round to expand entrepreneurship and financial literacy programs for teenagers.

RazaJan 62 min read

Business For Teens raises pre seed capital

1 / 8

Browse Categories

Funding & VC69 Technology52 Events24 News24 Startups18 Fintech14 AI & Data13 Powerlist6