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Saudi delivery startup Ninja eyes $1 billion IPO in late 2026

Ninja has tapped Citigroup, Goldman Sachs, Riyad Capital, and UBS for a potential $1 billion IPO on the Saudi Exchange. The delivery unicorn generated $1 billion in revenue in 2025 and is targeting $1.6 billion in 2026.

Irfan1d ago2 min read

Venture CapitalSeries A+

Kalshi raises $1 billion as prediction markets go institutional

Kalshi raised $1 billion at a $22 billion valuation doubling its worth in just five months. Institutional trading on the platform surged 800% as prediction markets move beyond retail into serious financial infrastructure.

James Whitemore2d ago2 min read

Kalshi raises $1 billion as prediction markets go institutional

Egypt & North AfricaVenture Capital

MENA startup funding hits $150 million in April but debt tells the real story

MENA startup funding climbed to $150 million across 27 deals in April 2026, a 211% jump from March's near-historic low. But half of that capital moved through debt financing, revealing a market that has found its floor without fully regaining its footing.

Mira Sen6d ago2 min read

MENA startup funding hits $150 million in April but debt tells the real story

Saudi ArabiaUAE

The AI chip company taking on Nvidia is going public in May

Cerebras Systems, the AI chip startup known for building chips the size of a dinner plate, has refiled for a Nasdaq IPO targeting mid-May 2026, returning to public markets after a national security review derailed its first attempt in 2024.

Arin SolApr 192 min read

The AI chip company taking on Nvidia is going public in May

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