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.
Mastiska Secures $10M to build UAE’s first sovereign AI Chips
UAE-based semiconductor startup Mastiska has raised USD 10 million in seed funding from GCC sovereign wealth funds to develop data centre class AI inference accelerators and launch a fabless chip venture focused on regional AI autonomy.
Saudi fintech Erad raises $125M to expand embedded SME Lending in Gulf
Saudi fintech Erad has secured a USD 125 million credit facility with Jefferies and Channel Capital to scale SME financing across the GCC, expanding working-capital access for SMEs amid a regional credit gap.
UAE’s fintech ambitions on display as Dubai Hosts Fintech Surge x Blockchain Summit
Dubai hosts Fintech Surge x Future Blockchain Summit 2025 from Oct 12–15, drawing regulators, investors, and startups shaping fintech and Web3 innovation.