Legal technology and regulatory technology
TiE Women named five founders for a December final at GITEX Global 2026, after virtual heats from 8 to 17 September. More than 250 businesses applied. A prize for this year’s title was not published. The five also get a booth at Expand North Star.
Morocco’s Charikaty closed a pre-seed at a 3 million euro valuation with Red Tape Ventures and Gulf angels. The cash amount was not disclosed. The legaltech wants accounting and a push into Egypt and the GCC.
For a growing number of lawyers, the most interesting billable hours of the week now happen after dinner, and the client is a machine. Legal professionals are taking paid evening work training AI models by inventing hard problems, prompting the systems and grading their answers.
Singapore-based business services platform Ascentium has acquired Clara, a UAE-based regtech and corporate service provider, in a deal that expands Ascentium's presence across the Middle East's regulated financial hubs. Founded in 2018, Clara operates as the largest licensed corporate service provider in Abu Dhabi Global Market, serving startups, venture capitalists, and government entities through its proprietary compliance platform.
Beirut-based legal technology startup HAQQ has raised $3 million to expand its AI-powered legal services platform across the Middle East and North Africa.
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.