MENA Beehive
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AI startup Brands.io raised undisclosed Seed funding to drive expansion
Brands.io, an AI startup based in the United Arab Emirates, has raised seed money from unnamed investors for an undisclosed…
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Revenya Capital launched by Arzan VC to back MENA startups
In order to empower tech startups in the MENA region, Arzan Venture Capital (Arzan VC) has partnered with Ahmad Takatkah…
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Tafweela announced as inaugural venture-building project by T-Vencubator
Tafweela is the first venture building project announced by T-Vencubator, a trailblazing organization providing venture building, venture capital, and incubation…
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Teradix receives $140K TAQADAM grant to support its growth in Saudi Arabia
In order to transform procurement procedures in the Saudi market, Teradix, a top supplier of cutting-edge eProcurement solutions in MENA,…
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Warburg AI raised $250K Seed funding
To accelerate the development of its AI-driven financial services platform, Warburg AI, a new artificial intelligence startup based in the…
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Elmawkaa acquired by Ayen in a seven-figure deal
Elmawkaa, a well-known construction technology startup, has been acquired by Ayen, a top platform for real estate inspection and appraisal…
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SBI Holding and BIM Ventures collaborate to launch $200 M “BIM Capital” fund
In the presence of H.E. Eng. Khalid Al-Falih, Minister of Investment, and with the Ministry of Investment’s approval, BIM Ventures…
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$300 M Beta Lab Fund launched to support Saudi, Asian deeptech startups
With $300 million in capital, Beta Lab, a deep tech fund and studio, was established on the first day of…
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Saudi proptech ARK raised $1 M Pre-seed funding
Proptech Saudi Arabia Core Vision Investment led ARKTECH’s $1 million pre-seed investment round, which was successfully closed. With this investment,…
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To support its growth plans, GII increases its capital by $100 M
Ahead of the upcoming Financial Investment Initiative (FII8) in Riyadh from October 29 to October 31, 2024, Gulf Islamic Investments…
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