Funding

Hub71 launches new initiative to fund Web3 startups

Hub71+ Digital Assets, a dedicated Web3 specialized ecosystem, has been formed by Hub71, Abu Dhabi's global innovation ecosystem, with more…

1 year ago

The World Bank and the Abu Dhabi Fund have announced their intention to jointly invest $1.5 billion in the energy transition

The World Bank's investment arm, International Finance Corporation (IFC), will sign an MoU with the Abu Dhabi Fund for Development…

1 year ago

Huawei has announced plans to invest $400 million in the establishment of a cloud region in Saudi Arabia

During the LEAP 2023 event, Huawei Cloud announced its intention to launch a cloud region in Saudi Arabia with the…

1 year ago

STV, a Saudi Arabian company, has established Total Growth platform with a funding of $150 million

STV, a Saudi Arabia-based investment firm, has announced the launch of its Total Growth platform to support the growth of…

1 year ago

Microsoft is set to broaden ChatGPT access

Microsoft Corp announced on Monday that it is expanding access to extremely popular software from OpenAI, a business it is…

1 year ago

Flyby completes $1 million seed round

Flyby, a Dubai-based smart delivery box and mobile digital out-of-home (OOH) advertising company has announced the closing of a $1…

1 year ago

Crowdfunding platform Manafa secures $28m Series A round

The top debt and investment firm Manafa announced the completion of its Series A round, valued at SAR106 million ($28…

1 year ago

Sheraa teams up with Canada-based incubator DMZ to empower Sharjah startups into NA

The DMZ and the Sharjah Entrepreneurship Center (Sheraa) have established a partnership that will enable 15 businesses from the emirate…

1 year ago

AtarCloud raises $1.3 million Seed round

AtarCloud announced the closing of a $1.3 million seed investment round with the participation of BIM Ventures along with angel…

1 year ago

UAE-based HR technology startup Bayzat raises $25m

UAE-based HR and payroll software startup, Bayzat, raised USD 25 million in a Series C investment round led by DisruptAD,…

1 year ago