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Startups
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Hub71 startups raise $2.17 billion in 2024 as Abu Dhabi emerges as global tech hub
Abu Dhabi’s Hub71 emerges as one of the world’s fastest-growing innovation hubs with startups under its umbrella raising a record $2.17 billion in 2024
UAE-based Disrupt.com launches $100 million fund to build AI, Web 3.0, and cybersecurity startups
UAE-based venture builder Disrupt.com has announced a a $100 million commitment to fuel the next wave of AI-first startups.
UAE fintech Flow48 raises $69 million to expand revenue-based financing for SMEs
UAE-based Flow48 secures $69 million Series A funding round in a mix of debt and equity to redefine access to capital for SMEs across the MENA
Pakistani startup EduFi wins $250,000 first prize at LEAP 2025 in Saudi Arabia
Pakistan’s Study Now, Pay Later (SNPL) digital platform EduFi won first place at Rocket Fuel Pitch Competition at LEAP 2025 in Riyadh.
Revel secures $60 million to expand NYC’s EV charging network
EV mobility startup Revel secures $60 million to build 267 EV chargers across nine sites in New York
French startups raised over €7.1 billion in 2024, with AI leading the way
France is leading AI innovation in Europe, with 751 AI startups active by the end of 2024.
AI-powered Halo AI raises $6 million to transform creator marketing industry
Saudi-based Halo AI is set to make waves in the evolving fields of AI and creator marketing, with the firm recently securing $6 million in seed funding.
1 Billion Followers Summit 2025: Dubai hosts 15,000+ Creators and awards $11 million to content startups
Hosted in Dubai, 1 Billion Followers Summit 2025 brough together creators, investors, and entrepreneurs in the content creation industry.
Middle Eastern foodtech startup Calo raises $25 million, plans Saudi IPO by 2027
Saudi foodtech startup Calo raises $25 million in Series B funding, aiming for a Saudi IPO by 2027.
Zhipu AI raises $412 million to expand services in China’s competitive AI market
Chinese AI startup Zhipu AI has raised 3 billion yuan ($412 million) to compete more effectively in the rapidly growing AI market.