The Abu Dhabi AI investment vehicle backed by Mubadala and G42 is also negotiating a $1 billion stake in French startup Mistral and looks set to join a planned $3–5 billion round for Anthropic at a $170 billion valuation.
Aug 7, 2025
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4 min read
The first Arab tech startup to list on Nasdaq, will carry out a 1-for-10 reverse stock split this week to avoid delisting, after its shares slumped to $0.0117 despite delivering its first-ever half-year profit in late 2024.
3 min read
The round was led by Peak XV Partners (formerly Sequoia Capital India & SEA) with participation from 885 Capital founders Sudeep Ramnani and Jai Mahtani, Y Combinator, 468 Capital, Pioneer Fund, and a roster of prominent regional founders and operators.
Aug 5, 2025
Anaconda provides enterprises with a secure, enterprise‐grade distribution of Python bundled with pre‐installed packages and tools tailored for data science, machine learning, and AI development.
Aug 3, 2025
2 min read
The company secures fresh backing from Shorooq Partners, Bunat Ventures and Plug and Play, in a deal that comes six months after its US $4 million round and pushes the company’s valuation to twice its February 2025 level.
Jul 24, 2025
Leading the new practice is Dr. Alaa Murabit, a former executive at the Gates Foundation and one of the architects behind the United Nations Sustainable Development Goals.
Jul 22, 2025
Founded in 2021 by Eyad Alkassar and Mahmoud Fouz, Qlub's new funding round, co-led by long-time backers Shorooq Partners and Cherry Ventures, also saw participation from telecom giant e&, sovereign investor Mubadala, and Legend Capital.
In a leaked internal memo, Anthropic CEO Dario Amodei confirmed the company is exploring investment from the UAE and Qatar – a reversal from its 2024 stance on Gulf capital.
Founded in 2021 by Russian entrepreneur Roman Axelrod and Ukrainian physicist Valentin Volkov, Xpanceo is attempting to integrate extended reality (XR) directly into soft contact lenses.
Jul 9, 2025
The UAE and US-based healthtech startup is developing a 3D-printed, slow-release drug delivery platform for localised cancer treatment, with new capital supporting global expansion and senior hires across R&D, regulatory, and medical affairs.
Fresh off a $52 million Series A, Egypt’s Nawy has acquired Dubai-based regulated fractional property investment platform SmartCrowd in a bid to build the region’s leading proptech ecosystem.
Founded in 2020 by Jad Antoun and Khalid Ashmawy, Huspy provides real estate agents and mortgage brokers with high commissions, powerful technology, and a unified infrastructure designed to serve buyers and sellers more efficiently.
Jul 8, 2025
The Luxembourg-based company will relocate to Dubai and partner with LEAP 71 to develop a large, reusable launch vehicle and orbital spacecraft, with hot-fire testing set to begin in 2026.
Jul 3, 2025
The Abu Dhabi-based automation startup, founded in the UK in 2021, will use the funding to expand internationally and scale AI tools for regulated sectors across MENA.
Jun 24, 2025
The UAE-based company has acquired B2C player Uplines and will launch new AI and blockchain-powered products as part of its regional expansion strategy.
The platform matches tenants with compatible flatmates and removes common pain points like large upfront costs, rigid leases, and unreliable listings, positioning itself as a tech-enabled alternative to traditional urban rentals.
Jun 23, 2025
Stryde71 will combine Qora71’s syndicate-led investment model with Stryde’s end-to-end infrastructure for global deal access, including co-investment opportunities for both qualified and retail investors.
Launched in 2012, Endeavor Catalyst invests exclusively in Endeavor-selected founders at Series A–C stages, co-investing alongside VCs like Prosus, STV, and General Atlantic.
Jun 19, 2025
Six months after its blockbuster IPO, Talabat is prioritising margins, loyalty, and strategic M&A over market conquest.
Jun 11, 2025
5 min read
The platform simplifies drafting and reviewing legal documents by integrating directly into tools like Outlook and Word. This approach ensures lawyers can continue using the tools they are already familiar with while benefiting from AI that adapts to their tone, style, and standards.
The move strengthens US-based supply for clients like Apple, AMD, Qualcomm, and SpaceX, targeting rising demand for AI chips, 22FDX low-power tech, and silicon photonics.
Jun 5, 2025
1 min read
