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Startup

Startup refers to new companies seeking to disrupt or innovate an industry using digital and technology.

Health Start-up logo
With the FIFA World Cup 2022 expected to be held in Qatar, it’s opened up a wealth of new opportunities for start-up companies to take their first steps into the business world in a stack of different industries. Qatar is making strides in the world of health and sport, supporting...
VC funding
The Saudi-Arabian accounting and e-invoicing platform VoM has seen their latest funding round come to an end, and secured a tidy profit of $670,000 in the process. Angel investors have allowed the company to close their latest round of Pre-Seed funding, which means that the cloud-based company can focus...
Nybl
It was recently announced that nybl, the popular UAE-based AI pioneer its obtaining Mexico's visual information mining and AI platform, Nubila. The platform is known for its various innovative arrangement that will see Nubila Founder Marlon de Jesús González join the nybl R&D group. The securing is important for nybl's...
Azom CEO
A tech start-up based in Riyadh, Azom, which designs, develops, and sells computer software and electronics, has raised a Series A funding round worth $9.5M (36M Saudi riyal), from Assr AlJawal and an anonymous individual investor. Azom was established to develop and provide electronics and technologies such as phones and other...
Cleargrid
ClearGrid, a fintech company based in the UAE, has raised $10 million in funding after coming out of stealth mode. The funding is split into two rounds: a pre-seed round of $3.5 million, led by Raed Ventures and Beco Capital, and a seed round of $6.5 million, co-led by...
Sakneen logo
Sakneen, a  property tech startup based in Egypt, recently announced that it had raised $1.1 million in a seed round led by Algebra Ventures. Sarwa Capital and Foundation Ventures also contributed significantly to the round. Hem + Spire, a real estate private equity firm based in the United States,...
It was announced that the popular port operator with a worldwide reach, DP World has launched 'Dubuy' which is a discount web-based eCommerce platform. Hoping to interface purchasers and merchants on a global scale with merchandise delivered through the production network of DP World and its coordination for the...
Xina AI logo
The popular Arabic conversational AI platform from Jordan, Xina AI has managed to raise a $1M seed round and it was announced today. The seed round was led by Jordanian angel investors and a Qatari family office. The platform works by automating customer support queries with the world’s first-ever...
Truck it in Logo
The popular Pakistani trucking marketplace Truck It In has raised about $1.5M in a pre-seed round and was announced today. This Karachi-based popular trucking marketplace has pretty much managed to create one of the largest pre-seed investments raised by a startup in the entire Middle East, Pakistan, and North...
Waed logo
Aramco’s Wa’ed, Saudi’s entrepreneurship arm of oil and petroleum giant that they’ll be doubling their investment in and support of startups by the year 2023. Wa’ed was launched back in 2011 and ever since they’ve been supporting over 90 startups via venture capital investments and loans. But they did vow...