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Wa'ed Ventures Invests $3 Million in Terraxy to Support Desert Greening
10+ hour, 4+ min ago (625+ words) Terraxy, a KAUST spinout startup, has raised $3 million in a Seed-2 funding round led by Wa'ed Ventures, the Saudi-based venture capital arm of Aramco, with participation from KAUST. The new funding will support Terraxy's expansion in soil regeneration and carbon…...
SME Bank Launches Financing Solutions for Aramco Ecosystem SMEs
8+ hour, 12+ min ago (382+ words) The Small and Medium Enterprises Bank, in collaboration with Aramco Taleed and fintech company Manafa, has launched new financing solutions to support small and medium-sized enterprises connected to the Saudi Aramco ecosystem. The initiative was announced during a ceremony held…...
Hershey Expands AI Use Across Supply Chain, Manufacturing, and Fulfillment
4+ day, 14+ hour ago (878+ words) Artificial intelligence is moving beyond software and becoming a bigger part of the physical side of business. In sectors such as food production, consumer goods, and logistics, companies are increasingly using data systems to support daily operational decisions, not only…...
AI Restrictions Spark New Debate Over the Future of Indian Startups - " "
1+ mon, 2+ week ago (933+ words) Restrictions linked to access to advanced AI models have triggered a wave of concern across India's technology sector, particularly among startups that rely on teams distributed across the United States, India, and other countries. According to a report by Tech…...
Unifonic acquires Segmentify to pioneer agentic marketing across MENA - " "
1+ week, 2+ day ago (580+ words) Unifonic acquires Segmentify to pioneer agentic marketing across MENA ent ARABI Unifonic acquires Segmentify to pioneer agentic marketing across MENA Combining conversational engagement with Segmentify's real-time AI personalization to power autonomous marketing agents that engage, personalize, and convert at scale....
Dubai-Based Algebra AI Raises $7 Million to Expand AI Solutions for Mid-Sized Businesses
1+ week, 3+ day ago (231+ words) Dubai-based Algebra AI has secured $7 million in new funding from a group of investors, including Infinity Constellation, BECO Capital, Silicon Badia, and Waseel Investments. The company plans to use the funding to expand its artificial intelligence solutions for mid-sized businesses…...
Ed Ventures Launches Third Cohort of Mastercard Foundation Ed Tech Fellowship in Egypt with 13 Startups - " "
1+ week, 3+ day ago (449+ words) Ed Ventures, the investment arm of Nahdet Misr Group, in partnership with the Mastercard Foundation through its Centre for Innovative Teaching and Learning, has launched the third cohort of the Mastercard Foundation Ed Tech Fellowship in Egypt. The new cohort…...
MNT-Halan Valuation Reaches $1. 4 Billion After Funding Round Led by Al Ahly Capital
1+ week, 4+ day ago (351+ words) MNT-Halan, one of Egypt and the region's leading fintech companies, has reached a valuation of $1. 4 billion following the first close of a new funding round led by Al Ahly Capital, the investment arm of the National Bank of Egypt. The…...
During the first week of June 2026, startup investments reach $258. 5 million
1+ week, 5+ day ago (396+ words) Startup investments in startups across the Middle East, Africa, and the Gulf recorded a total of new deals during the first week of June 2026, specifically from June 1 to June 6. A total of 3 deals were completed, with the largest share going…...
Foras. AI invests in Efham. ai to build the first Arabic community for AI education - " "
2+ week, 2+ day ago (302+ words) Foras. AI has invested in Efham. ai, a platform developed by Egypt-based Nix AI, with the aim of building the first Arabic community dedicated to teaching artificial intelligence in the Arabic language. The platform plans to launch more than 100 training…...