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AI + Innovation (MENA) 
Infrastructure 
AI startup qeen.ai secures USD 2.2 mn in pre-seed round
The company will use the funding make AI solutions more accessible and user-friendly
UAE startups secured USD 353 mn in debt funding last year
The UAE ranked first in terms of transaction volumes
Growdash raises AED 6.8 mn in seed funding round
The company intends to launch its technology in restaurants in Saudi Arabia in 2024
GrubTech bags USD 15 mn in series B funding
The startup plans to expand into KSA, Europe and the UK.
Holo closes pre-series A funding round to boost expansion plans
The company seeks to boost its presence in UAE and Saudi Arabia
Huspy secures funding round from Balderton Capital to expand in Europe
The funding will also be used to build a real estate superapp
Revent secures USD 900k in a pre-seed funding round
The funding will be used to expand in Saudi Arabia and construct an SaaS platform
Behind Swvl’s turnaround
The Nasdaq-listed startup has seen its share price rise 928% over the past six months
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