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AI + Innovation (MENA) 
Infrastructure 
Klickl International raises USD 25 mn in its Series A round
The funding will support Klickl’s expansion into global investments
Hub71 launches Hub71+ AI to support AI startups in Abu Dhabi
AI71 and Core42 joined as anchor partners
BioSapien raises USD 5.5 mn in pre-series A round
BioSapien will use the funding to launch clinical trials in the UAE
Disrupt Ventures leads USD 5.5 mn seed funding round for South Asian fashion marketplace Laam
The funds will be used for regional expansion purposes
Wafeq secures USD 7.5 mn in series A funding
The round was led by Chris Corbishley, Managing Partner at 9900 Capital
Iliad Partners set up USD 50 mn fund to invest in UAE and KSA startups
The fund will focus on early-stage startups, and has OTO and Penny software as part of its portfolio
The Binary Holdings secures an investment of up to USD 5 mn from ABO Digital
The company plans to launch Millenia, a digital banking platform, in Q2 2025.
Playgama raises USD 3 mn in a funding round
The company will use the funds to develop its platform and toolkit
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