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AI + Innovation (MENA) 
Infrastructure 
Indian underwater inspection startup bags USD 12 mn round to scale in the Middle East
The startup focuses on ports and terminals, refineries, petrochemical complexes, desalination plants, and power infrastructure
Reno secures USD 4 mn for new app and expansion
The capital will support the startups’ scaling across the UAE and GCC
Revibe raises USD 17 mn in a new funding round
The funds will be used to improve the marketplace’s service quality, device performance, and accelerate international expansion
Exclusive: OnFinance AI to launch Gulf-native “NeoGPT” compliance engine + Draper-backed startup to bring block-laying construction robots to the UAE market
The Indian AI startup is readying regionally-trained LLMs for compliance, as leading Gulf regulators and banks accelerate GenAI adoption
Dubai tech-based startups secure USD 8 mn in funding to expand their operations
Cybersecurity firm Secure.com raised USD 4.5 mn while SaaS platform Kingpin bagged USD 3.5 mn
UAE AI startups are the most well-funded in the region
The country’s AI startups raised USD 105 mn out of the total, while AI-enabled ventures secured USD 20 mn
HR tech startup Cercli raises USD 12 mn in a Series A round
The round was led by Germany’s Picus Capital
Cado raises USD 4.5 mn pre-seed to scale regional and US expansion
The funding round was led by Sanabil 500
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