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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
Eyewa raises USD 100 mn in series C funding led by General Atlantic
The startup plans to set up 100 more stores across six countries next year, including its first store in Qatar
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