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Yahsat to launch its AED 3.9 bn satellites through Musk’s SpaceX
PLUS: e& will provide tailored telecom services and products to UAE-based startups and entrepreneurs
Comfi secures USD 5 mn debt facility for B2B payments expansion in UAE and KSA
The financing will also support Comfi expand its pay-later and pay-now solutions for B2B supply-chain businesses
Dubai Future Foundation + Meta launch AI-powered business incubator
The project uses Meta's AI model LLAMA 3 aims and focuses on using Large Language Models
Qstay closes USD 4.6 mn pre-series A round
The funding was raised through a combination of conventional and convertible debt
Now Money raises USD 4 mn in equity round
The money will be used to to scale up its operations and enhance its technology product offerings
UAE-based contech Tenderd closes USD 30 mn series A funding round
The round was led by AP Moller Holding and saw the participation of old and new investors
Polynome Group plans to launch USD 100 mn AI startup fund
Tech company Polynome Group said it plans to set up a USD 100 mn AI startup fund on the sidelines of…
Stake raises USD 14 mn to expand to KSA + Elevate raises USD 5 mn
Aramco’s Wa’ed Ventures and Mubadala are among those who participated in the funding round
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