Entrepreneur News Startup

UAE digital fertility startup Ovasave raises $1.2m

Abu Dhabi-based startup Ovasave which focuses on addressing women’s health needs has raised $1.2m in pre-seed funding to scale its digital platform for fertility and hormonal health.

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Salasa raises $30m to expand GCC logistics

Saudi e-commerce fulfilment platform Salasa has secured $30m in Series B funding to accelerate its transformation into a technology-first logistics provider and expand its cross-border operations.

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Creators HQ and Snapchat launch GCC creator initiative

UAE-based Creators HQ has announced a long-term partnership with Snapchat to support and grow the region’s creator ecosystem. The collaboration aims to empower digital talent across the GCC and beyond through a year-round programme of training and talks.

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Sharjah Startup Studio opens for UAE applications

Sharjah’s entrepreneurship hub Sheraa has opened applications for its latest Sharjah Startup Studio (S3) program, inviting UAE-based startups to participate. The initiative offers funding opportunities, mentorship, and access to software tools worth over $0.8m.

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UAE boosts startup hub status with $86.7m in May funding

Startups across the MENA region raised $289m in May, which was a 25% increase from April. The UAE accounted for $86.7m of that total, spread across 14 deals, highlighting its growing role in the region’s innovation ecosystem.

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UAE-based proptech startup Huspy raises $59m

UAE-based Huspy has secured $59m in a Series B funding round led by UK venture capital firm Balderton Capital.

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Lucidya raises $30m in MENA’s largest AI funding round

Riyadh-based Lucidya has secured $30m in a Series B funding round, marking the largest AI-focused investment ever raised in the MENA region.

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Saudi startup TruKKer raises $15m for freight tech expansion

Saudi Arabia-based digital freight platform TruKKer secured $15m in private credit investment from Ruya Partners via its Ruya Private Capital I fund. The funding will support TruKKer’s expansion across regional markets and the advancement of its AI-enabled logistics platform.

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UAE’s BioSapien extends Pre-Series A funding to $8m

UAE-based biotech startup BioSapien has extended its pre-Series A funding round to over $8m, with new investment from VC firm Globivest which joins existing investors including Global Ventures, Golden Gate Ventures, and Dara Holdings.

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Decentralised finance startup secures $100m from UAE

The decentralised finance (DeFi) platform World Liberty Financial that is linked to President Trump has secured a $100m investment from the UAE’s Aqua1 Fund. The funding marks a significant boost for the startup’s growth plans in the Web3 finance space.

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