News Startup

QIA leads USD 200m Series D round for autonomous freight operator Gatik

The Qatar Investment Authority has co-led a USD 200 million Series D funding round for US-based autonomous trucking company Gatik, alongside Koch Disruptive Technologies, with participation from ARK Invest, Millennium Management, Intact Private Capital, and Arca Continental.

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Dubai fintech Fasset achieves unicorn status

Dubai-based fintech Fasset has crossed the USD 1 billion valuation threshold after closing a USD 68 million Series C funding round led by Japan's SBI Group.

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Oraseya Capital and NQubator sign MoU to strengthen UAE early-stage tech pipeline

Oraseya Capital has signed a memorandum of understanding with NQubator to build a structured framework for identifying, developing, and channelling investment-ready startups into Dubai's venture capital ecosystem.

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Dubai launches SME in a Box platform offering over AED 80,000 in potential savings

Dubai's Department of Economy and Tourism (DET) has introduced SME in a Box, a unified platform giving entrepreneurs single-point access to essential business services, including licensing, banking, digital payments, logistics, and telecommunications through a curated network of 18 private-sector partners.

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Du launches AED 183m venture capital fund with Shorooq Partners as manager

Dubai-listed telecom operator du has established du Ventures, an AED 183 million (USD 50 million) venture capital fund targeting startups and emerging technologies aligned with its core business.

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News Startup

UAE autonomous delivery firm CargoX raises USD 250m to scale logistics network

CargoX, the UAE-based autonomous delivery platform, has closed a USD 250 million funding round led by alternative investment firm BlueFive Capital.

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News Startup

TruKKer secures AED 1.1bn securitisation facility from ADCB

Middle East trucking platform TruKKer has secured an AED 1.1 billion securitisation facility from Abu Dhabi Commercial Bank (ADCB), marking a landmark shift in how GCC technology startups access capital.

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Udora raises AED 36.7m to scale GCC gifting platform

Udora has secured AED 36.7 million in a private funding round to support expansion and a full brand relaunch.

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Entrepreneur News Startup

Applied AI raises Pre-Series B

Applied AI, an Abu Dhabi-based startup focused on AI-native workflow solutions for regulated industries, has completed a Pre-Series B funding round led by the MENA Venture Capital Fund at Mubadala Investment Company, alongside global investor Arbor Ventures.

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Entrepreneur News Startup

Saudi data platform secures $4m seed round

Saudi Arabia’s first enterprise data management and governance platform has raised $4 million in seed funding, marking a key milestone in the Kingdom’s transition toward a data-driven, AI-enabled economy.

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