Technology news and insights in the Middle East, South Asia, and Africa
Technology News and insights in the Middle East, South Asia, and Africa
Technology news and insights in the Middle East, South Asia, and Africa
Technology News and insights in the Middle East, South Asia, and Africa
Rihal has secured $7.5M in the first close of its $15M Series A round led by ITHCA Group. Since its 2021 seed funding, the Omani data services leader has recorded 119% CAGR, expanded across multiple industries, and now aims for international growth powered by this latest investment.
Nucleon Security has raised $3.5M to expand its AI-driven, Zero Trust cybersecurity solutions across Africa. Founded in Morocco and France, the startup will use the funding to industrialize its platform, grow in six African markets, and build a regional cybersecurity ecosystem capable of serving global needs.
Jobzyn, a Moroccan AI hiring startup, has raised pre-seed funding led by Janngo Capital to accelerate product development and expand across Africa and MENA. Already used by major firms, the platform helps employers screen candidates efficiently while improving job market transparency for graduates and job seekers.
Fintologya has secured $1 million in seed funding to scale its fintech infrastructure across the GCC. The Bahrain-based startup will expand operations, boost compliance, and enhance its product suite, positioning itself as a key enabler of secure, seamless, and innovative digital payment solutions in the region.
Saudi-based construction-tech startup Fitting has raised $500K in pre-seed funding to digitize the construction supply chain. Founded in 2024, the company connects suppliers, retailers, and developers via a digital marketplace, aiming to boost efficiency and transparency amid Vision 2030 megaprojects.
Rihal, an Omani SaaS and AI solutions provider, has raised $7.5M in Series A funding led by ITHCA Group. The funds will fuel regional expansion, scale proprietary platforms like Jadawal and Eysal, and enhance AI-driven data solutions for clients in government, telecom, logistics, and oil and gas.
DawaDose has closed its Pre-Seed round to establish its Saudi HQ and develop the region’s first integrated B2C and B2B pharmaceutical ecosystem. The startup will use the funding to scale AI-driven digital tools, expand pharmacy partnerships, and prepare for Gulf-wide growth in healthcare access.
Jordan’s healthtech startup DawaDose has raised pre-seed funding from angel investors and relocated its HQ to Saudi Arabia. Founded in 2019, the platform connects pharmacies, wholesalers, and consumers through AI-driven digital tools, with expansion plans aligned to Saudi Vision 2030 and broader Gulf market ambitions.
Jobzyn, a Moroccan AI-powered recruitment startup, secured funding from Janngo Capital to expand its platform across Africa. Already serving top corporates and universities, Jobzyn matches candidates to jobs, evaluates soft skills, and provides employer insights, aiming to make the hiring process more efficient and transparent.
Sarat Ventures Y Innovations Biotech Fund has launched a $50M initiative to back early-stage biotech companies targeting Saudi Arabia and the MENA region. Anchored by Allocator One, the fund aligns with Vision 2030, aiming to fuel life sciences growth, attract global talent, and advance transformative therapies.