Technology news and insights in the Middle East, South Asia, and Africa
Technology News and insights in the Middle East, South Asia, and Africa
AgriCash, an Egyptian agri-fintech startup, raised seed funding led by Alex Angels to expand its AI-driven platform, enhance farmer financing, and enter new markets. The startup’s innovative BNPL model and digital tools aim to transform agricultural finance and support over 1,500 active farmers, with plans for further growth and ecosystem development.
Kumulus Water raised $3.5 million to expand its atmospheric water generators that convert air moisture into clean drinking water. With remote monitoring and solar power options, the tech serves off-grid communities across multiple regions. The funding will support industrial-scale rollout and geographic expansion, including into Saudi Arabia.
TruBuild has raised $1 million in a seed round led by Waʼed Ventures, Dar Ventures, and Plug & Play Ventures. The funding will help enhance its AI-powered construction platform, expand its teams, and scale operations in Saudi Arabia and beyond, aiming to improve risk management and decision-making in construction projects.
UAE-based Resolv Labs, founded in 2023, focuses on delta-neutral strategies for low-risk cryptocurrency investments. The startup has raised $10 million in seed funding to enhance its platform and expand operations, offering secure and stable investment options for crypto enthusiasts.