Venture Capital

PulseTech Secures $3 Million to Strengthen Bangladesh’s Fight Against Counterfeit Medicines

Shahzaib1 day ago1 day ago03 mins

PulseTech has raised $3 million in pre-Series A funding to expand its Medbox platform and roll out One Pharmacy, a franchise network aimed at digitizing and regulating small pharmacies across Bangladesh. The startup focuses on authentic medicine sourcing, traceability, and operational efficiency. Backed by investors from Vietnam and Singapore, PulseTech has shown rapid revenue growth and now serves over 12,000 pharmacies nationwide.

FuturePlay Becomes First Korean VC to Partner with Saudi Investment Ministry, Deepening Korea–Middle East Startup Ties

Shahzaib1 week ago1 week ago03 mins

FuturePlay has become the first Korean VC to partner with Saudi Arabia’s Ministry of Investment, supporting Korean startup expansion into the Kingdom and enabling joint investments in AI, fintech, and deep-tech fields. The partnership aligns with Vision 2030 and strengthens Korea–Saudi innovation ties as both nations accelerate cross-border tech collaboration.

Sri Lanka’s AI Startup Ecosystem Faces Funding and Policy Hurdles Despite World-Class Talent

Shahzaib2 months ago2 months ago04 mins

Sri Lanka’s AI startup ecosystem boasts world-class talent but struggles with scaling due to funding gaps, outdated policies, and limited digital adoption. Industry leaders urge urgent reforms, aggressive VC funding, and stronger collaboration to unlock the country’s potential to build a $15 billion digital economy.

Avanz Capital Egypt Joins Algebra Ventures’ Second Fund Through Landmark Secondary Transaction

Shahzaib3 months ago3 months ago02 mins

Avanz Capital Egypt has joined Algebra Ventures’ second fund as a Limited Partner via a landmark secondary transaction, underscoring confidence in Egypt’s VC ecosystem. The partnership strengthens support for tech startups in Egypt and Africa, enabling greater capital inflows and deeper collaboration to fuel entrepreneurial growth.

Figure AI Secures $1 Billion in Series C Funding, Valuation Hits $39 Billion

Shahzaib3 months ago3 months ago02 mins

Figure AI has raised over $1 billion in Series C funding, reaching a $39 billion valuation. The round, led by Parkway and supported by Brookfield, NVIDIA, Salesforce, Intel, and others, highlights growing global confidence in humanoid robotics. Arcapita’s role underscores regional investors’ leadership in frontier AI technologies.

Sarat Ventures Y Innovations Biotech Fund Launches $50M Initiative for Saudi and MENA Life Sciences

Shahzaib3 months ago3 months ago03 mins

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.

Spoilz Secures Investment from Merak Capital, Impact46 to Power Saudi Gaming Ambitions

Shahzaib4 months ago4 months ago04 mins

Spoilz, a Saudi gaming studio, has secured investment from Merak Capital, Impact46, and others to expand development and LiveOps services. The funding will strengthen its pipeline of culturally relevant, globally scalable mobile games while supporting Saudi Arabia’s Vision 2030 goal of becoming a global gaming hub.

MENA Startup Funding Surges Past 2024 Total with $783M in July, Driven by Saudi and UAE Unicorns

Shahzaib4 months ago4 months ago04 mins

MENA startup funding hit $783M in July 2025, surpassing last year’s total in just seven months. Saudi Arabia and the UAE dominated with two unicorns—Ninja and XPANCEO—while Iraq and Morocco surprised with breakout deals. Deeptech and e-commerce led sector growth, but the gender funding gap remains severe.

Impact46 Injects $53M into Saudi Gaming Studio Kammelna to Scale Cultural IP

Shahzaib4 months ago4 months ago03 mins

Kammelna’s $53M funding marks a major boost for Saudi Arabia’s gaming ambitions. With over 6M downloads and 1M monthly users, the studio will now scale its culturally inspired portfolio under Vision 2030, as Impact46 positions it as a flagship for Saudi talent, digital culture, and global expansion.

Morocco’s Startup Ecosystem Accelerates Funding Amid Growing Pains, Highlights Need for Scale-Up Support

Shahzaib5 months ago5 months ago02 mins

Morocco’s startup funding surged to nearly $95 million in 2024, driven by a few high-value deals and growing interest in TravelTech and FinTech. However, early-stage dominance, limited exits, and a funding gap risk stalling growth. Strategic support in late-stage funding, M&A, and emerging tech is essential to unlock Morocco’s next phase of innovation-led economic expansion.

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Netcracker Completes Major Revenue Management Upgrade and Large-Scale Cloud Deployment for AIS

LG Channels Begins Mena Rollout with UAE Launch Bringing Free Entertainment Streaming To LG Smart TVs

Guinea Emerges as West Africa’s New Digital Transformation Powerhouse

Battlefield 6 Winter Update goes live with DLSS 4 and a gift in Arc Raiders for GeForce Gamers

Tarifica Highlights TRA Bahrain’s Qaren Platform, Powered by PlanScout, as a Model for Consumer Protection and Transparency

Russia Welcomes MENA Gaming Companies with Launch of Moscow Game Hub

Security Through Openness: A New Approach to Managing Vulnerabilities

Vertiv completes Acquisition of PurgeRite, Expanding Leadership in Liquid Cooling Services

Khazna Strengthens Saudi Digital Infrastructure with Dammam Data Center and New Country Head

Zain KSA and KoçDigital Join Forces to Drive Smart Manufacturing in Saudi Arabia

PulseTech Secures $3 Million to Strengthen Bangladesh’s Fight Against Counterfeit Medicines

FuturePlay Becomes First Korean VC to Partner with Saudi Investment Ministry, Deepening Korea–Middle East Startup Ties

Sri Lanka’s AI Startup Ecosystem Faces Funding and Policy Hurdles Despite World-Class Talent

Avanz Capital Egypt Joins Algebra Ventures’ Second Fund Through Landmark Secondary Transaction

Figure AI Secures $1 Billion in Series C Funding, Valuation Hits $39 Billion

Sarat Ventures Y Innovations Biotech Fund Launches $50M Initiative for Saudi and MENA Life Sciences

Spoilz Secures Investment from Merak Capital, Impact46 to Power Saudi Gaming Ambitions

MENA Startup Funding Surges Past 2024 Total with $783M in July, Driven by Saudi and UAE Unicorns

Impact46 Injects $53M into Saudi Gaming Studio Kammelna to Scale Cultural IP

Morocco’s Startup Ecosystem Accelerates Funding Amid Growing Pains, Highlights Need for Scale-Up Support