Entrepreneur News Network

Binance and Franklin Templeton to develop digital assets initiatives and products

Binance, the world’s leading cryptocurrency exchange by trading volume and users, and Franklin Templeton, a global investment leader with $1.6 trillion in assets under management, announced a collaboration to build digital asset initiatives and solutions tailored for a broad range of investors. The firms will explore ways to combine Franklin Templeton’s expertise in the compliant tokenization … Read more

Tidal Cyber Secures $10 Million Series A Funding to Advance Threat-Led Defense in Cybersecurity

Tidal Cyber c-founders Frank Duff, Richard Struse, and Rick Gordon

Virginia-based cybersecurity company Tidal Cyber, a pioneer in Threat-Led Defense, has raised $10 million in Series A funding, signaling a major step forward in the fight against evolving cyber threats. The funding round was led by Bright Pixel Capital, with participation from existing investors, and will fuel product innovation, platform expansion, and company growth. With … Read more

ID.me Raises $340 Million to Combat AI-Driven Fraud

ID.me

ID.me, trusted by more than 152 million users to securely prove their identity online, has raised $340 million across a Series E financing announced today and its recent credit facility, at a valuation exceeding $2 billion. The Series E round was led by Ribbit Capital, with participation from existing investors Ares Credit funds and Moonshots Capital, as well as new … Read more

Central Secures $8.6M Seed Funding to Redefine Startup Back-Office with AI

Central

Central, the first autonomous back-office platform purpose-built for startups, has raised $8.6 million in seed funding led by First Round Capital, with participation from Y Combinator, Ritual Capital, Multimodal Ventures, Alumni Ventures, Surgepoint Capital, and several high-profile founders including Kulveer Taggar (Zeus), JJ Fliegelman (WayUp), and Richard Aberman (WePay). Central is designed for the next … Read more

Heave Raises $7M Series A to Deliver 24-Hour Heavy Equipment Repair and Transform Technician Earnings

Heave

Heave, the platform connecting construction companies with on-demand heavy equipment mechanics, today announced a $7 million Series A round led by Outsiders Fund, with continued support from FJ Labs, Long Journey Ventures, and Slow Ventures. The new capital brings Heave’s total funding to $13 million and will be used to fuel market expansion, customer acquisition, and team growth. Operating like … Read more

Integrated Holistic Communications Appoints Beatriz Meirelles as Business Development Director to Strengthen Hospitality Portfolio

Beatriz Meirelles, Business Development Director, IHC. Image Courtesy: IHC

Integrated Holistic Communications (IHC) has announced the appointment of Beatriz Meirelles as its new Business Development Director, marking her return to the agency more than a decade after she first worked there. Meirelles, who previously headed IHC’s promotions department, brings over a decade of experience in sales, events, and hospitality management across the GCC. Her … Read more

Vennre named Dr. Ibrahim Almojel as Chairman of its Saudi Board

Dr. Ibrahim Almojel

Vennre, a fast-growing wealth creation platform, has announced the appointment of Dr. Ibrahim Almojel as Chairman of its Board of Managers in Saudi Arabia. The move underscores the company’s commitment to building a strong footprint in the Kingdom, aligning with its ambition to support Saudi Arabia’s economic growth and its position as a regional fintech … Read more

Ras Al Khaimah named global tourism leader Phillipa Harrison as CEO of RAKTDA

Phillipa Harrison

The Government of Ras Al Khaimah has announced the appointment of Phillipa Harrison, former Managing Director of Tourism Australia, as the new Chief Executive Officer of Ras Al Khaimah Tourism Development Authority (RAKTDA). Harrison will lead the Emirate’s ambitious vision to position itself as the “Destination of the Future”, bringing with her extensive experience in … Read more

CVector Energy Raises $1.5M Pre-Seed Funding to Build AI-First Industrial Data Infrastructure

CVector Energy, a pioneering startup developing the data backbone for industrial AI, has announced a $1.5 million pre-seed funding round led by Schematic Ventures. The funding will accelerate CVector’s mission to enable AI-native operations across factories, critical infrastructure, and advanced manufacturing environments. Building AI-Ready Infrastructure for Industry Founded in November 2024 by former engineers and … Read more

Definite Raises $10 Million Seed Round to Deliver AI-Native Data Stack

Definite AI

Definite, a full-stack AI-native data platform, today announced a $10 million seed round led by Costanoa, with participation from Acrew Capital and strategic angels. The funding will accelerate product development and go-to-market hiring as Definite scales adoption among enterprises. Most companies juggle a costly mix of tools: a warehouse like Snowflake, an ETL service like Fivetran, and … Read more

Baker Tilly International Expands in the Middle East with Launch of UAE Member Firm Led by Saad Maniar

Baker Tilly International, a top 10 global network of accounting and advisory firms with presence in over 140 countries and with over 43,000 people, has announced the official launch of its new member firm in the United Arab Emirates. Headquartered in Dubai and led by newly appointed CEO and Managing Partner Saad Maniar, the UAE firm … Read more

Maaden appoints Donovan Waller as Chief Technology Officer

Donovan Waller

Riyadh, Saudi Arabia: Maaden, Saudi Arabia’s leading mining and metals company – and the largest multi-commodity mining firm in the Middle East – has appointed Donovan Waller as Chief Technology Officer. A strategic step that reinforces our commitment to innovation and the integration of advanced technologies across our operations. Donovan brings more than three decades of … Read more

Xpand Secures $6 Million to Launch AI-Powered Autonomous Retail Stores

Retail technology startup Xpand has announced a $6 million funding round led by Ibex Investors and Emerge, with participation from the company’s executive team, including Chairman and CEO Joel Bar-El. The investment reflects strong confidence in Xpand’s vision to revolutionize the retail landscape through autonomous, AI-powered store technology. Founded in 2021 as 1MRobotics and recently … Read more

HashKey Exchange Partners with IVD Medical to Advance Enterprise Digital Asset Adoption in Hong Kong

HashKey Exchange, Hong Kong’s largest licensed virtual asset trading platform, has announced a strategic partnership with IVD Medical Holdings Limited (1931.HK), a publicly listed company on the Hong Kong Stock Exchange. The collaboration aims to drive enterprise-level digital asset adoption and explore innovative models for integrating blockchain technology with industrial capital. In a groundbreaking move, … Read more

Citi Appoints Tahany Taher as UAE Head of Treasury and Trade Solutions & Corporate, Commercial & Public Sector Sales

Tahany Taher

Citi has announced the appointment of Tahany Taher as the new Head of Treasury and Trade Solutions (TTS) and Corporate, Commercial & Public Sector Sales (CCPS) for the United Arab Emirates (UAE). She will report directly to Vivek Vaidyanathan, TTS & CCPS Head for the Middle East and Pakistan. In her new role, Taher will … Read more

Fincantieri Appoints Eugenio Santagata as Director of Naval Vessels Division, Effective September 1

Eugenio Santagata

Fincantieri, one of the world’s leading shipbuilding groups, has announced the appointment of Eugenio Santagata as the new Director of its Naval Vessels Division, effective September 1, 2025. Santagata will take over from Dario Deste, who is set to retire following an illustrious career within the company. Deste will, however, continue to support the CEO … Read more

NetApp Appoints Saeed Al-Zahrani as General Manager for Saudi Arabia to Accelerate Digital Transformation Initiatives

Saeed Al-Zahrani as General Manager for Saudi Arabia. Image courtesy: NetApp

Riyadh, Saudi Arabia — NetApp® (NASDAQ: NTAP), a global leader in intelligent data infrastructure, has announced the appointment of Saeed Al-Zahrani as General Manager for Saudi Arabia, marking a significant move to strengthen its commitment to the Kingdom’s digital transformation agenda. In his new role, Al-Zahrani will lead NetApp’s strategic operations in the region, focusing … Read more

PwC Middle East Report Highlights the Urgent Need to Equip MENA Youth with Entrepreneurial Capabilities

PwC

Dubai, UAE – A newly released report by PwC Middle East, titled “Why Entrepreneurial Capabilities Are Key to Empowering MENA’s Youth”, underscores the critical need to foster entrepreneurial mindsets, skills, and behaviours among the region’s youth to drive inclusive economic growth and innovation. With youth under the age of 25 comprising nearly 50% of the … Read more

Resilience Media Secures Seed Funding to Advance Defence Tech Media Ecosystem Across NATO

Resilience Media

London, UK – Resilience Media, a security-first media platform focused on NATO’s defence technology sector, has raised an undisclosed amount in seed funding to expand its operations and further its development efforts. While the investors remain unnamed, the funding reflects growing interest in the intersection of media, technology, and national security. Founded by Leslie Hitchcock, … Read more

Wattch Secures $6 Million Seed Funding to Accelerate Growth in Renewable Energy Monitoring and Control

Wattch

Atlanta, GA – August 5, 2025 — Wattch, a leading monitoring and controls provider for commercial and distribution-scale solar and battery storage systems, has announced the successful closure of its $6 million Seed funding round. The round was led by Spero Ventures, with additional participation from prominent investors Christopher Klaus and Paul Grana. This fresh … Read more