Entreprenuernewsnetwork

Spear AI Secures Seed Funding to Advance Maritime AI Solutions and Expand Global Reach

Spear AI, a cutting-edge developer of maritime artificial intelligence solutions, has successfully closed its seed funding round with backing from Scare the Bear Capital and Cortical Ventures. The fresh capital will drive the expansion of its Horizon platform, development of next-gen maritime sensor technologies, and the scaling of expert-led AI and data infrastructure services. Spear … Read more

Space42 Secures $695.5 Million ECA-Backed Financing for Next-Gen UAE Satellites Al Yah 4 & 5

space42

Abu Dhabi-based Space42, a prominent AI-driven space technology company, has secured a $695.5 million Export Credit Agency (ECA)-backed financing facility to advance the development of its next-generation geostationary satellites — Al Yah 4 and Al Yah 5. Backed by leading entities including Mubadala, G42, and the International Holding Company (IHC), Space42 announced that the financing … Read more

Saudi Arabia Breaks Venture Capital Records in H1 2025, Leads MENA with $860M in Funding

Saudi Arabia Breaks Venture Capital Records in H1 2025, Leads MENA with $860M in Funding

Riyadh, Saudi Arabia – Saudi Arabia’s venture capital landscape reached unprecedented heights in the first half of 2025, with a total VC investment of $860 million (SAR 3.2 billion) — a 116% increase compared to H1 2024, according to the newly released “H1 2025 Saudi Arabia Venture Capital Report” by MAGNiTT, in collaboration with Saudi … Read more

Journify Reports 5X Revenue Growth, Doubles Valuation Amid GCC Expansion

Journify, the UAE-based AI-powered data activation platform, is transforming how GCC brands leverage first-party data for measurable growth. Image Courtesy: Journify

Dubai, UAE – Journify, a UAE-based AI-powered data activation platform, is redefining how brands across the GCC region leverage first-party data to drive measurable marketing outcomes. With an impressive 5x revenue growth and a doubled company valuation within just six months, Journify is rapidly expanding operations in Saudi Arabia, the UAE, and across the Gulf, … Read more

Cooler Heads Secures $11M Series A Funding to Expand FDA-Cleared Scalp Cooling System for Chemotherapy Patients

Amma provides infusion centers and patients the flexibility to scalp cool where it is most convenient.

Cooler Heads, a trailblazing medical device company, has successfully closed an oversubscribed $11 million Series A funding round to accelerate the manufacturing and commercial rollout of Amma™, the first and only FDA-cleared Portable Scalp Cooling System designed to reduce chemotherapy-induced hair loss. Amma™ offers a groundbreaking solution to one of the most distressing side effects … Read more

Dubai Chambers to Host Fourth International Dubai Business Forum in New York City on November 12

H.E.Mohammad Ali Rashed Lootah, President & CEO of Dubai Chambers. Image courtesy: Dubai Chambers

Dubai, UAE / New York, USA – July 2025 – Dubai Chambers has officially announced that the fourth international edition of the Dubai Business Forum will be held in New York City on 12 November 2025, marking a key milestone in its global expansion strategy. The event is part of the organization’s broader effort to … Read more

Qlub Secures $30 Million to Revolutionize Contactless Dining Globally

Qlub founders Eyad Alkassar and Mahmoud Fouz. Image Courtesy: Shorooq

Dubai, UAE – Qlub, a leading innovator in ultra-fast, contactless payment solutions for restaurants, has successfully raised $30 million in its latest funding round. Co-led by Shorooq Partners and Cherry Ventures, the round saw participation from strategic backers including e&, Mubadala Investments, and Legend Capital. This substantial funding milestone strengthens Qlub’s ambition to scale its … Read more

Sdui Group Secures Strategic Investment from Bain Capital to Accelerate European EdTech Expansion

Sdui Group Receives Strategic Investment

Koblenz, Germany / London: Sdui Group, a prominent European provider of cloud-based administrative software for K-12 schools, has announced a significant growth investment led by Bain Capital’s Tech Opportunities fund. Existing backers HV Capital and High-Tech Gründerfonds (HTGF) also participated in the round, reaffirming their confidence in Sdui’s long-term vision. The newly raised funds will … Read more

LeadStory Raises $2.75M In Seed Funding

LeadStory

LeadStory, the on-demand personalized news streaming platform redefining how news is consumed, today announced $2.75M in Seed funding along with the launch of its revolutionary AI video search functionality. The round was led by Checker Media, founded by former VICE Media Global President Jesse Angelo and also included American Public Media Group’s Horizon Fund, along with follow-on investment from … Read more

GSSG Chikuden Launches with $400 Million Commitment from Vision Ridge Partners to Advance Japan’s Battery Storage Infrastructure

GSSG Chikuden, LLC (“GSSG Chikuden”), a new utility-scale battery energy storage developer focused on accelerating Japan’s clean energy transition, has officially launched operations with a landmark US$400 million commitment from Vision Ridge Partners, a global sustainable real assets investor. This strategic investment will support the development, construction, and operation of grid-scale battery energy storage systems … Read more

Rwazi Raises $12M Series A to Advance Real-Time AI Copilot for Enterprise Decision-Making

Rwazi, an AI-driven decision intelligence startup, has raised $12 million in Series A funding to accelerate the development of its AI copilot and simulation engine — a platform designed to replace instinct-driven decision-making with real-time, data-backed insights. The round positions Rwazi to expand its global infrastructure and deliver actionable intelligence to enterprise teams navigating rapidly … Read more

Diriyah Company Awards $1.53 Billion Construction Contract to China Harbour Engineering for Diriyah Arena Block

The Diriyah Arena Superblock

In a major development aligned with Saudi Arabia’s Vision 2030, Diriyah Company has awarded a SAR 5.75 billion ($1.53 billion) contract to the Branch of China Harbour Engineering Company Ltd. for the construction of the Arena Block—a dynamic new district in the heart of Diriyah that will feature the multi-purpose Diriyah Arena, three mixed-use office … Read more

Heron Raises $16M in Series A Funding

Heron-team

Heron, a startup using AI to automate workflows in business lending, equipment finance, and insurance, has raised $16 million in Series A funding led by global software investor Insight Partners, with participation from existing investors Y-Combinator, BoxGroup and Flex Capital. The Series A will support Heron’s next phase of expansion, helping the company scale its AI-driven solutions to … Read more

XTEND Raises $30M in Series B Extension Funding

XTEND

XTEND, a leader in AI-powered tactical autonomous robotic systems, today announced that Aliya Capital Partners and Protego Ventures have co-led a strategic $30M extension to its $70M Series B funding round, joining participating investors: Len Blavatnik’s Claltech, Union-Tech Ventures and Chartered Group. XTEND’s AI-powered systems are actively used by the U.S. Department of Defense, Singapore, Europe, the UK, and the Israel Defense Force to improve … Read more

Circle Games Secures $7.25M in Seed Funding to Expand Globally with Mobile Puzzle Hit “Sort Express”

Circle Games

Istanbul, Turkey – Circle Games, a rising mobile gaming studio based in Istanbul, has raised $7.25 million in a seed funding round to scale its breakout title Sort Express and expand its global presence. The round was led by BITKRAFT Ventures, with participation from top-tier investors including a16z Speedrun, Play Ventures, e2vc, and APY Ventures. … Read more

Water Harvesting Inc. Raises $8M Series A-1 to Accelerate Commercial Rollout of Atmospheric Water Technology

Frank Ramirez, CEO (Photo: AETOSWire)

Fremont, California-based Water Harvesting Inc. (WaHa), a leading climate technology startup, has secured $8 million in Series A-1 funding to scale its next-generation atmospheric water generation (AWG) systems. The round also included a corporate reorganization, aimed at streamlining operations and fueling commercial expansion in global arid regions. The funding round was led by Chairman Mike … Read more