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News
Gaia raises $1.5M led by SEEDRA to build sovereign AI layer for Saudi enterprises
5+ day, 22+ hour ago (399+ words) 💸 MENA VC Playbook 📘 MENA Founder Playbook The Riyadh startup is building a permission-aware search, assistant and AI agent layer across companies’ internal systems, with data kept inside Saudi or deployed on-premise. Saudi enterprise AI startup Gaia has raised $1.5 million in…...
HUMAIN starts IPO preparations 16 months after launch, with revenues still undisclosed
6+ day, 16+ hour ago (859+ words) 💸 MENA VC Playbook 📘 MENA Founder Playbook The Saudi AI company says its compute is selling before it is built, but an eventual public-market pitch will need to show who is paying for it and how much demand comes from outside…...
Sav raises $3.5M pre-Series A led by Phoenix Venture Partners for Saudi expansion
6+ day, 15+ hour ago (483+ words) The UAE consumer fintech has broadened from a savings app into a regulated personal-finance platform spanning cards, investments and account aggregation, taking total funding to about $6 million. UAE consumer fintech Sav has raised $3.5 million in a pre-Series A round led…...
Usman Gul’s Metal raises $4.5M seed backed by a16z, YC and Phaze Ventures
1+ week, 5+ day ago (376+ words) 💸 MENA VC Playbook 📘 MENA Founder Playbook Round follows an earlier investment from Oman’s Phaze Ventures, with the fundraising software startup saying paying customers have raised more than $500M through its platform this year. Metal, the AI fundraising startup founded by former…...
HUMAIN invests in Arabic.AI and Tarjama to expand Saudi enterprise AI offering
1+ week, 5+ day ago (434+ words) 💸 MENA VC Playbook 📘 MENA Founder Playbook Undisclosed investment brings Nour Al Hassan’s Arabic language technology business into the PIF-backed AI group’s growing application stack. HUMAIN has made an undisclosed strategic investment in Arabic.AI and Tarjama, partnering with the companies…...
Saudi edtech AILA raises $3M pre-Series A led by Rua Growth Fund
3+ week, 4+ day ago (334+ words) 💸 MENA VC Playbook 📘 MENA Founder Playbook Jordanian edtech Jo Academy also joins the cap table as a strategic investor alongside 500 Global, Bunat Ventures and Fikr Ventures, backing a platform whose AILA Tests product runs personalised exam preparation in Saudi schools....
HeyBreez raises $2.5M seed led by Lunara Partners as call volumes pass one million a month
3+ week, 4+ day ago (463+ words) 💸 MENA VC Playbook 📘 MENA Founder Playbook The oversubscribed round brings in Jabbar Group alongside returning backer DASH Ventures, seven months after the company's $1.3 million pre-seed. HeyBreez, the enterprise voice AI company formerly known as Breez AI, has raised an oversubscribed…...