Saudi Arabia
Stake raises $14M to bring its fractional property investment platform to Saudi Arabia, Abu Dhabi
Dubai-based fractional property investment platform Stake has raised $14 million in Series A funding.
Agritech company Iyris helps growers across eleven countries globally increase crop yields, reduce input costs, and extend growing seasons.
Lucid Motors raises another $1 billion from Saudi Arabia as it searches for luxury EV buyers
Lucid Motors is raising another $1 billion from its biggest financial backer, Saudi Arabia, as it looks to blunt the high costs associated with building and selling its luxury electric…
Tamara, a buy now, pay later platform for consumers in Saudi Arabia and the wider GCC region, has raised $340 million in a financing round that values the fintech at…
For Chinese electric car manufacturers, Europe has long been a priority destination for international expansion. With its affluence, environmental consciousness and relatively friendly attitude toward China, the continent has attracted…
Andreessen Horowitz is openly courting capital from Saudi Arabia, despite U.S. strains. According to Bloomberg, Marc Andreessen and Ben Horowitz appeared onstage with WeWork co-founder Adam Neumann to talk for…
Terra Drone said today it has raised $14 million in Series C funding from Wa’ed Ventures, the venture capital arm of Saudi Aramco, marking the VC firm’s first investment in…
Saudi Arabia’s sovereign wealth fund has formed a joint venture with Foxconn to build and sell EVs, the latest move by the nation to meet its Vision 2030 goal of…
Invygo, a startup operating in UAE and Saudi Arabia, has raised $10 million in its Series A funding led by MEVP as it works to scale its car rental service…
Apple’s highly anticipated mixed reality headset may now have a name, according to a Bloomberg report earlier this week. The outlet spotted trademarks in the U.S. and global markets related…
Dubai-based Stake raises $8 million to let people across the globe invest in local properties
Dubai-based startup Stake is offering retail investors from across the globe the opportunity to buy fractions of rental property in UAE’s marquee city and earn regular income. The startup, founded…
Hong Kong-based drug discovery and development company Insilico has secured fresh capital at a time that its CEO described as a “biotech winter.” The firm has raised $35 million on…
Featured Article
JusTalk spilled millions of user messages and locations for months
Popular messaging app JusTalk left a huge database of unencrypted private messages publicly exposed to the internet without a password for months. The messaging app has around 20 million international users, while Google Play lists JusTalk Kids, billed as a child-friendly version of its messaging app, has racked up over…
Popular video calling and messaging app JusTalk claims to be both secure and encrypted. But a security lapse has proven the app to be neither secure nor encrypted after a…
Google Cloud today announced plans for its first cloud region in Mexico, its third in Latin America after Santiago, Chile and São Paulo, Brazil. The new region, which will be…
This Week in Apps: Twitter Notes, Instagram age verification, Spotify’s Live Events
Welcome back to This Week in Apps, the weekly TechCrunch series that recaps the latest in mobile OS news, mobile applications and the overall app economy. The app industry continues…
Google Cloud today announced the launch of its new cloud region in Dallas, Texas, as it continues to expand its data center footprint around the world. The new region marks…
There’s a vast unmet demand for medical consultation in developing markets like Egypt due to low doctor supply. As of 2018, Egypt’s doctor to citizen ratio stood at 1:2,000; you…
Dallas County is the latest to tap EVs for law enforcement, adding three Tesla Model 3s to its police fleet. Local, state and federal governments worldwide have begun adding battery-electric…
The U.S. Department of Justice has announced charges against four Russian government employees for a years-long hacking campaign targeting critical infrastructure, including a U.S. nuclear power operator and a Saudi petrochemical…
Tabby, the Dubai-based buy now, pay later (BNPL) platform that lets users shop, pay later and earn cash from over 3,000 global brands, including Adidas, IKEA and Bloomingdale’s, has completed…
After incredible growth in the past two year, all signs point to a continued abundance of opportunities for startup founders and investors in the year ahead.
Featured Article
A new spyware-for-hire, Predator, caught hacking phones of politicians and journalists
While NSO Group was taking flak for hacking into the phones of journalists, activists and human rights defenders, an entire class of spyware makers and surveillance-for-hire outfits were operating as normal, largely unnoticed. These private surveillance groups develop and deploy never-before-seen exploits that quietly hack into and steal the contents…
The Electronic Frontier Foundation (EFF) has filed a lawsuit against spyware maker DarkMatter, along with three former members of U.S. intelligence or military agencies, for allegedly hacking the iPhone of a…
Buy now, pay later (BNPL) offerings have existed for a long time, but increased in popularity as the pandemic made more people shop online and conserve cash. Though BNPL has…
E-commerce roll-up play Opontia launched in June, raising $20 million in debt and equity to acquire older, small e-commerce brands in the Middle East and Africa. Today, the company confirmed…
Egypt-based celebrity platform Minly acquires Dubai’s Oulo to consolidate its position in the GCC
Minly, a MENA-based media and entertainment startup, announced today that it has acquired Oulo, a Dubai-based celebrity shoutout platform, for an undisclosed fee. The acquisition is coming six months after…
Jordan-based mobile game publisher Tamatem announced today it has raised $11 million in a Series B led by KRAFTON, a South Korean game developer behind PUBG, marking its first investment in the…
Quick-commerce startup YallaMarket eyes Saudi Arabia and Qatar next year after U.A.E expansion
YallaMarket, a Dubai-based quick-commerce startup, is planning to expand within the United Arab Emirates (U.A.E), and to enter Saudi Arabia and Qatar next year, to tap the appetite for speedy…
Apple has launched a lawsuit against NSO Group, the maker of the nation-state spyware Pegasus, seeking a permanent injunction to prevent the spyware maker from using any Apple product or…
