Startups

Entrepreneurs and startups.

33 Articles

Startups

Terra Industries Raises $52 Million in Seed Round to Build Defense Infrastructure for the Global South

Defense technology company Terra Industries announced that it has raised an additional $18 million, bringing its total seed round to $52 million. The company plans to expand manufacturing and develop autonomous systems, drones, and mine-detection vehicles, while expanding in London and the United States.

2026-08-17

Startups

Sonic Fire Tech Raises $15 Million to Develop an Acoustic Fire-Suppression System

The U.S. startup Sonic Fire Tech has raised $15 million to develop a system that uses low-frequency sound waves to extinguish fires within seconds, without relying on water or chemicals. The round will fund hiring and the tests required to obtain approval from the National Fire Protection Association.

2026-08-17

Startups

Nuclear Fusion Startups Raised More Than $100 Million

Nuclear fusion startups have raised $7.1 billion to date, but most of the funding has been concentrated in a limited number of companies. This report reviews the companies whose private funding has exceeded $100 million, along with their differing technologies and announced commercial timelines.

2026-08-15

Startups

Naran raises $10 million to finance expansion in driver mobility solutions

Naran, a mobility financing and fleet management company, has raised $10 million in a combination of debt and equity financing from Emirati investment firm Landel. The company will use the funds to expand its fleets in existing markets, enter new markets including the Middle East and North Africa, and launch new fintech products.

2026-08-15

Startups

Qatar’s Rasmal Ventures Invests in Yuno’s $45 Million Funding Round

Rasmal Ventures joined the Series B funding round of payments infrastructure company Yuno, led by Global PayTech Ventures with participation from investors including Andreessen Horowitz and Tiger Global. The move coincides with Qatar becoming the company’s regional hub in the Gulf Cooperation Council countries.

2026-08-15

Startups

Arab Therapy Raises $2 Million in Pre-Series A Round to Expand in Saudi Arabia and the Region

Digital mental health platform Arab Therapy, which provides services in Arabic, has raised $2 million in a pre-Series A funding round led by Manara Ventures, with participation from Anara Impact Fund and Value Makers Studio. The company will use the funding to expand in Saudi Arabia and the region and develop its AI-powered platform.

2026-08-15

Startups

Cobi Raises $1 Million in Pre-Seed Round Led by Lunara Partners

UAE-based startup Cobi has raised $1 million in a pre-seed round to expand enterprise deployments in the Middle East and international markets and develop its platform for turning customer signals into actionable decisions and actions. Plug and Play, Annex Investments, and Spring participated in the round.

2026-08-15

Startups

UMAMI Launches AI-Powered LOS Platform with Investment Exceeding $1 Million

Egyptian educational technology company UMAMI has launched the LOS system, a smart infrastructure designed to connect learning, skills, workforce readiness, performance, and institutional decision-making within a single system. The company is supporting the platform’s development and expansion in Egypt and the region through phased investment exceeding EGP 50 million.

2026-08-15

Startups

Saudi Construction Platform Fitting Raises $1.1 Million in Its Second Investment Round

Saudi platform Fitting, which specializes in digitizing supply chains in the construction sector, has closed a second Seed funding round worth $1.1 million, with participation from an undisclosed strategic investor from the contracting and real estate development sector. The company intends to use the funding to expand into key Saudi markets, develop its technology infrastructure, and strengthen its operational and technical capabilities.

2026-08-15

Startups

Saudi Platform OORI Obtains Capital Market Authority License to Begin Arrangement and Advisory Activities

Saudi private-markets investment platform OORI has obtained a license from the Capital Market Authority to conduct arrangement and advisory activities, paving the way for the start of its operations. In its first phase, the platform is focusing on providing qualified investors with Shariah-compliant investment opportunities in technology companies.

2026-08-15

Startups

UAE’s Shaffra Expands Beyond the Gulf with Regional Headquarters in Azerbaijan

Shaffra, which specializes in AI-powered workforce platforms for enterprises, has opened a regional headquarters in Azerbaijan to enter the Caspian region for the first time. The company will offer contact center, sales, and project management solutions there as part of a broader international expansion plan.

2026-08-15

Startups

Saudi Company RIME Raises More Than $2 Million in Seed Funding Round

Saudi operational artificial intelligence solutions company RIME has raised more than $2 million in a seed round led by SEEDRA Ventures, with participation from other investors. The company plans to use the funding to expand its presence in Saudi Arabia and accelerate development of its platform, which operates artificial intelligence agents within operational sites.

2026-08-15

Startups

Saudi AI Company MOZN Receives Strategic Investment from HUMAIN

MOZN has received a strategic investment from HUMAIN alongside a partnership to develop sovereign AI solutions for financial institutions and the public sector. The first phase focuses on financial crime prevention, knowledge intelligence, governance, risk and compliance, with the first applications to be unveiled at LEAP Riyadh and broader commercial availability planned for the second half of 2026.

2026-08-15

Startups

Databricks Leads the Largest U.S. Funding Rounds With $5 Billion in a Week

Databricks topped the list of the largest U.S. startup funding rounds from August 8 to 14, 2026, after raising $5 billion and increasing its valuation to $190 billion. The list also included companies in artificial intelligence, electricity storage, defense, data center networks, and biotechnology.

2026-08-14

Startups

40 Companies Join the Unicorn List in July, the Highest Monthly Total in More Than Four Years

The Crunchbase Unicorn Board recorded the addition of 40 new private companies during July 2026, including three companies valued at more than $10 billion, while the United States accounted for 19 of the new additions. Financial services, robotics, artificial intelligence, energy and semiconductors were the sectors most represented.

2026-08-14

Startups

Kog Bets on Deeper Software Optimization to Extract More Performance from GPUs

The French startup Kog believes traditional graphics processing units can still deliver higher speeds for AI model inference through deep software improvements. But it must first prove that its approach, which achieved 3,000 tokens per second with a small model, works with larger language models.

2026-08-14

Startups

Databricks Raises $5 Billion After Investor Demand Exceeds $15 Billion

Ali Ghodsi said Databricks had targeted raising only $1 billion, but investor interest prompted it to expand the round, which raised the company’s valuation to $190 billion. The company plans to use the capital to fund its expansion in artificial intelligence, research, and acquisitions.

2026-08-13

Startups

Reservoir Raises $8 Million to Develop Smart Water Heaters Serving Homes and the Power Grid

Reservoir raised $8 million in seed funding to expand the installation of heat-pump water heaters, hot-water demand forecasting, and plumbing leak detection. The company aims to install approximately 1,000 devices in the Boston area by the end of next year, compared with around 100 devices so far.

2026-08-12