Startups

Maalexi, a UAE-based B2B food and agriculture platform, has secured an Islamic credit facility of up to $20 million from Amwal Capital Partners, an independent alternative investments firm. The agreement begins with an initial $5 million…
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Holo, a fintech platform reinventing how people buy homes in the UAE, has announced that it has raised $22 million in one of the largest Series A rounds in the GCC in 2025. The investment round was led by Saudi Arabia’s Impact46, with…
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Entlaq, in partnership with El Gouna, is proud to announce the launch of the third edition of the Egyptian Entrepreneurship Sector Diagnostics Report (SDR 2025), taking place in El Gouna from September 24 to 26, 2025. Now recognized as an…
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As Africa’s startup ecosystem continues to evolve, FollowICT highlights the week’s most significant developments across the continent—from venture studio breakthroughs in Nigeria to strategic capital flows in East Africa and beyond.…
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The New York-based startup, Eight Sleep, announced Tuesday that it raised a fresh $100 million round from investors such as HSG, Valor Equity Partners, Founders Fund, Y Combinator and athletes including Ferrari F1 driver Charles Leclerc,…
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As artificial intelligence continues to reshape industries and institutions worldwide, FollowICT’s Digital Economy platform presents a weekly roundup of the most consequential developments in AI. From billion-dollar valuations to…
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Shahbandr, a leading enabler of e-commerce and digital transformation in Saudi Arabia and the Middle East and North Africa, and Tamara, the region’s leading provider of Buy Now, Pay Later (BNPL) solutions, partnered to empower online stores…
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In recent years, companies have started to focus on understanding brand perception and customer sentiment toward their products, creating a market for monitoring and analytics. The global social media analytics market was valued at $13.47…
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Perle, an AI training data platform powered by Web3 that brings human wisdom to AI models, today announced it has closed a $9 million seed round led by Framework Ventures. The round brings Perle’s total funding to $17.5 million across its…
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As artificial intelligence continues to reshape industries at breakneck speed, FollowICT presents a weekly roundup of the most consequential developments in the AI landscape—from corporate shakeups to geopolitical tensions. OpenAI’s…
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