Startups

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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As Africa’s digital economy accelerates, a wave of innovation is sweeping across the continent’s startup ecosystem. From Nigeria to South Africa, emerging companies are redefining education, commerce, agriculture, and travel. Here’s a…
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The Technology Innovation and Entrepreneurship Center (TIEC), of the Information Technology Industry Development Agency (ITIDA), has welcomed a new cohort of tech startups under the 47th round of its flagship incubation program, Start IT.…
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F6 Group, a newly formed entity integrating venture capital and entrepreneurial support, announces its official launch, anchored by two powerful arms: F6 Ventures, a newly launched seed-stage investment firm, and Flat6Labs, the region’s…
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Alaan, a UAE-based spend management platform, announced Tuesday that it has raised $48 million in an oversubscribed Series A funding round to accelerate its expansion in Saudi Arabia and enhance its suite of artificial intelligence…
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Suplyd, the Cairo-based digital procurement platform for restaurants, announced the successful raise of $2 million in a pre-Series A funding round. The investment was led by 4DX Ventures, Camel Ventures, and Plus VC, with participation from…
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