Startups

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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EdfaPay, a pioneering digital payment solutions provider, today proudly announced a landmark achievement: securing the coveted "PCI Mobile Payments on COTS (MPoC) Solutions," "PCI MPoC Software," and "PCI MPoC Services" certifications from…
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Data Guardians Network (D-GN), a decentralized platform transforming global human input into highly accurate, ethically sourced frontier training data for AI, has closed a US$5 million pre-seed round led by Saudi businessman Hamoud…
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Saudi-based personalized meal subscription platform Calo has secured $39 million in a Series B funding extension round, bringing its total Series B funding to $64 million. Latest funding round The latest funding round brings Calo’s…
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The artificial intelligence (AI) realm witnesses rapid developments around the world, reshaping the world of digital transformation and accelerating the pace of AI adoption. In this weekly newsletter, FollowICT is highlighting the most…
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African startups are witnessing significant developments. That’s why FollowICT Digital Economy Platform brings you a weekly roundup of the most important startup news across the continent. - 50 Finalists Selected for the Africa’s…
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Dxwand, the company known for empowering businesses with conversational AI, is proud to announce the launch of Merlinx—a game-changing, autonomous AI sales and customer service agent built for small and medium-sized businesses. Merlinx…
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Nice Deer, a leading innovator in Egypt’s health insurance technology (InsurTech) sector, proudly announces it has received official approval from the Financial Regulatory Authority (FRA) to establish Nice Deer for Financial Solutions…
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Egypt’s first fully digital and FRA-regulated SME financing platform, announced today that the company has successfully closed its seed round by raising US$3 million blended funding round, comprising both equity and debt. Investors…
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