The startup ecosystem in the Middle East and North Africa (MENA) region experienced a significant increase in funding in April 2025, reaching a total of $228.4 million across 26 deals. This amount represents a 105 percent increase compared to the previous month and an almost 300 percent rise from the same period last year, according...
Dubai-based business advisory firm Terex Ventures successfully wrapped up its Official Demo Day Series at Zentral, World Trade Center (WTC), Dubai. The event attracted a global network of venture capitalists, angel investors, and family offices from the UAE, India, Europe, and beyond. This Demo Day focused on high-impact startups that are addressing real-world challenges in...
Hub71, the tech ecosystem based in Abu Dhabi, announced on Thursday that startups within its network secured a record $2.17 billion (Dh8.02 billion) in funding during 2024. This amount marks a significant 44.7% increase compared to the $1.5 billion raised in 2023. Additionally, the revenue generated by these startups rose to $1.2 billion, up from...