Middle East

CyberArk — one of the army of larger security companies founded out of Israel — is acquiring Venafi, a specialist in machine identity, for $1.54 billion. 

CyberArk snaps up Venafi for $1.54B to ramp up in machine-to-machine security

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Fairgen ‘boosts’ survey results using synthetic data and AI-generated responses

The Israeli startup has raised $5.5M for its platform that uses “statistical AI” to generate synthetic data that it says is as good as the real thing.

8:00 am PDT • May 9, 2024
Fairgen ‘boosts’ survey results using synthetic data and AI-generated responses

Close to a decade ago, brothers Aviv and Matteo Shapira co-founded a company, Replay, that created a video format for 360-degree replays — the sorts of replays that have become…

Controversial drone company Xtend leans into defense with new $40 million round

High interest rates and financial pressures make it more important than ever for finance teams to have a better handle on their cash flow, and several startups are hoping to…

Israeli startup Panax raises a $10M Series A for its AI-driven cash flow management platform

Midas, a fintech startup that allows people in Turkey to invest in U.S. and Turkish equities, says it has raised $45 million in a funding round led by Portage of…

Equities platform Midas raises $45M Series A as fintech retains its sparkle in Turkey

Maniv, the VC firm based in Tel Aviv and New York City, has closed a $140 million that reflects its evolving investment ethos.

VC firm Maniv is growing in every direction, armed with a $140M new fund

A cybersecurity startup called Cyera is betting that the next big challenge in enterprise data protection will be AI, and it’s raising a big round of funding as demand picks…

AI is a data problem — Cyera is raising up to $300M on a $1.5B valuation to secure it

Qatar unveiled its startup investment program at the recent Web Summit through its development bank. The program aims to attract seed and growth-stage tech companies seeking to establish or expand…

Qatar reportedly has a $100M fund for startups

Honor of Kings, Tencent’s massively popular mobile game, has its eye set on the international market in 2024. Starting on February 21, the multiplayer online battle arena (MOBA) game will…

Tencent’s gaming cash cow Honor of Kings sets sights on MENA

KTrust, a Tel Aviv–based security startup, is taking a different approach to Kubernetes security from many of its competitors in the space. Instead of only scanning Kubernetes clusters and their…

KTrust launches an automated red team for Kubernetes security

Papaya Global bought a Super Bowl ad slot with the hope of the commercial driving brand recognition for the software company.

Why a B2B startup is placing a bet on a $7M Super Bowl ad

Securing generative AI-based applications from prompting attacks, ensuring that they don’t leak sensitive data or create malicious output or results that may violate privacy regulations is becoming a real business.…

Aim Security raises $10M for its GenAI security platform

Businesses are moving faster than ever to use generative AI and bring it to both their employees and users. Moving fast and security don’t always go hand-in-hand, though, so it’s…

Prompt Security wants to make GenAI safe for the enterprise

Gaining regulatory approval is a feat that has taken cultivated meat companies years to achieve.

Aleph Farms’ cultivated beef process receives blessing from Israeli government

The Israel-Hamas war has proved divisive to the tech industry. This is one of the first public stances in support for Palestine.

Tech for Palestine launches to provide tools to help support Palestinians

We’ve seen how non-dilutive, revenue-based financing has risen up the priority ranks for companies as the era of ZIRP — as the Zero Interest Rate Period is now lovingly and…

Revenue-based financing heats up in the Middle East as Flow48 attracts $25M in funding

On October 7, Hamas launched an unprecedented terrorist attack on Israel, killing more than 1,200 people, with hundreds taken hostage. The attack prompted a deadly response from the Israel Defense…

Thousands of new honeypots deployed across Israel to catch hackers

African payments company Paystack has reduced its operations outside of Africa, trimming its workforce in Europe and Dubai. This decision comes as part of a streamlining effort, particularly in markets…

Paystack reduces operations outside of Africa, affecting 33 employees in Europe and Dubai

InDrive, the “bid-based” ride-hail platform popular in Latin America and Asia, has launched a new venture and merger and acquisition division named New Ventures to invest up to $100 million…

InDrive launches ventures and M&A arm to invest $100M in startups across emerging markets

There is a growing group of startups looking to expand the BNPL model into other categories.

Deal Dive: BNPL expands beyond its roots — that’s a good thing

The past year and a half have witnessed multiple startups facing valuation cuts as funding from VCs waned in an environment of rising interest rates. In this context, fintechs, especially…

Buy now, pay later platform Tabby nabs $200M in Series D funding at $1.5B valuation

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African VCs and startups are eyeing the Middle East for new capital, but there’s a catch

African startup funding has seen a significant decline of more than 50% over the past three quarters compared to the previous year, as reported by The Big Deal. To date, startups on the continent have secured funding in the range of $2.5 billion to $3.4 billion, based on data from The Big Deal and Briter…

3:11 am PDT • October 26, 2023
African VCs and startups are eyeing the Middle East for new capital, but there’s a catch

Meta and TikTok have each been sent formal requests for information by the European Union under the bloc’s Digital Services Act (DSA), the Commission said today. In recent days, EU…

After X, Meta and TikTok get EU request for info on response to Israel-Hamas war

Founders get bombarded with invitations to events, and not all of them are worth it, but there are ways to figure out which will provide value.

How founders can cut through the noise and find events that are actually worth it

Gaza, despite being one of the most economically challenged regions in the world, has ironically always been a tech hub — not only for Palestine and Palestinians, but also for…

Palestine’s growing tech industry has been literally blown apart by the war between Israel and Hamas

The world is still coming to terms with Hamas’ deadly attacks on Israelis last weekend — and everything else that has unfolded so far in the aftermath, including the barrage…

Israel’s startup ecosystem: Down but not out

As social platforms like X (formerly Twitter), Meta and TikTok face off with regulators and the theater of public opinion for how they are handling incendiary and graphic content, disinformation,…

Telegram CEO, a criticised but cited source of Hamas videos, says app will continue to host ‘war-related content’

Following a content moderation warning from European Union regulators earlier this week, Meta has published an overview of how its responding to risks on its social media platforms stemming from…

Meta says it’s prioritizing livestreaming checks during Israel-Hamas war

Israeli biotech startup Mana.bio has been planning to launch its programmable drug treatment solution for months, and decided to forge ahead in spite of the attacks that happened this past…

Israeli biotech startup Mana.bio launches AI-fueled programmable drug therapy

In a very swift test of the European Union’s newly updated content moderation rulebook, the bloc has fired a public warning at Elon Musk–owned X (formerly Twitter) for failing to…

EU fires urgent warning at Elon Musk’s X over illegal content and disinformation following Hamas attacks