Middle East

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

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

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

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 up for it. The compa

Qatar reportedly has a $100M fund for startups

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 ope

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

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 be ava

KTrust launches an automated red team for Kubernetes security

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 con

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

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

Aim Security raises $10M for its GenAI security platform

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 becom

Prompt Security wants to make GenAI safe for the enterprise

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 only now

Aleph Farms’ cultivated beef process receives blessing from Israeli government

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

Tech for Palestine launches to provide tools to help support Palestinians

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

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

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 somewhat longingly know

Thousands of new honeypots deployed across Israel to catch hackers

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 For

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

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 market

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

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 millio

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

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

Building digital infrastructure for developing countries with Nasrat Khalid from Aseel

Host Becca Szkutak is joined by our old friend Darrell Etherington to talk with Nasrat Khalid of Aseel.

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

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

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

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

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 regulators ha

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

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.
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