Saudi Arabia
Andreessen Horowitz is now openly courting capital from Saudi Arabia, despite US strains
Andreessen Horowitz is openly courting capital from Saudi Arabia, despite U.S. strains. According to Bloomberg, Marc Andreessen and Ben Horowitz appeared onstage with WeWork co-founder Adam Neumann to
Japan’s Terra Drone gets $14M lift from Saudi investors
Terra Drone said today it has raised $14 million in Series C funding from Wa’ed Ventures, the venture capital arm of Saudi Aramco, marking the VC firm’s first investment in Asia. The Jap
iPhone maker Foxconn and Saudi Arabia are going into the EV business
Saudi Arabia’s sovereign wealth fund has formed a joint venture with Foxconn to build and sell EVs, the latest move by the nation to meet its Vision 2030 goal of reducing its dependence on oil a
Invygo raises $10M to make long-term car subscription a breeze
Invygo, a startup operating in UAE and Saudi Arabia, has raised $10 million in its Series A funding led by MEVP as it works to scale its car rental service in the region. The Middle East-based startup
Apple may have given us a hint at its AR/VR headset’s name
Apple’s highly anticipated mixed reality headset may now have a name, according to a Bloomberg report earlier this week. The outlet spotted trademarks in the U.S. and global markets related to t
Dubai-based Stake raises $8 million to let people across the globe invest in local properties
Dubai-based startup Stake is offering retail investors from across the globe the opportunity to buy fractions of rental property in UAE’s marquee city and earn regular income. The startup, founded i
Aramco’s Prosperity7 powers AI drug firm Insilico’s $95M round
Hong Kong-based drug discovery and development company Insilico has secured fresh capital at a time that its CEO described as a “biotech winter.” The firm has raised $35 million on the hee
JusTalk spilled millions of user messages and locations for months
Popular messaging app JusTalk left a huge database of unencrypted private messages publicly exposed to the internet without a password for months. The messaging app has around 20 million international
Messaging app JusTalk is spilling millions of unencrypted messages
Popular video calling and messaging app JusTalk claims to be both secure and encrypted. But a security lapse has proven the app to be neither secure nor encrypted after a huge cache of users’ un
Google Cloud announces its first region in Mexico
Google Cloud today announced plans for its first cloud region in Mexico, its third in Latin America after Santiago, Chile and São Paulo, Brazil. The new region, which will be Google’s 35th, wil
This Week in Apps: Twitter Notes, Instagram age verification, Spotify’s Live Events
Welcome back to This Week in Apps, the weekly TechCrunch series that recaps the latest in mobile OS news, mobile applications and the overall app economy. The app industry continues to grow, with a re
Google Cloud opens a new region in Texas
Google Cloud today announced the launch of its new cloud region in Dallas, Texas, as it continues to expand its data center footprint around the world. The new region marks the company’s 11th re
Egyptian health and wellness platform Esaal raises $1.7M to scale across MENA
There’s a vast unmet demand for medical consultation in developing markets like Egypt due to low doctor supply. As of 2018, Egypt’s doctor to citizen ratio stood at 1:2,000; you can paint a pictur
Dallas County police add Tesla Model 3s to their fleet
Dallas County is the latest to tap EVs for law enforcement, adding three Tesla Model 3s to its police fleet. Local, state and federal governments worldwide have begun adding battery-electric models to
US charges four Russian spies for hacking Saudi oil facility and US nuclear power plant
The U.S. Department of Justice has announced charges against four Russian government employees for a years-long hacking campaign targeting critical infrastructure, including a U.S. nuclear power oper
Sequoia Capital India, STV back Dubai-based BNPL provider tabby in $54M extension round
Tabby, the Dubai-based buy now, pay later (BNPL) platform that lets users shop, pay later and earn cash from over 3,000 global brands, including Adidas, IKEA and Bloomingdale’s, has completed a
500 Global’s Christine Tsai shares her 2022 VC predictions
After incredible growth in the past two year, all signs point to a continued abundance of opportunities for startup founders and investors in the year ahead.
A new spyware-for-hire, Predator, caught hacking phones of politicians and journalists
While NSO Group was taking flak for hacking into the phones of journalists, activists and human rights defenders, an entire class of spyware makers and surveillance-for-hire outfits were operating as
EFF sues spyware maker DarkMatter for illegally hacking Saudi activist
The Electronic Frontier Foundation (EFF) has filed a lawsuit against spyware maker DarkMatter, along with three former members of U.S. intelligence or military agencies, for allegedly hacking the iPh
Egyptian fintech Sympl raises $6M for its ‘save now, pay later’ service
Buy now, pay later (BNPL) offerings have existed for a long time, but increased in popularity as the pandemic made more people shop online and conserve cash. Though BNPL has taken off in most parts of