Middle East
CoinDCX, India’s leading cryptocurrency exchange, is expanding internationally through the acquisition of BitOasis, a digital asset platform in the Middle East and North Africa, the companies said Wednesday. The Bengaluru-based…
Defense tech and ‘resilience’ get global funding sources: Here are some top funders
We live in a very different world since the Russian invasion of Ukraine in 2022 and Hamas’s October 7 attack on Israel. With global military expenditure reaching $2.4 trillion last…
Connect Money scores $8M to enable non-bank businesses to offer embedded finance services
Banking-as-a-service (BaaS) platforms have become instrumental in driving access to digital financial services by introducing fintech capabilities to non-bank businesses. Multiple businesses are tapping these platforms to circumvent the need…
Stake raises $14M to bring its fractional property investment platform to Saudi Arabia, Abu Dhabi
Dubai-based fractional property investment platform Stake has raised $14 million in Series A funding.
Spend management startup SiFi raises $10M to grow further in Saudi Arabia
The global spend management sector is experiencing a tailwind of sorts. North America is arguably the biggest market in this space, but spend management companies have seen demand rise across…
Iyris makes fresh produce easier to grow in difficult climates, raises $16M
Agritech company Iyris helps growers across eleven countries globally increase crop yields, reduce input costs, and extend growing seasons.
A startup called Firefly that’s tackling the thorny and growing issue of cloud asset management with an “infrastructure as code” solution has raised $23 million in funding. That comes on…
India’s BluSmart is testing its ride-hailing service in Dubai
Indian ride-hailing startup BluSmart has started operating in Dubai, TechCrunch has exclusively learned and confirmed with its executive. The move to Dubai, which has been rumored for months, could help…
Alchemist’s latest batch puts AI to work as accelerator expands to Tokyo, Doha
Alchemist Accelerator has a new pile of AI-forward companies demoing their wares today, if you care to watch, and the program itself is making some international moves into Tokyo and…
CyberArk snaps up Venafi for $1.54B to ramp up in machine-to-machine security
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.
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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.
Controversial drone company Xtend leans into defense with new $40 million round
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…
Israeli startup Panax raises a $10M Series A for its AI-driven cash flow management platform
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…
Equities platform Midas raises $45M Series A as fintech retains its sparkle in Turkey
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…
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…
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…
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…
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…
Papaya Global bought a Super Bowl ad slot with the hope of the commercial driving brand recognition for the software company.
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.…
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…
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…
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…
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 markets…
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 million…
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.
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…
