Wamda
Y Combinator leads Munify's $3 million seed round
Press release: Cairo-based fintech Munify has raised $3 million in a seed round led by Y Combinator, with participation from BYLD and Digital Currency Group, alongside […]
Tag: Investor
Rest of World
China’s chip startups are racing to replace Nvidia
DeepSeek said last month that its latest artificial intelligence model is compatible with domestic AI chips that would be released soon, unleashing a surge of interest […]
Wamda
The balancing act of innovation and growth for scale-ups
An article by Daniel Bryant, CTO of iyris. In the GCC, scale-ups — SMEs that have proven their business models and are targeting rapid growth — […]
Technode
Chinese companies rush to get in on the robotaxi craze, bet on gen AI tools
A fully driverless Lexus RX450h SUV, developed by Pony.ai, transports passengers during this year’s World Artificial Intelligence Conference (WAIC) in Shanghai held on July 26, 2025. […]
Techpoint Africa
Delayed launch casts doubt on Nigeria’s open banking rollout
Nearly a month after Nigeria’s open banking framework was expected to go live, silence hangs over the rollout. Despite earlier reports pointing to August 1 as […]
Wamda
Merak Capital backs Spoilz as part of Saudi Arabia’s push to lead global gaming
Saudi Arabia-based game development studio Spoilz has secured funding co-led by Merak Capital and Impact46, with participation from other investors. Founded in 2020 by Musab Almalki, Spoilz also offers B2B […]
Techpoint Africa
Axian Telecom CEO joins Jumia’s Supervisory Board amid acquisition rumours
Hassanein Hiridjee, the founder and CEO of Axian Group, has joined Jumia’s Supervisory Board, according to a SEC filing published today. Hiridjee joins the eCommerce company’s […]
Wamda
Seraya closes $1.8 million seed in equity-debt mix
Press release: Seraya, the Dubai-based hospitality startup creating a new standard in premium serviced accommodation, has raised $1.8 million in seed funding, bringing its total capital […]