LG Electronics has invested $3 million in US-based Bossa Nova Robotics — marking the first time the company has injected funds into an overseas robot developer.
startAD, the innovation and entrepreneurship platform anchored at NYU Abu Dhabi, has opened applications for its inaugural Artificial Intelligence (AI) Venture Launchpad.
Bahrain Development Bank (BDB) has announced that the Al Waha Fund of Funds has successfully closed its $100 million fundraising round.
ConsenSys Ventures has announced that it will be accepting applications for the Tachyon accelerator.
DUBZ first gained exposure during the first-ever Dubai Tourism Start-Up Competition, ‘Futurism’, organised in strategic collaboration with GITEX Future Stars.
Dubai International Financial Centre (DIFC) has announced its partnership with Startupbootcamp to support the development of the growing FinTech and venture capital ecosystem in the Centre as well as promote entrepreneurship in the region.
As part of its dedication to the Dubai 10X initiative, the Department of Tourism and Commerce Marketing (Dubai Tourism) is continuously supporting innovative start-ups that will boost the tourism sector.
Palmex, a digital asset exchange powered by ArabianChain Technology, has become the first and only cryptocurrency exchange in the Middle East and North Africa to receive a Regulatory Sandbox License.
The Sharjah Entrepreneurship Center (Sheraa) showcased its newest cohort in front of leading investors, key opinion leaders and heads of government entities, and announced the winner of the $50,000 Accelerator Program Grant at a Ramadan majlis, earlier this week.
The Dubai Electricity and Water Authority (DEWA) has recently signed partnerships with three start-ups to work with them in the 4th Dubai Future Accelerators Programme.
Etisalat Digital has announced that it has signed strategic partnerships with four scale-ups as part of the ‘Dubai Future Accelerators Program,’ the world’s largest government supported accelerator.
startAD, the innovation and entrepreneurship platform anchored at New York University Abu Dhabi (NYUAD), announced NEURAi as the winning startup of the hardware Venture Launchpad.
The US-based platform for freelancers and entrepreneurs is also the first blockchain project to be accepted by Oracle Startup System making it the official partner of Oracle Corporation.
UAE-based classifieds portal Alawooz.com has reportedly raised $13.6 million (AED 50 million) in investments.