UAE-based podcast platform Podeo has raised $5.4 million in a Series A round. The funding was led by Oraseya Capital, with additional investors such as Ibtikar Fund, Cedar Mundi Ventures, Samarium, iSME, and Razor Capital. Founded in 2020 by Stefano Fallaha, Anthony Essaye, and Mario Hayek, Podeo helps podcast creators distribute and monetize their content more effectively. Expanding into Emerging Markets Podeo will expand into emerging markets, including Latin America, Eastern Europe, and Southeast Asia. As podcasting grows rapidly, discoverability has become a major challenge for creators. To address this, ...

Algerian-based EdTech startup, LabLabee, raised $3.4 million in a Seed funding round to accelerate its global expansion and enhance its hands-on learning platform. Moreover, the round, which was led by Reach Capital, also saw contributions from Classera, Brighteye Ventures, e& capital, and business angels Cedric Sellin and Mohammed Husamaddin. As a result, this funding marks a significant milestone in the company’s growth. LabLabee’s Mission and Expansion Plans Founded in 2021 by Samir Tahraoui and Mahfoud Sidi Ali Mebarek, LabLabee addresses the skills gap in telecom and cloud industries. In particular, ...

UAE-based automotive SaaS company Seez has secured a $4.2 million investment to fuel its expansion into the US market. This funding enables Seez to enhance its AI solutions and strengthen its presence in one of the world’s most dynamic automotive markets. With the US automotive industry ripe for disruption, Seez is strategically positioned to capitalize on this tremendous opportunity. Seez: Leading the Automotive SaaS Revolution Seez leads the charge in transforming the automotive industry with innovative solutions. At the heart of its offerings is Seezar, an AI-powered chatbot that revolutionizes ...

As technology continues to evolve, Saudi Arabia is, without a doubt, taking bold steps to modernize religious pilgrimages. In fact, Riyadh-based fintech startup UmrahCash has just secured a $500,000 investment from Adaverse, which marks a significant step in enhancing financial inclusion for pilgrims visiting Mecca, Medina, and Jeddah. Moreover, this development highlights Saudi Arabia’s ongoing commitment to improving the pilgrim experience. A Fintech Solution for Pilgrims Founded in 2024 by William Phelps, UmrahCash specifically addresses the financial challenges many international pilgrims face. First and foremost, pilgrims from developing nations often ...

Hub71, Abu Dhabi’s premier global tech ecosystem, has proudly welcomed 21 new startups into its 15th cohort. Consequently, this expansion brings the total number of supported ventures to an impressive 243. Collectively, these startups have raised a remarkable $134.9 million, thereby further strengthening Abu Dhabi’s reputation as a leading global tech hub. A Diverse Global Selection The latest cohort was meticulously chosen from over 1,228 applications. Interestingly, this group includes 17 international startups from countries such as the USA, UK, France, and Germany. Moreover, these companies are celebrated for their ...