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Some startups pride themselves on having prestigious financial backers — but just as important is having prestigious customers. It’s one of the main points of pride for Serval, an enterprise AI company that announced a $47 million Series A round on Tuesday. The round was led by Redpoint Ventures, with participation from heavy-hitting venture firms … Read more
Sesame, a conversational AI startup and smart glasses maker, has raised a $250 million Series B round and is opening up its beta to a select group of testers, the company announced Tuesday. The startup, headed by former Oculus co-founder and CEO Brendan Iribe and Ankit Kumar, former CTO of AR startup Ubiquity6, is working … Read more
General Motors reported robust third-quarter results for 2025 as Wall Street cheered revenue that decreased only slightly year-over-year. The company beat consensus estimates for both revenue and earnings per share (EPS) and its stock soared nearly 15% in same-day trading as traders seemed to breathe a sigh of relief. “In the U.S., we achieved our … Read more
Africa’s electric mobility story has often been one of promise over progress. Infrastructure is scarce, power grids are unreliable, and most markets still run on cheap imported motorcycles. But Dubai-headquartered Spiro has spent the past two years trying to rewrite that narrative. The company just announced a $100 million investment round led by The Fund … Read more
For most enterprise companies, AI is either a promise that has yet to deliver or a security risk. The effort of Lithuania’s most famous entrepreneur duo to solve that conundrum has garnered attention — and funding. Just months after Nexos.ai came out of stealth with an $8 million funding round led by Index Ventures, Nord … Read more
In a region long defined by fragmented enterprise systems, outdated compliance tools, and HR software that rarely talks to finance, Cercli is building a unified alternative for MENA businesses with AI at its core. The Dubai-based startup, founded by ex-Careem operators Akeed Azmi and David Reche, has announced an oversubscribed $12 million Series A round led by … Read more
OpenEvidence, a tool that doctors and nurses have likened to ChatGPT for medicine, plans to announce a $200 million raise at a $6 billion valuation, The New York Times reports. The fresh funds come three months after the startup raised a $210 million round at a $3.5 billion valuation, a testament to the intense investor … Read more
Bilal Abu-Ghazaleh had just moved to London few days before our call, splitting his time between there and Dubai. After nearly a decade in the U.S., including a stint at Scale AI, he’s bringing that experience to his next venture: 1001 AI , a company creating AI infrastructure for critical industries across the Middle East … Read more
Key Takeaways Tempo, a blockchain startup from Stripe, raised $500 million in a round co-led by Thrive Capital and Greenoaks. Tempo is a specialized blockchain focused on efficient global payments, including stablecoin support and tools like Bridge and Privy. Share this article Tempo, a blockchain startup launched by Stripe, raised $500M in a funding round … Read more
As fervor around stablecoins grows from Silicon Valley to Wall Street, one of the most high-profile new crypto projects has drummed up a massive coffer of funds to back its ambitious plans. Tempo, a payments-focused blockchain developed by the fintech giant Stripe and the blockchain venture firm Paradigm, has raised $500 million in fresh funding … Read more
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