Startups (opens original source in a new tab)WamdaSaudi AI firm MOZN secures strategic investment from HUMAINSaudi Arabia-based enterprise AI startup MOZN has secured a strategic investment from HUMAIN, along with a partnership to develop sovereign AI solutions for financial institutions and public sector organisations in Saudi Arabia and global markets. The investment marks HUMAIN's first investment in a Saudi company and one of the first through HUMAIN Ventures. Founded in 2017 by Mohammed AlHussein, MOZN develops enterprise AI solutions for financial crime prevention and enterprise knowledge intelli (opens original source in a new tab)8 August 2026
Startups (opens original source in a new tab)WamdaLongevium to open AI-powered longevity research lab in Dubai after $7 million raiseUAE-based longevity healthtech company Longevium has raised $7 million in its first funding round to establish an AI-powered Longevity Research Laboratory at Dubai Science Park, led by founder Dr Ksenia Butova. The facility is expected to open in Q4 2026 and will focus on research and development rather than clinical services. The laboratory will combine artificial intelligence, biomedical research, and clinical science to develop technologies that predict health risks, measure biological ageing (opens original source in a new tab)8 August 2026
Startups (opens original source in a new tab)WamdaMoove hits $2.1 billion valuation with $250 million Series CUAE-headquartered mobility startup Moove has raised $250 million in a Series C round at a $2.1 billion valuation, led by Mubadala Investment Company and co-led by Woven Capital (Toyota's growth fund) and Ion Pacific, with participation from BlueCrest Capital Management and Sona Capital. Founded in 2020 in Nigeria by Ladi Delano and Jide Odunsi, Moove builds the operating infrastructure for autonomous mobility, providing fleet ownership, management, charging, maintenance, and robotics-first depot (opens original source in a new tab)8 August 2026
Startups (opens original source in a new tab)WamdaUAE-based Syrians launch My Syria, the country's first tourism super appUAE-based startup 121 Living, founded by Syrian entrepreneurs Rami Kaiem, Feras Kaiem, Waseem Qudmani, and Kinan Madi, has launched My Syria, described as Syria's first integrated super app for tourism, lifestyle services, and digital payments. The initiative was launched with strategic support from Syria's Ministry of Tourism. The platform currently integrates eight services, including hotel bookings, restaurants, transportation, tourist attractions, experiences, and food delivery, with plans t (opens original source in a new tab)8 August 2026
Startups (opens original source in a new tab)WamdaSaudi startup RIME raises over $2 million Seed roundSaudi AI startup RIME has raised more than $2 million in a Seed funding round led by SEEDRA Ventures, with participation from Athla Investment, Unity Invest Partners, and angel investors. Founded in 2024 by Mohammed Almarshidi and Arif Alotaibi, RIME develops a platform that enables enterprises to deploy AI Agents powered by Edge Computing and AIoT to make real-time decisions at operational sites. The company will use the new funding to strengthen its presence in Saudi Arabia, accelerate platfor (opens original source in a new tab)8 August 2026
Startups (opens original source in a new tab)WamdaShaffra expands beyond the GCC with Azerbaijan launchGCC-based enterprise AI startup Shaffra has expanded beyond the GCC for the first time by opening a regional headquarters in Azerbaijan, marking its entry into the Caspian region. The company provides an Enterprise AI Workforce Platform that enables organisations to deploy Autonomous AI Teams. Its first offerings in the new market include AI Call Center, AI Sales Center, and AI Project Manager solutions. Founded in the UAE in 2023 by Alharith Alatawi, Marc Wehbi and Alfred Manasseh, Shaffra said (opens original source in a new tab)8 August 2026
(opens original source in a new tab)YourStoryThe rise of predictive commerce for India’s MSMEsIn today’s digital-first environment, the question is no longer how quickly businesses can respond to disruptions but how effectively they can anticipate them before they happen. This is where predictive commerce is beginning to reshape the way businesses grow. (opens original source in a new tab)8 August 2026
(opens original source in a new tab)YourStoryPatience, practice, persistence: Tips on creative success from the Art Bengaluru CollectiveIn this photo essay, we feature more highlights from the Art Bengaluru Collective’s exhibition, along with artists’ insights. (opens original source in a new tab)8 August 2026
(opens original source in a new tab)YourStoryAI is reimagining service companies; Ola Electric narrows loss in Q1Northbound Advisors is building a proprietary AI tool with a partner, trained on eight years of work across diligences, CFO advisory, legal, tax and risk engagements. (opens original source in a new tab)8 August 2026
Startups (opens original source in a new tab)TechCrunchOpenAI says it slowed Astra model development over security concernsOpenAI said this model, which is still in development, reached its "critical cybersecurity threshold," meaning it could independently identify and carry out cyberattacks against traditionally well-protected real-world systems. (opens original source in a new tab)Kirsten Korosec·7 August 2026
(opens original source in a new tab)Startup DailyUNSW medical robotics spinout raises $8.6m for US ambitionsVexev bags $8.6m to drag vascular ultrasound into the robot-AI era and chase FDA approval in the US. (opens original source in a new tab)Simon Thomsen·7 August 2026
