UAE Proptech Startup Prop-AI Secures $1.5 Million Pre-Seed Round Led by Plus VC
Prop-AI, a UAE-based proptech platform powered by artificial intelligence, has successfully closed a $1.5 million pre-seed funding round. The investment was led by the regional venture capital firm Plus VC, with significant participation from a consortium of other investors. Building the Bloomberg of Real Estate Founded in 2023 by Ranime El Skaff and Christian Kunz, […]
-
menaraisingstars
- June 21, 2025
QIA and ADIC Join USD 600M Round for US Vehicle AI Firm Applied Intuition
The sovereign wealth funds of Abu Dhabi and Qatar have made their first strategic investment in Applied Intuition, a California-based leader in vehicle intelligence software. The Abu Dhabi Investment Council (ADIC) and the Qatar Investment Authority (QIA) participated in the company’s massive $600 million Series F funding round, which values the US tech firm at $15 billion. Gulf Sovereign […]
-
menaraisingstars
- June 21, 2025
UAE’s Saturnx Secures $3M Seed Round Led by White Star Capital to Boost Stablecoin Payments
Saturnx, a UAE-based stablecoin payments infrastructure company, has successfully closed a $3 million seed funding round. The investment was led by the global venture capital firm White Star Capital, with participation from other strategic institutional investors, and will be used to expand the company’s services across the vital Gulf to South Asia payment corridor. A […]
-
menaraisingstars
- June 21, 2025
Saudi Tech Giant MIS Exits Early Anthropic Stake
Saudi Arabian IT company Al Moammar Information Systems (MIS) has strategically exited its early investment stake in leading US AI firm Anthropic, selling its shares on the secondary market. Key Details MIS confirmed it has sold its entire stake in Anthropic, one of the world’s premier artificial intelligence research and development companies known for its […]
-
menaraisingstars
- June 21, 2025
