
Saudi Arabic Voice-AI Firm Intella Closes $12.5M Series A
The Riyadh-based Arabic speech-to-text and voice-agent company raised a $12.5 million Series A to expand its enterprise voice-AI products for banks, telecoms and government across the region.
تمويل وإطلاقات وتحرّكات في الشركات الناشئة والمستثمرين عبر المنطقة — كل خبر موثّق بمصدره وتاريخه.

The Riyadh-based Arabic speech-to-text and voice-agent company raised a $12.5 million Series A to expand its enterprise voice-AI products for banks, telecoms and government across the region.

The Saudi advanced-materials startup, a KAUST spin-out, closed a $16 million Series A to expand its SecondSky heat-blocking technology for farming in hot climates.

Saudi PIF company HUMAIN released a conversational AI app built on its home-grown ALLaM 34B model, fluent across Gulf and Levantine dialects.
Alat will make elevators and escalators in the Kingdom and take a 15% stake in Germany's TK Elevator, in the first such production operation by a global firm in Saudi Arabia.
The Cairo used-car marketplace arranged a $7.45m capital facility tailored to its model, strengthening inventory financing ahead of its later Series A.
The UAE self-storage operator raised $12.5m in debt financing led by Shorooq to build new flagship facilities amid rising demand.
The Saudi BNPL unicorn reported SAR 92.4m net income for the first nine months of 2025, reversing a year-earlier loss as third-quarter revenue rose 114%.

The AI-enabled freight marketplace secured $15m from Ruya Partners' private-capital fund to expand across MENA and consolidate its freight-tech lead.
500 MENA, L.P. will invest in startups with proven product-market fit, backed by Jada Fund of Funds and Saudi Venture Capital and supported by Sanabil Investments.

Abu Dhabi's AD Ports acquired Saudi Egyptian Investment Company's stake in EGX-listed ALCN for over AED 1bn, then moved toward a controlling position.
The Dubai-based ports and logistics giant earmarked $2.5bn for terminals and logistics hubs across India, Africa, South America and Europe.

Presight-Shorooq Fund I will invest $100m in frontier AI startups, offering GPU access and distribution via the G42 ecosystem; it backed five companies in its first quarter.

STV NICE I offers Sharia-compliant, non-dilutive financing to Saudi tech companies, with half its capital from the National Technology Development Program.
The Gulf meal-subscription startup made its first move outside the GCC, absorbing two British meal-delivery brands to launch Calo UK.

The e&-controlled super app paused quick-commerce and grocery delivery in the Kingdom about a year after launching Careem Market, narrowing scope amid intense competition.

Backed by the Mohammed bin Rashid Innovation Fund, the Dubai e-commerce logistics provider crossed into the Kingdom with fulfilment and last-mile delivery, targeting profitability by Q4 2025.
Dubai's leading property portal secured a $525m strategic investment led by Permira with Blackstone Growth, as cornerstone backer General Atlantic sold part of its stake.
The online new- and used-car retailer raised SAR 225m ($60m), including a $20m venture-debt facility, to cement its lead in Saudi Arabia's used-car market.
The Y Combinator alumnus, backed by Accel and Insight Partners, rebranded to Luciq.ai, pivoting from bug tracking to AI agents that detect, diagnose and fix mobile-app issues in production.

Kamco Invest's private-equity arm took an undisclosed stake in Foodics ahead of a planned Tadawul listing, as the cloud POS platform eyes an IPO within two to three years.

Dubai Land Department and PRYPCO opened the region's first licensed property-tokenisation platform, letting UAE residents invest in Dubai real estate from AED 2,000.

At the US-Saudi Investment Forum, PIF-owned HUMAIN widened its NVIDIA tie-up to roll out up to 600,000 GPUs over three years, alongside new deals with xAI, AWS and Global AI.
MENA's most valuable fintech agreed to buy SAMA-licensed e-money institution Tweeq to move beyond BNPL into digital spending accounts, cards and money management.
The XPRIZE-winning startup added $5m from Norway's Nysno Climate Investments and Jasoor Ventures and began injecting CO2 at its scaled-up storage site in Fujairah, UAE.