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Japan’s Terra Drone gets $14M lift from Saudi investors

TechCrunch

Japan’s Terra Drone lands $70M Series B funding to accelerate global expansion The move comes in line with Saudi Arabia’s “Vision 2030” plan , which lays out goals to reduce the nation’s dependence on hydrocarbons and promote the use of drones in services.

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Sequoia Capital India, STV back Dubai-based BNPL provider tabby in $54M extension round

TechCrunch

The BNPL provider has raised $104 million in total Series B funding and plans to use this extension round to expand its consumer product offering and facilitate its international expansion, it said in a statement. Its two main markets are Saudi Arabia and the UAE. The company has over 1.1

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Dragos raises $110M Series C as demand to secure industrial systems soars

TechCrunch

” Another one of those places is Saudi Arabia, one of the world’s largest oil and gas producers, where Dragos has an office and now draws an investment. But the country has faced extensive criticism for its human rights record by international rights groups.

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SoftBank-backed Korean edtech startup Riiid acquires Langoo, expands in Japan  

TechCrunch

After penetrating the Japanese market, Riiid will gear up to enter other international regions, including Central and East Asia, the spokesperson added. . Riiid has been actively penetrating the global market since 2020 after it opened the U.S. The Japanese remote learning industry was estimated at $2.6 billion in 2020, increasing 22.4%

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Aramco’s Prosperity7 powers AI drug firm Insilico’s $95M round

TechCrunch

Prosperity7, the venture capital arm of Saudi Arabia’s state oil company Aramco, led the new capital infusion. The fund has been actively scouring for opportunities in and around China that can scale globally and particularly in the Middle East.

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Bosta raises $6.7M to expand e-commerce delivery business across Africa and MENA

TechCrunch

Egypt, one of the most active e-commerce countries in the region, is anticipated to grow 33% annually to reach $3 billion by 2022. As co-founder and COO at Lynks, Ezzat was responsible for logistics, international clearance and last-mile delivery. This is the main target for us now and also to start operations in Saudi Arabia.”

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Short video platform Kuaishou to bet on the Middle East, North Africa, and Brazil markets: report

TechNode

Chinas second-largest short video platform Kuaishou is planning to open an office in Riyadh, the capital of Saudi Arabia, soon, according to a report by the South China Morning Post quoting Kuaishous chief financial officer Jin Bing.