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Airspace Link’s drone tracking platform gathers government customers before going global

TechCrunch

Detroit-based Airspace Link has positioned itself as a provider of increasingly important infrastructure in the burgeoning drone services space, letting operators get local and federal approval quickly. CFO Bill Johnson thinks local governments are looking for a way to turn this from a line item into a revenue generator.

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UAE aims to convert oil wealth into tech prowess

TechCrunch

The UAE took in 46% of the total venture capital received in the Middle East and Africa in 2021, according to the country’s Ministry of Economy. In 2017, the UAE created an artificial intelligence ministry position, which it filled with H.E. TechCrunch: Is the UAE’s venture capital presence fairly new? were invested in the UAE.

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Pluto lands funding from corporate spend giants to build ‘Ramp for the Middle East’

TechCrunch

That has accelerated card acceptance –– with 90% card acceptance rates in the UAE and Saudi Arabia by some estimates — in the region. It is gearing up to formally launch in the UAE and Saudi Arabia in the coming weeks. and the UAE. Egypt’s Paymob closes $18.5M Series A to expand payments services across MENA.