Ballurh, a Riyadh, Saudi Arabia-based AI-powered SaaS platform for restaurants and cloud kitchens, has secured a strategic investment. Investors The investment was from Falak Angels Network, a Saudi-based investment network that serves as the angel-investing arm of Falak Investment Hub. Founded in 2018, the network is designed to bridge the …

Rewaa, a Saudi Arabia-based retail technology company that provides a cloud-based platform for SMEs, has closed a $45 million Series B funding. Investors The round was led by Wa’ed Ventures, Idrisi Ventures, and Unity Ventures, with participation from Vision Ventures, RZM Investments, Sedco Capital, Saned Partners, Palm Ventures, and Abdulrahman …

Moonshot AI, a Beijing, China-based artificial intelligence company, has raised $500 million in a Series C round, boosting its valuation to $4.3 billion. Investors The round was led by IDG Capital, with participation from existing investors Alibaba Group Holding and Tencent Holdings. IDG Capital is a global investment powerhouse and …

Testify, a South Korea-based startup developing generative AI-powered software quality assurance (QA) solutions, has secured $69,000 (100 million KRW) in Seed funding. Investors The investment was provided by Gyeonggi Center for Creative Economy & Innovation (Gyeonggi CCEI), a South Korean startup accelerator and innovation hub located in Pangyo Techno Valley. …

GameByte, an Istanbul, Turkey–based AI-powered game creation platform, has secured $1 million in funding at a $10 million valuation. Investors The round was led by Webrazzi GSYF, the venture capital arm of Webrazzi, with legal support provided by Arıkan Law Firm. Webrazzi GSYF is a venture capital investment fund established …

Lemon Slice, a San Francisco, California–based AI technology platform specializing in interactive video generation, has raised $10.5 million in Seed funding. Investors The round was from Matrix Partners, Y Combinator, Arash Ferdowsi, Emmett Shear, and The Chainsmokers. Lemon Slice Use of Funds The company will use the capital to advance …

Leona Health, a San Francisco- and Mexico City-based AI co-pilot for doctors built on WhatsApp, has raised $14 million in Seed funding. Investors The round was led by Andreessen Horowitz, with participation from General Catalyst, Accel, and prominent healthcare and fintech founders. Andreessen Horowitz (a16z) is a venture capital firm …