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Middle East

Startup Wrap: Gulf investors back robotics, fintech, beauty and proptech

Source: Arab News
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Startup Wrap: Gulf investors back robotics, fintech, beauty and proptech
Image: Arab News

RIYADH: Regional investors across the region deployed capital across sectors includling industrial robotics, alternative financing, and beauty as September came to a close. Shorooq and Presight join Maven Robotics’ $100m series A UAE-based Shorooq and Presight, a G42 company, participated in US industrial robotics startup Maven Robotics’ $100 million series A through funds managed by Shorooq, extending Gulf investment into artificial intelligence systems designed for physical industrial operati

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