Etiquetas: MENA

Dubai‑based Cercli, an AI‑native HR and payroll platform built for the Middle East and North Africa, announced an oversubscribed $12 million Series A round led by European venture firm Picus Capital. Founded by former Careem executives Akeed Azmi and David Reche, the startup has rebuilt a Rippling‑like stack to unify people operations, payroll, and compliance for MENA businesses. Cercli reports revenue growth of more than tenfold, processing over $100 million in payroll for clients in 50 countries, and plans to use the new capital to launch additional AI‑driven products and capture a larger share of the regional HR‑software market. Leer más

Bilal Abu‑Ghazaleh, a former Scale AI executive, has founded 1001 AI to bring an AI‑native operating system to high‑stakes sectors such as aviation, logistics, construction and oil and gas in the Middle East and North Africa. The two‑month‑old startup raised a $9 million seed round led by CIV, General Catalyst and Lux Capital, with participation from a roster of global and regional angels. Abu‑Ghazaleh says the platform will cut inefficiencies worth more than $10 billion in the Gulf alone by automating decision‑making and orchestrating real‑time operations. Early deployments are slated for construction projects by the end of the year, with the company eyeing broader roll‑outs across the region’s megaprojects. Leer más