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Silkhaus, a Dubai-based short-term rental startup, has secured growth funding to expand into Saudi Arabia, enhancing its booking platform. With strong investor backing, the company aims to dominate the Middle East's rental market, targeting luxury and mid-market travelers in key locations like Riyadh.
Dubai-based short-term rental startup Silkhaus has secured funding to expand into Saudi Arabia, enhancing its booking platform amid rising demand for premium accommodations. Led by Nuwa Capital and Oraseya Capital, the investment supports Silkhaus's goal to dominate the GCC market, with operations now launched in Riyadh and other key locations. The company aims to leverage technology to optimize rental management and improve guest experiences, positioning itself as a leader in the region's evolving short-term rental landscape.
Moroccan AI company ToumAI has secured $1 million in pre-seed funding to enhance its AI-driven customer experience solutions, focusing on multilingual and emotion-aware interactions through its HolistiCX suite. The investment, led by Launch Africa Ventures, will support its expansion across Africa and Europe, addressing the emotional intelligence gap in traditional AI. With a scalable API model, ToumAI aims to personalize customer interactions and improve engagement through advanced voice-driven applications and churn detection capabilities.
Silkhaus, a Dubai-based short-term rental startup, has secured growth funding to expand into Saudi Arabia, enhancing its booking platform to meet the rising demand for premium accommodations. With strong investor backing, the company aims to dominate the Middle East's rental market, targeting luxury and mid-market travelers. Leadership changes include the appointment of Sabine El Najjar as KSA Managing Director and the promotion of Ankit Shah to Co-Founder and Board Member.
Egyptian B2B SaaS startup Qme has raised $3 million in seed funding led by AHOY to enhance its AI-powered digital queuing platform, which has already reduced wait times by 88% and no-show rates to under 1%. Since its launch in Q4 2023, Qme has served over 100,000 customers in healthcare, banking, and government sectors, while also contributing to environmental sustainability by eliminating paper-based systems. The partnership with AHOY will support Qme's expansion and innovation efforts across MENA and Africa.
Qme, an Egyptian B2B SaaS startup, has secured $3 million in seed funding led by AHOY and angel investors from the GCC. The AI-driven platform aims to revolutionize queuing and appointment systems in MENA, significantly reducing waiting times and no-show rates. With over 100,000 customers served since its launch, Qme is set to enhance its technology and expand its market presence, aligning with AHOY's mission to tackle real-world inefficiencies.
Maged Negm
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The information provided herein is generated by experimental artificial intelligence and is for informational purposes only.
Silkhaus secures funding to expand short-term rentals in Saudi Arabia
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