Latest news with #VUZ
Arab News
4 days ago
- Business
- Arab News
MENA tech startups close significant funding rounds
RIYADH: A series of significant funding rounds and strategic investments have bolstered the Middle East and North Africa tech and startup landscape recently, with a focus on expanding regional ecosystems and scaling innovative solutions. Among the notable developments, Aramco's Wa'ed Ventures co-led a $19 million series B extension investment in US-based Graphiant, alongside stc Group's Tali Ventures. This investment is part of a broader $102 million series B round that also includes Sequoia Capital, Two Bear Capital, and IAG Capital Partners. Founded in 2020 by Khalid Raza, Graphiant provides a Network-as-a-Service platform designed to deliver secure and high-performance enterprise connectivity across hybrid and multi-cloud environments. As part of the funding agreement, Graphiant will establish its regional headquarters in Riyadh to support Saudi Arabia's ambition to become a global technology hub. Anas Al-Gahtani, acting CEO of Wa'ed Ventures, said: 'By enabling enterprises to deploy secure, high-performance connectivity across multi-cloud and hybrid environments, Graphiant is solving foundational challenges for digital transformation.' VUZ secures $12m pre-series C to expand immersive media platform globally Saudi Arabia-based immersive media platform VUZ has raised $12 million in a pre-series C funding round, with the International Finance Corporation — part of the World Bank Group — joining as a strategic investor. The round also included participation from Al Jazira Capital, Crosswork VC Success Fund, existing investors, and several Saudi family offices, bringing VUZ's total funding to over $35 million. Founded in the UAE in 2017 by Khaled Zaatarah, VUZ offers immersive live content across extended reality, virtual reality, augmented reality, and AI-powered streaming. The new capital will support VUZ's global expansion across Saudi Arabia, the UAE, Africa, Asia, and the US, while enhancing its AI-driven streaming technologies and live spatial experiences. The company previously closed a $20 million series B round in October 2022. Saudi spacetech SARsatX raises $2.6m seed funding to scale satellite development Saudi Arabian spacetech startup SARsatX has raised $2.6 million in a seed round led by TONOMUS, with participation from Wa'ed Ventures, Access Bridge Ventures, and KAUST Innovation Ventures. Founded in 2019 by Ahmed Al-Zubairi and Muhannad Al-Mutiry as a spin-off from King Abdullah University of Science and Technology's TAQADAM Accelerator, SARsatX designs and builds small satellites equipped with synthetic aperture radar technology. The satellites provide Earth observation data used in applications such as deforestation monitoring, oil leakage detection, disaster management, and border security. The company intends to use the funds to accelerate technology development and scale satellite deployment. Saudi e-commerce app Ziadah closes seed round Ziadah, a Saudi Arabia-based e-commerce platform, has closed a seed funding round from an undisclosed angel investor. Founded in 2024 by Ali Al-Dahnin and Mahmoud Omar, Ziadah offers online stores behavior-driven marketing tools aimed at increasing sales. The company plans to use the investment to enhance customer engagement features and expand its services to more merchants across the region. Egypt's Thndr raises $15.7m to expand digital investment platform across MENA Thndr, a Cairo-based digital investment platform, announced a $15.7 million funding round led by Prosus, with participation from Y Combinator, BECO Capital, Endeavor Catalyst, and others. Founded in 2020 by Ahmad Hammouda and Seif Amr, Thndr enables users to invest in stocks, bonds, and funds through a mobile platform with low commissions. We're building a product, network, and monetization model that's hyper-local, with the infrastr- ucture to scale globally. Khaled Zaatarah, VUZ founder and CEO The new funds will support regional expansion focusing on the UAE and Saudi Arabia. Hammouda said: 'We believe the time is now to build the region's leading investment-first money app.' Sylndr secures $15.7m series A to accelerate Egypt used-car platform growth Cairo-based Sylndr, a used-car platform, has raised $15.7 million in a series A round led by DPI Venture Capital through the Nclude Fund. Other investors include Algebra Ventures, Nuwa Capital, and Raed Ventures. Sylndr facilitates vehicle buying, selling, and financing. Founded in 2021 by Omar El-Defrawy, the company will use the funds to expand across Egypt, improve pricing intelligence, inventory, fintech capabilities, and strengthen partnerships with dealers and lenders. El-Defrawy said: 'This round allows us to scale nationally and expand our product offering.' UAE's Tarjama secures $15m series A to scale Arabic AI ecosystem Tarjama, a UAE-based language technology company, has closed a $15 million series A funding round led by Global Ventures, with participation from Wamda Capital, TA Ventures, and Phaze Capital,as well as Golden Gate Ventures and Endeavor Catalyst. Founded in 2009 by Nour Al-Hassan, Tarjama serves over 700 clients globally with solutions across more than 50 languages and 22 Arabic dialects. The company recently launched Pronoia V2, an Arabic-first large language model that it claims outperforms GPT-4o and Cohere in Arabic tasks. Al-Hassan said: 'Arabic has been underserved by AI for too long. Our flagship product, Pronoia, changes that — it is far faster, more secure, and cost-effective.' Kuwait's Circle raises $6m series A for regional q-commerce expansion Circle, a Kuwait-based quick-commerce startup, has raised $6 million in series A funding from unnamed investors. Founded in 2020 by Altaf Al-Thekair, Circle offers delivery of groceries and daily essentials within 20 minutes through its app and network of dark stores and fulfillment centers. The company intends to use the funding to support regional expansion plans targeting key MENA markets by early 2026. CEO Al-Thekair stated: 'Securing this funding is a major milestone that propels us toward our vision of reshaping quick commerce in the MENA region.' EFG Finance approves acquisition of B2B platform Fatura by MaxAB-Wasoko EFG Finance, part of EFG Holding, has approved the acquisition of its B2B platform Fatura by MaxAB-Wasoko, a regional retail and supply chain super app. EFG becomes a major shareholder in MaxAB-Wasoko and gains a board seat. Fatura operates an asset-light marketplace with 626 wholesalers across 16 cities, expanding MaxAB's product and logistics capabilities. The acquisition is expected to contribute 25 percent of Egypt's revenue by year-end and accelerate MaxAB-Wasoko's pan-African expansion. Egyptian fintech ElGameya raises seven-figure round to expand savings app ElGameya, an Egyptian fintech, has raised a seven-figure US dollar investment round led by AYADY for Investment and Development, with participation from Jedar Capital, Cubit Ventures, and others. Founded in 2020 by Ahmed Abdeen, the company offers a mobile app enabling users to join customizable savings circles with secure transactions, The funding will be used to scale ElGameya's reach and develop new products targeting underserved communities. Abu Dhabi-based EQIQ doubles fund size to $30m EQIQ, a venture capital fund and venture builder focused on Iraq, is doubling its fund size from $15 million to $30 million to increase investments in the e-commerce, logistics, and fintech sectors. Founded by Mohamed Al-Hakim and Said Rahmani, EQIQ has deployed $8.5 million across five startups, including three co-built ventures. The fund is backed by local and regional investors and aims to create a technology ecosystem to serve millions in Iraq. Standard Chartered's SC Ventures partners with DIFC SC Ventures, the innovation and venture arm of Standard Chartered, has partnered with Dubai International Financial Centre Innovation Hub to launch the National Venture Studio in the city. The initiative utilizes SC Ventures' Venture Building-as-a-Service model to support startup development through ideation, prototyping, founder matching, and scaling. Participants will also have access to co-hosted events, research, and ecosystem-building programs within DIFC.
Yahoo
19-05-2025
- Business
- Yahoo
Global Investment Giant IFC (World Bank) Invests in VUZ $12M Pre-Series C, the World's Leading Immersive Media Company
IFC investment supports VUZ's international expansion, following precedent in scaling telecom and media ventures across the world. RIYADH, Saudi Arabia, May 20, 2025 /PRNewswire/ -- VUZ, the world's leading immersive media company, has secured the International Finance Corporation (IFC), a member of the World Bank Group, to invest in its $12M Pre-Series C funding round. This strategic investment positions VUZ for accelerated global growth in immersive live streaming and content, AI-driven streaming technologies, and live spatial experiences, building on the next generation of media, the creator economy, sports, and entertainment. The IFC and the World Bank Group collectively manage over $1 trillion in global assets and investment commitments, operating in more than 100 countries. In fiscal year 2024, IFC committed a record of over $56 billion to private companies and financial institutions to drive sustainable development through the private sector. This round also includes participation from Al Jazira Capital, Crosswork VC Success fund (a pre-IPO venture capital fund), multiple existing investors, and several high-profile Saudi family offices, bolstering VUZ's presence in key markets across the world. IFC's Strategic Role in Telecom and Media Expansion The investment marks a pivotal collaboration between VUZ and IFC, which is known for its selective backing of global winners, including (acquired by Amazon). With over 100 investments in telecom and communications companies across Africa, Asia, and Latin America, IFC brings unmatched expertise in market entry and infrastructure scaling across frontier economies. Through this partnership, VUZ will scale further in Saudi Arabia and the UAE and accelerate expansion, particularly in Africa, the USA, and Asia, where demand for immersive experiences and next-generation media is rising rapidly. The move aligns with IFC's mission to advance digital inclusion and economic growth through media innovation and connectivity. A Profitable, Scalable Media Powerhouse In 2024, VUZ achieved EBITDA profitability, with 80% year-over-year gross profit growth, a significant milestone for a tech streaming scale-up. The company's platform — home to 30,000+ hours of premium immersive exclusive content — blends XR, VR, AR, and AI-powered media across sports, entertainment, and creator ecosystems. VUZ has a pipeline of partnerships with some of the largest football clubs, giga projects, and global athletes, as well as A-list artists, creators, and ambassadors. "We are honored to welcome IFC as a strategic investor, said Khaled Zaatarah, Founder of VUZ. With IFC and the World Bank Group's track record in scaling telecom and digital media companies globally, and over $1 trillion in assets under management, this partnership sets the stage for massive global scale. Together, we'll bring immersive media to the world's fastest-growing markets." Key highlights: 3 billion+ screen views to date; targeting over 5 billion by 2026 Exclusive immersive content partnerships with LaLiga, Serie A, PFL, and more The largest exclusively owned immersive premium content library of over 30,000 hours Over 40 global telecom integrations, with 20+ in progress Strategic launches across TV Devices, Apple Vision Pro, Oculus, and VUZGo, a new web-embedded immersive tech layer 4 global patents powering proprietary streaming technologies "This investment reflects IFC's commitment to creative industries as a driver of jobs and income in emerging markets. VUZ's tech edge and global reach align well with our mandate to support scalable platforms that empower creators", said Farid Fezoua, IFC Global Director for Disruptive Technologies, Services, and Funds. A Magnet for Global Creators and Partners VUZ empowers a creator network with a combined global reach exceeding 100 million, offering monetization tools, immersive production capabilities, and a deeply engaging fan experience. Its technology now sits at the center of conversations with device manufacturers, sports federations, and media conglomerates seeking to deliver content that transcends physical limitations. "This is the scale-up stage we've been building toward for years," Zaatarah added. "With a solid foundation, patented tech, and profitability achieved, we are ready to scale globally and define the future of media." World-Class Investor Backing In addition to the International Finance Corporation (IFC), a member of the World Bank Group, and other recent strategic investors, VUZ is backed by a distinguished and globally diverse group of institutional partners. These include e& capital, KBW Ventures, Al Jazira Capital, DFDF, SRMG Ventures, Caruso Ventures, Shorooq Partners, Plug and Play Ventures, Hala Ventures, Vision Fund, Knollwood Investment Advisory, Panthera Capital, Faith Capital, WIN, Elbert Capital, Yasta Partners, AlTouq Group, Impact46, Media Visions, 500 Startups, DAI, Al Falaj, and DTEC Ventures (Oraseya Capital), along with notable tech leaders including Magnus Olsson, Samih Toukan, and Jonathan Labin — reflecting strong international conviction in VUZ's vision, performance, and global growth potential. View original content: SOURCE VUZ Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Broadcast Pro
19-05-2025
- Business
- Broadcast Pro
Vuz secures IFC investment in $12m pre-series C round
IFC investment supports VUZ's international expansion, following precedent in scaling telecom and media ventures across the world. Vuz, the immersive media platform, has announced a strategic investment from the International Finance Corporation (IFC), a member of the World Bank Group, as part of its $12m Pre-Series C funding round. This marks a significant milestone for Vuz as it accelerates its global push in immersive live streaming, AI-powered content delivery, and spatial media experiences spanning sports, entertainment, and the creator economy. With more than $1tn in global assets and commitments, the IFC joins a lineup of key investors including Al Jazira Capital, Crosswork VC Success Fund, several existing backers, and major Saudi family offices. This round strengthens Vuz's global footprint and positions the company to scale in fast-growing markets such as Saudi Arabia, the UAE, Africa, Asia, and the United States. The partnership with IFC—known for backing transformative companies like deep market expertise and a global track record in telecom and digital media, particularly across emerging economies. It aligns with IFC's goal of advancing digital inclusion and supporting creative industries that drive sustainable economic development. Vuz, which achieved EBITDA profitability in 2024 and recorded 80% year-over-year gross profit growth, now hosts over 30,000 hours of immersive content that blends extended reality (XR), virtual reality (VR), augmented reality (AR), and AI-powered streaming. The platform features exclusive experiences with top-tier football clubs, sports leagues, global athletes, artists, and creators. It boasts more than 3bn screen views to date, with a target of surpassing 5bn by 2026. With 40 telecom integrations globally and 20 more underway, VUZ continues to expand its tech ecosystem through platforms like Apple Vision Pro, Oculus, TV devices, and its proprietary web-based immersive layer, VuzGo. Its innovations are protected by four global patents. Khaled Zaatarah, Founder of Vuz, added: 'We are honored to welcome IFC as a strategic investor. With IFC and the World Bank Group's track record in scaling telecom and digital media companies globally, and over $1tn in assets under management, this partnership sets the stage for massive global scale. Together, we'll bring immersive media to the world's fastest-growing markets.' 'This investment reflects IFC's commitment to creative industries as a driver of jobs and income in emerging markets. Vuz's tech edge and global reach align well with our mandate to support scalable platforms that empower creators', added Farid Fezoua, IFC Global Director for Disruptive Technologies, Services, and Funds. Vuz's creator network spans over 100 m people worldwide, with tools that support monetization, immersive storytelling, and fan engagement. With a strong investor base that includes e& capital, KBW Ventures, SRMG Ventures, Vision Fund, and other global institutional backers, Vuz is now pset to shape the future of immersive media at a global scale. 'This is the scale-up stage we've been building toward for years,' Zaatarah added. 'With a solid foundation, patented tech, and profitability achieved, we are ready to scale globally and define the future of media.' In addition to the International Finance Corporation (IFC), a member of the World Bank Group, and other recent strategic investors, Vuz is backed by a distinguished and globally diverse group of institutional partners. These include e& capital, KBW Ventures, Al Jazira Capital, DFDF, SRMG Ventures, Caruso Ventures, Shorooq Partners, Plug and Play Ventures, Hala Ventures, Vision Fund, Knollwood Investment Advisory, Panthera Capital, Faith Capital, WIN, Elbert Capital, Yasta Partners, AlTouq Group, Impact46, Media Visions, 500 Startups, DAI, Al Falaj, and DTEC Ventures (Oraseya Capital), along with notable tech leaders including Magnus Olsson, Samih Toukan, and Jonathan Labin — reflecting strong international conviction in VUZ's vision, performance, and global growth potential.
Wamda
19-05-2025
- Business
- Wamda
VUZ secures $12 million from IFC to fuel global immersive media expansion
UAE-based immersive media platform VUZ has secured $12 million in a pre-Series C funding round, with the International Finance Corporation (IFC), a member of the World Bank Group, joining as a strategic investor. The round also saw participation from Al Jazira Capital, Crosswork VC Success Fund, existing investors, and several prominent Saudi family offices, bringing VUZ's total capital raised to over $35 million. Founded in 2017 by Khaled Zaatarah, VUZ is a next-generation media platform offering immersive live content across XR, VR, AR, and AI-powered streaming. The funding will accelerate VUZ's global expansion across Saudi Arabia, the UAE, Africa, Asia, and the US, and further develop its AI-driven streaming technologies and live spatial experiences. In October 2022, VUZ closed its Series B round at $20 million from Caruso Ventures, Vision VC Fund, e& Capital, and others. Press release: VUZ, the world's leading immersive media company, has secured the International Finance Corporation (IFC), a member of the World Bank Group, to invest in its $12M Pre-Series C funding round. This strategic investment positions VUZ for accelerated global growth in immersive live streaming and content, AI-driven streaming technologies, and live spatial experiences, building on the next generation of media, the creator economy, sports, and entertainment. The IFC and the World Bank Group collectively manage over $1 trillion in global assets and investment commitments, operating in more than 100 countries. In fiscal year 2024, IFC committed a record of over $56 billion to private companies and financial institutions to drive sustainable development through the private sector. This round also includes participation from Al Jazira Capital, Crosswork VC Success fund (a pre-IPO venture capital fund), multiple existing investors, and several high-profile Saudi family offices, bolstering VUZ's presence in key markets across the world. IFC's Strategic Role in Telecom and Media Expansion The investment marks a pivotal collaboration between VUZ and IFC, which is known for its selective backing of global winners, including (acquired by Amazon). With over 100 investments in telecom and communications companies across Africa, Asia, and Latin America, IFC brings unmatched expertise in market entry and infrastructure scaling across frontier economies. Through this partnership, VUZ will scale further in Saudi Arabia and the UAE and accelerate expansion, particularly in Africa, the USA, and Asia, where demand for immersive experiences and next-generation media is rising rapidly. The move aligns with IFC's mission to advance digital inclusion and economic growth through media innovation and connectivity. A Profitable, Scalable Media Powerhouse In 2024, VUZ achieved EBITDA profitability, with 80% year-over-year gross profit growth, a significant milestone for a tech streaming scale-up. The company's platform — home to 30,000+ hours of premium immersive exclusive content — blends XR, VR, AR, and AI-powered media across sports, entertainment, and creator ecosystems. VUZ has a pipeline of partnerships with some of the largest football clubs, giga projects, and global athletes, as well as A-list artists, creators, and ambassadors. 'We are honoured to welcome IFC as a strategic investor,' said Khaled Zaatarah, founder of VUZ. With IFC and the World Bank Group's track record in scaling telecom and digital media companies globally and over $1 trillion in assets under management, this partnership sets the stage for massive global scale. Together, we'll bring immersive media to the world's fastest-growing markets.' Key highlights: 3 billion+ screen views to date; targeting over 5 billion by 2026 Exclusive immersive content partnerships with LaLiga, Serie A, PFL, and more The largest exclusively owned immersive premium content library of over 30,000 hours Over 40 global telecom integrations, with 20+ in progress Strategic launches across TV Devices, Apple Vision Pro, Oculus, and VUZGo, a new web-embedded immersive tech layer 4 global patents powering proprietary streaming technologies 'This investment reflects IFC's commitment to creative industries as a driver of jobs and income in emerging markets. VUZ's tech edge and global reach align well with our mandate to support scalable platforms that empower creators', said Farid Fezoua, IFC Global Director for Disruptive Technologies, Services, and Funds. A Magnet for Global Creators and Partners VUZ empowers a creator network with a combined global reach exceeding 100 million, offering monetisation tools, immersive production capabilities, and a deeply engaging fan experience. Its technology now sits at the centre of conversations with device manufacturers, sports federations, and media conglomerates seeking to deliver content that transcends physical limitations. 'This is the scale-up stage we've been building toward for years,' Zaatarah added. 'With a solid foundation, patented tech, and profitability achieved, we are ready to scale globally and define the future of media.' World-Class Investor Backing In addition to the International Finance Corporation (IFC), a member of the World Bank Group, and other recent strategic investors, VUZ is backed by a distinguished and globally diverse group of institutional partners. These include e& capital, KBW Ventures, Al Jazira Capital, DFDF, SRMG Ventures, Caruso Ventures, Shorooq Partners, Plug and Play Ventures, Hala Ventures, Vision Fund, Knollwood Investment Advisory, Panthera Capital, Faith Capital, WIN, Elbert Capital, Yasta Partners, AlTouq Group, Impact46, Media Visions, 500 Startups, DAI, Al Falaj, and DTEC Ventures (Oraseya Capital), along with notable tech leaders including Magnus Olsson, Samih Toukan, and Jonathan Labin — reflecting strong international conviction in VUZ's vision, performance, and global growth potential.
Zawya
19-05-2025
- Business
- Zawya
Global investment giant IFC (World Bank) invests in VUZ $12mln pre-series C, the world's leading immersive media company
Dubai, United Arab Emirate: VUZ, the world's leading immersive media company, has secured the International Finance Corporation (IFC), a member of the World Bank Group, to invest in its $12M Pre-Series C funding round. This strategic investment positions VUZ for accelerated global growth in immersive live streaming and content, AI-driven streaming technologies, and live spatial experiences, building on the next generation of media, the creator economy, sports, and entertainment. The IFC and the World Bank Group collectively manage over $1 trillion in global assets and investment commitments, operating in more than 100 countries. In fiscal year 2024, IFC committed a record of over $56 billion to private companies and financial institutions to drive sustainable development through the private sector. This round also includes participation from Al Jazira Capital, Crosswork VC Success fund (a pre-IPO venture capital fund), multiple existing investors, and several high-profile Saudi family offices, bolstering VUZ's presence in key markets across the world. IFC's Strategic Role in Telecom and Media Expansion The investment marks a pivotal collaboration between VUZ and IFC, which is known for its selective backing of global winners, including (acquired by Amazon). With over 100 investments in telecom and communications companies across Africa, Asia, and Latin America, IFC brings unmatched expertise in market entry and infrastructure scaling across frontier economies. Through this partnership, VUZ will scale further in Saudi Arabia and the UAE and accelerate expansion, particularly in Africa, the USA, and Asia, where demand for immersive experiences and next-generation media is rising rapidly. The move aligns with IFC's mission to advance digital inclusion and economic growth through media innovation and connectivity. A Profitable, Scalable Media Powerhouse In 2024, VUZ achieved EBITDA profitability, with 80% year-over-year gross profit growth, a significant milestone for a tech streaming scale-up. The company's platform — home to 30,000+ hours of premium immersive exclusive content — blends XR, VR, AR, and AI-powered media across sports, entertainment, and creator ecosystems. VUZ has a pipeline of partnerships with some of the largest football clubs, giga projects, and global athletes, as well as A-list artists, creators, and ambassadors. 'We are honored to welcome IFC as a strategic investor, said Khaled Zaatarah, Founder of VUZ. With IFC and the World Bank Group's track record in scaling telecom and digital media companies globally, and over $1 trillion in assets under management, this partnership sets the stage for massive global scale. Together, we'll bring immersive media to the world's fastest-growing markets.' Key highlights: 3 billion+ screen views to date; targeting over 5 billion by 2026 Exclusive immersive content partnerships with LaLiga, Serie A, PFL, and more The largest exclusively owned immersive premium content library of over 30,000 hours Over 40 global telecom integrations, with 20+ in progress Strategic launches across TV Devices, Apple Vision Pro, Oculus, and VUZGo, a new web-embedded immersive tech layer 4 global patents powering proprietary streaming technologies 'This investment reflects IFC's commitment to creative industries as a driver of jobs and income in emerging markets. VUZ's tech edge and global reach align well with our mandate to support scalable platforms that empower creators', said Farid Fezoua, IFC Global Director for Disruptive Technologies, Services, and Funds. A Magnet for Global Creators and Partners VUZ empowers a creator network with a combined global reach exceeding 100 million, offering monetization tools, immersive production capabilities, and a deeply engaging fan experience. Its technology now sits at the center of conversations with device manufacturers, sports federations, and media conglomerates seeking to deliver content that transcends physical limitations. 'This is the scale-up stage we've been building toward for years,' Zaatarah added. 'With a solid foundation, patented tech, and profitability achieved, we are ready to scale globally and define the future of media.' World-Class Investor Backing In addition to the International Finance Corporation (IFC), a member of the World Bank Group, and other recent strategic investors, VUZ is backed by a distinguished and globally diverse group of institutional partners. These include e& capital, KBW Ventures, Al Jazira Capital, DFDF, SRMG Ventures, Caruso Ventures, Shorooq Partners, Plug and Play Ventures, Hala Ventures, Vision Fund, Knollwood Investment Advisory, Panthera Capital, Faith Capital, WIN, Elbert Capital, Yasta Partners, AlTouq Group, Impact46, Media Visions, 500 Startups, DAI, Al Falaj, and DTEC Ventures (Oraseya Capital), along with notable tech leaders including Magnus Olsson, Samih Toukan, and Jonathan Labin — reflecting strong international conviction in VUZ's vision, performance, and global growth potential. About VUZ VUZ is a leading immersive media platform founded in 2017, on a mission to bridge the gap between the physical and digital worlds by removing barriers of Travel, Time, and Access (TTA), building on the next generation of media. The company has raised over $35 million in venture capital to date and operates offices in Riyadh, Jordan, Dubai, and Los Angeles, with a team of over 70 experts across immersive tech, AI, and media. Website: Instagram: App Download: About IFC IFC — a member of the World Bank Group — is the largest global development institution focused on the private sector in emerging markets. We work in more than 100 countries, using our capital, expertise, and influence to create markets and opportunities in developing countries. In fiscal year 2024, IFC committed a record $56 billion to private companies and financial institutions in developing countries, leveraging the private sector solutions, and mobilizing private capital to create a world free of poverty on a livable planet. For more information, visit
