TurboHire, an India-based recruitment automation platform, has secured $6million in Series A funding led by IvyCap Ventures. With its AI-powered solutions for large enterprises, TurboHire aims to streamline hiring processes and make talent discovery more efficient. The fresh capital will fuel product development and market expansion, responding to accelerated demand for digital hiring in South Asia and beyond.
Dubai-based fintech Alaan has closed a $48million Series A round, one of the largest in the Middle East and North Africa. Focused on leveraging AI for smarter corporate expense management, Alaan plans to use the funds on product innovation and regional expansion. This robust investment highlights sustained appetite for AI-powered fintech solutions and the growing significance of the MENA market in the global tech scene.
Three cutting-edge startups just secured major funding, signaling big trends in AI-powered tech. German company 1KOMMA5° raised €150 million pre-IPO to scale its AI-driven home energy platform—aiming to make sustainable, CO₂-neutral power management affordable and widespread across Europe and Australia. In cybersecurity, BlinkOps brought in $50 million to expand its “security micro-agents,” which automate repetitive security duties for enterprises without code, improving focus on real threats. Meanwhile, Dropzone AI landed $37 million to grow its AI-driven autonomous SOC analysts, which leverage large language models to investigate and triage security incidents at scale. Collectively, these investments highlight the rapid integration of AI into energy and cybersecurity, boosting efficiency and automation across critical industries.