SaaS
Saudi Construction Tech Startup Fitting Raises $1.1M to Digitize Procurement
• Fitting, a Saudi ConTech startup founded in 2025, raised a $1.1M second seed round from an undisclosed strategic real estate investor. • The platform centralizes construction procurement, enabling contractors to order materials and track deliveries directly with suppliers. • The strategic investor provides direct market access and operational insight to help tailor the software to actual site bottlenecks. • Capital will fund geographic expansion within Saudi Arabia, technical infrastructure upgrades, and local engineering hires in alignment with Vision 2030.
Simplifi.my Processes RM12 Billion in Legal Transactions, Captures 250 Malaysian Law Firms
• Simplifi.my processed 25,000+ legal and property transactions worth RM12 billion+ since March 2023, capturing 250+ Malaysian law firms. • Non-technical founder Mohammad Hafiz Hasan utilized 16 years of finance and property expertise to build workflow automation for a highly regulated, analog sector. • The platform is transitioning from pure back-office enterprise software to a consumer-facing legal access portal via new iOS and Android applications. • An upcoming 12-to-24-month expansion into Southeast Asia will critically test the platform's ability to navigate fragmented cross-border regulatory environments and localized compliance laws.
World CIO 200 Summit 2026 Gathers 1,100 Technology Executives in Karachi
- The World CIO 200 Summit 2026 confirms its Pakistan edition for September 12 in Karachi, expecting over 1,100 domestic and international technology executives. - Event framework integrates domestic IT leadership with a 60-country network, focusing on infrastructure modernization and enterprise security. - Over 100 expatriate technology leaders will attend, signaling a strategic push to channel overseas expertise into the local technology sector. - Organizers point to recent government economic reports of record IT exports as a primary driver for the sustained international interest in Pakistan's digital infrastructure.
Bypassing Code-Gen Hype, Ishraq Khan’s Kodezi Deploys ‘Quiet AI’ to Conquer Enterprise Technical Debt
- **Strategic Divergence:** Kodezi bypasses the saturated AI code-generation market, targeting the higher-friction, lower-competition domain of autonomous codebase maintenance and technical debt reduction. - **Proprietary Tech:** The company's debugging-first Chronos LLM—trained on 15M+ debugging sessions—achieves an 80.33% resolution rate on the SWE-bench Lite benchmark for repository-scale root cause analysis. - **Operational Discipline:** After scaling to 5M+ users and 50M monthly API calls, Khan executed a calculated pivot toward enterprise contracts, shedding vanity metrics to slash crushing LLM infrastructure costs. - **Value-Driven Leadership:** Khan operationalizes Islamic principles—treating investor capital as Amanah (fiduciary trust) and engineering as Ihsan (excellence)—to drive transparent, verifiable AI research.
UAE and Saudi Investors Back Syrian Super App Labby with $10 Million
• **Investment:** Syria-based Labby secured $10M from UAE and Saudi investors, logging the first direct foreign venture funding for a local tech startup. • **Product model:** Founded by Mohammad Fawaz in 2024, the platform bundles ride-hailing, food delivery, e-commerce, and payments to lower customer acquisition costs and drive daily user habits. • **Capital deployment:** The startup will allocate the fresh capital to hire engineers, upgrade its software architecture, and expand its footprint across the domestic market. • **Sector impact:** The transaction proves Gulf investors will back local founders in highly restricted business environments, setting a new precedent for the Syrian tech community. • **Strategic goal:** The platform aims to modernize local commerce by transitioning everyday offline consumer transactions onto digital payment rails.