MARKET MOVEMENT
LAHINT secures SAR 4M pre-seed funding during LEAP 2025
LAHINT , a company specialising in government services automation , has successfully closed its SAR 4 million Pre- Seed funding round on the second day of its participation in the LEAP 2025 global conference in Riyadh .
The company reaffirmed its strategic goal of automating 50 government services by 2027 , positioning LAHINT as the go-to platform for individuals and businesses seeking seamless government transactions . Additionally , LAHINT aims to strengthen its partnerships with government entities to align with its strategic objectives and support Saudi Arabia ’ s Vision 2030 for economic and digital transformation .
LAHINT ’ s platform features an advanced verification system based on Saudi legal and regulatory databases , allowing users to receive instant , AI-powered eligibility consultations for free , without the complexities of navigating government services .
Furthermore , the platform enables fully automated service execution for end-users through integration with various government portals , ensuring faster and more efficient digital public services .
LAHINT has gained both local and international recognition , having been featured in the 2024 annual report of Saudi Venture Capital , SVC as one of the most promising startups in Saudi Arabia . It was also named Saudi Arabia ’ s Best Startup of 2024 , reflecting its growing impact in the tech and innovation sector .
The LAHINT Board of Directors comprises experienced leaders from both the public and private sectors , including :
• Mohamed Ibrahim – CEO
• Khaled Alsulami – Chief Strategy Officer
• Ahmed Saber – Chief Technology Officer
• Tariq AlJabr – Chief Business Development Officer
• Ziyad Alsulais – Chief Commercial Officer
LAHINT is a platform designed to streamline access to government and public services in Saudi Arabia . Lahint aims to connect users with trusted service providers , eliminating complexities associated with navigating governmental websites . With a focus on efficiency , accessibility , and transparency , Lahint is poised to transform the service sector and shape a more effective future .
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Qlik acquires Upsolver , pioneer in real-time data streaming , and Apache Iceberg optimisation
James Fisher
Qlik , a global provider in data integration , data quality , analytics , and AI , has announced the acquisition of Upsolver , a pioneer in real-time data streaming and Apache Iceberg optimisation . This move deepens Qlik ’ s ability to provide enterprises with end-to-end , open and scalable solutions that unify data integration , analytics , and AI under a single platform .
The acquisition combines Upsolver ’ s real-time ingestion to Iceberg and adaptive optimisation with Qlik ’ s end-to-end data platform , enabling organisations to access data faster , optimise their data estate , reduce costs , and unlock AI-driven insights .
The acquisition of Upsolver positions Qlik to lead in the shift toward open data lakehouses , where enterprises demand flexibility , scalability , and performance . Apache Iceberg , a transformative open table format , enables organisations to implement open lakehouses that provide highperformance analytics on large datasets while ensuring seamless integration with various data processing engines .
By integrating Upsolver ’ s real-time ingestion and optimisation technologies , Qlik offers a seamless platform for delivering timely insights , reducing infrastructure costs , and enabling enterprises to scale analytics and AI initiatives with open , trusted and governed data . Key benefits of this acquisition include :
Real-Time Insights : Enable continuous ingestion from streaming sources like Kafka and Kinesis , powering faster decisions and AI workflows .
Unified Data Ecosystem : Single unified data platform to ingest , transform , manage , optimise and govern Icebergbased open lakehouses .
Cost Optimisation : Cut infrastructure costs with Upsolver ’ s Adaptive Iceberg Optimizer , reducing storage and improving query performance by up to 5x through automated , table-specific optimisations . Open and Interoperable : Leverage an open Iceberg table format to operate flexibly with a range of tools and engines like Snowflake , Databricks , and Athena .
“ With Upsolver ’ s real-time streaming capabilities and advanced Iceberg optimisation , we ’ re building on Qlik ’ s proven enterprise solutions to drive even greater value for our customers ,” said James Fisher , Chief Strategy Officer at Qlik .
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