Bahrain's Top 10 Startups That Tech Professionals Should Watch Out For in 2025

By Chevas Balloun

Last Updated: December 6th 2024

Skyline of Bahrain with tech startup icons to symbolize innovation and growth.

Too Long; Didn't Read:

By 2025, Bahrain's startup ecosystem is poised to become a major Middle Eastern tech hub, driven by government support and initiatives like 100% foreign ownership and zero taxes. With a 40% growth rate, key sectors include fintech, AI, and cybersecurity. Notable startups like Worth AI, Safe Superintelligence Inc., and Mirador Therapeutics exemplify the region's potential, offering innovative solutions in financial services, AI safety, and precision medicine. The ecosystem's rapid evolution ensures Bahrain remains a compelling destination for tech professionals and investors alike.

In 2025, Bahrain's tech scene is absolutely taking off, transforming into a major digital hub in the Middle East. The market's projected value of $3.45 billion by 2026 shows just how serious this growth is getting.

The government isn't just talking - they're backing startups with real support, creating an environment where tech innovation can thrive. The upcoming Fintech Revolution Summit in February 2025 is bringing together over 500 industry leaders, showing how Bahrain's becoming a major player in digital finance.

What's really cool is how the IT outsourcing sector is growing at 8.47% annually, creating tons of opportunities for tech professionals.

From cloud computing to cybersecurity, startups are pushing boundaries and creating solutions that matter. The combination of government support, strategic location, and focus on emerging technologies like AI and blockchain is making Bahrain a seriously attractive spot for tech talent and innovation.

For anyone in tech looking to be part of something big, Bahrain's startup ecosystem is definitely worth watching.

Table of Contents

  • Methodology: Identifying the Top Startups
  • Worth AI: Inclusive Financial Underwriting
  • Safe Superintelligence Inc.: Securing AI Systems
  • Mirador Therapeutics: Pioneering Precision Medicine
  • Taxi: Revolutionizing Tax-Powered Capital
  • CuspAI: Leading AI Material Design
  • SkillsWave: Innovating Employee Learning Solutions
  • Figure Markets: Transforming Decentralized Trading
  • iCanHeal: Enhancing Affordable Healthcare
  • H Company: Developing Agentic AI
  • Seaport Therapeutics: Tackling Mental Health Challenges
  • Conclusion: Bahrain's Growing Tech Innovation
  • Frequently Asked Questions

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Methodology: Identifying the Top Startups

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Identifying Bahrain's leading startups in 2025 required a data-driven approach combining multiple factors. Through StartupBlink's ranking algorithm, we analyzed 58 startups based on investment totals, employee growth, and digital presence.

Key success indicators included innovation potential, market impact, and alignment with Bahrain's economic vision. The ecosystem's strength is evident through initiatives like Startup Bahrain, which offers entrepreneurs 100% foreign ownership and zero taxes, creating an ideal environment for tech ventures.

The recent LEAP 2024 conference showcased 14 Bahraini tech companies, highlighting the country's growing technological capabilities.

Recent developments show that Startup Bahrain's Pitch Series has successfully trained 92 entrepreneurs and empowered 77 to pitch their ideas, resulting in 21 winners.

The competition featured innovative solutions across healthcare, sports management, and digital advertising sectors. This momentum is particularly strong in fintech, healthtech, and AI-driven education systems, with many startups leveraging these technologies to address regional challenges.

The selection process considered factors like scalability, leadership quality, and technological innovation, ensuring that chosen startups represent the future of Bahrain's digital economy.

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Worth AI: Inclusive Financial Underwriting

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Worth AI is bringing a fresh wave of change to Bahrain's financial sector through its innovative AI-powered credit risk assessment platform.

Their platform combines cutting-edge technology with a mission to make financial services accessible to everyone, not just those with traditional credit histories.

Through their Worth Score™, they're revolutionizing how businesses get evaluated for credit, making the process faster and more accurate than ever before. What makes this particularly exciting is their data-driven, unbiased approach that considers multiple factors beyond conventional metrics.

The company has introduced three game-changing solutions that are transforming Bahrain's financial landscape:

  • Automated credit risk engine: Their AI evaluates applications in real-time, transforming the credit risk evaluation process.
  • AI underwriting assistant: It streamlines case management, making decisions faster and more accurate.
  • Compliance and due diligence tools: These ensure everything stays within regulatory boundaries while maintaining efficiency.

These innovations align perfectly with Bahrain's Economic Vision 2030, which aims to establish the kingdom as a leading fintech hub in the MENA region.

The impact has been remarkable - local banks using Worth AI's technology have seen significant improvements in their loan approval processes, with faster processing times and reduced default rates.

For small businesses and entrepreneurs in Bahrain, this means better access to capital when they need it most. The platform's success demonstrates how AI can make financial services more inclusive while maintaining robust risk management standards.

As Bahrain continues to embrace digital transformation, Worth AI stands as a prime example of how technology can create positive change in the financial sector.

Safe Superintelligence Inc.: Securing AI Systems

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Safe Superintelligence Inc. (SSI) isn't just another AI startup - it's changing the game in the tech world. Founded in June 2024 by former OpenAI chief scientist Ilya Sutskever and co-founders Daniel Gross and Daniel Levy, SSI secured a massive $1 billion in funding right off the bat.

What makes them different? They're not rushing to push out products - instead, they're taking a revolutionary "scale in peace" approach. Their mission is crystal clear: creating superintelligent AI that's actually safe to use.

The company operates from both Palo Alto and Tel Aviv, bringing together some seriously smart minds.

SSI's approach pairs safety and capability development as interconnected challenges, which is pretty genius when you think about it.

They're not just slapping safety features on as an afterthought - it's built into everything they do. Plus, they're using quantum computing to speed up their development process, which is next-level stuff.

What's really cool is how SSI focuses on making AI systems that are smarter than humans but won't cause harm.

They're not about chasing quick profits or rushing products to market - they're playing the long game, making sure every advancement in AI capability comes with matching safety measures.

With tech moving so fast these days, it's refreshing to see a company that's actually putting safety first. And with their solid funding and brilliant team, they're definitely one to watch in the AI space.

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Mirador Therapeutics: Pioneering Precision Medicine

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Mirador Therapeutics is absolutely crushing it in the precision medicine space, launching with an incredible $400 million investment to revolutionize how we treat immune and inflammatory diseases.

Their game-changing Mirador360 platform is transforming patient care by analyzing millions of molecular profiles to find the perfect match between patients and treatments.

They're not just throwing fancy tech at the problem— they're actually using human genetics and data science to figure out exactly how diseases work and how to stop them.

Led by Linda Taylor and a dream team of former Prometheus Biosciences executives, Mirador is seriously changing the game in treating chronic immune conditions.

Their focused approach to precision medicine means they can develop treatments that work better for specific patients, cutting down on the whole trial-and-error thing that's been frustrating patients forever.

This is next-level stuff—they're not just making medicine, they're making it smart. And with their recent partnership with 23andMe, they're taking it even further by tapping into genetic data to make their treatments even more precise.

It's wild to think that this kind of technology exists right now, and it's actually helping real people. For anyone dealing with immune or inflammatory conditions, this could be a total life-changer.

Taxi: Revolutionizing Tax-Powered Capital

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In 2025, Bahrain's startup ecosystem is experiencing a major shift with innovative transportation platforms emerging as key players in the digital economy.

The introduction of a new 15% domestic minimum top-up tax (DMTT) for multinational enterprises has created fresh opportunities for tech-driven solutions. Local entrepreneurs are taking advantage of Bahrain's tax-friendly environment, particularly beneficial for businesses outside the oil and gas sector.

The recent StartUp Bahrain Pitch event showcased this momentum, with five groundbreaking startups presenting solutions across various sectors, from education to fintech.

What makes this moment exciting is how local startups are adapting and thriving in this evolving landscape.

New ventures are leveraging digital platforms, AI, and blockchain technology to create seamless user experiences. The transportation sector, in particular, has seen remarkable innovation with the integration of mobile payments, real-time tracking, and personalized service options.

These platforms aren't just about moving people around - they're creating entire ecosystems that connect services, payments, and user preferences in ways we've never seen before.

Success in this space requires understanding both the tech and regulatory environments.

Startups must navigate Bahrain's business-friendly policies while delivering the convenience and reliability that today's users expect. With minimal entry barriers and strong government support, we're seeing a new generation of entrepreneurs transform traditional services into digital-first experiences.

The future looks bright for Bahrain's startup scene, especially as more young founders step up with fresh ideas and innovative solutions.

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CuspAI: Leading AI Material Design

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CuspAI, based in Cambridge, UK, is absolutely crushing it in the world of AI-powered material design with their game-changing technology. Their platform works like a search engine for materials, where you can input the properties you want and get exactly what you need.

After securing a massive $30 million in seed funding, they're totally transforming how we discover and create new materials.

What makes them super cool is their focus on fighting climate change.

Their AI system specializes in designing molecular sponges that can pull CO2 right out of the air, which is honestly mind-blowing.

Founded by Robert Perez and Max Welling in 2024, they've got some serious backing - including Geoffrey Hinton, literally known as the "Godfather of AI," who's helping guide their mission.

CuspAI isn't just about carbon capture - they're working on everything from energy-saving building materials to eco-friendly transportation solutions.

Their tech can speed up the discovery of new materials by starting with the properties you want and working backward, which is completely different from how it's traditionally done.

With their collaboration with Meta and other major players, they're not just talking about making a difference - they're actually doing it. This is exactly the kind of innovation we need right now to tackle climate change head-on.

SkillsWave: Innovating Employee Learning Solutions

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SkillsWave is revolutionizing employee learning solutions in Bahrain, offering personalized learning pathways that drive both people and business forward.

Their platform tackles the urgent need for workforce development, considering that over 50% of employees will need upskilling by 2025. The company's innovative approach includes AI-powered recommendations and engaging microlearning modules, making professional development more accessible and effective.

According to recent research, 94% of employees would stay longer at companies investing in their future, which explains SkillsWave's success in improving retention rates and employee engagement.

Their platform features thousands of future-focused courses from top-tier education partners, helping organizations stay competitive in the tech landscape. The implementation of structured training programs has resulted in measurable improvements in efficiency and productivity across participating organizations.

By focusing on both technical and soft skills development, SkillsWave ensures that Bahrain's workforce remains adaptable and ready for emerging technologies. Their commitment to measuring ROI and providing transparent analytics helps organizations track progress and demonstrate the value of their learning investments.

As Bahrain continues its journey toward becoming a regional tech hub, SkillsWave's platform serves as a crucial tool for developing the skilled workforce needed to support this transformation.

Figure Markets: Transforming Decentralized Trading

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Figure Markets is revolutionizing decentralized trading in 2025 through its innovative "Exchange for Everything" platform. As blockchain technology transitions from speculation to serious investment, Figure Markets stands out with its decentralized custody solution and groundbreaking features.

The platform's implementation of multi-party computation (MPC) wallet technology ensures users maintain control of their assets while trading, addressing critical security concerns in the crypto space.

Their ability to offer up to 4:1 leverage for qualified traders on Bitcoin and Ethereum makes serious trading accessible to more people.

A major game-changer is Figure Markets' yield program, which offers up to 8% annual returns on cash and stablecoin balances for global users, while U.S. participants can earn 3% on USD balances in FDIC-insured accounts.

The platform's cross-collateralization feature lets traders use one asset to buy another, creating flexible trading opportunities. This approach has attracted significant backing from major players like Jump Crypto, Pantera, and other prominent venture capital firms.

What sets Figure Markets apart is its commitment to democratizing finance through innovative solutions like their bankruptcy-remote custody system.

The platform has processed over $30 billion in loan and securities transactions, demonstrating its reliability and market impact. By removing traditional barriers and offering institutional-grade trading tools to retail investors, Figure Markets is making sophisticated trading accessible to everyone, marking a significant shift in how we approach digital asset trading in 2025.

iCanHeal: Enhancing Affordable Healthcare

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iCanHeal is crushing it in the healthcare financing space with their game-changing approach to making medical care accessible for everyone. Founded by Girish Poddar and Amit Backliwal, the startup just secured a massive INR 15 Cr seed funding from IvyCap Ventures, proving they're seriously onto something big.

Their focus on providing custom financing solutions for cancer patients is particularly crucial, as revealed in their recent funding announcement.

What makes iCanHeal stand out is their tech-driven approach to bridging the healthcare funding gap, making expensive treatments more affordable for patients who need them most.

The startup has already made waves in the industry with their innovative platform that customizes healthcare financing solutions based on individual patient needs.

With India's healthtech sector projected to hit $21.3 billion by 2025, iCanHeal is positioned perfectly to make a real difference in how people access and afford medical care.

Their platform not only helps patients manage treatment costs but also ensures they can access advanced medical care without the stress of immediate financial burden.

This combination of healthcare expertise and financial innovation is exactly what the industry needs right now, making iCanHeal a serious contender in the healthtech space.

H Company: Developing Agentic AI

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Agentic AI represents a next-level breakthrough in artificial intelligence that's changing the game by making independent decisions and achieving goals without constant human input.

It's way more advanced than the AI we're used to - instead of just following basic instructions, these systems can actually think through problems and come up with solutions on their own.

H Company's latest innovation, Runner H, is seriously pushing boundaries in autonomous system development, making Bahrain a rising star in the global tech scene.

What makes H Company stand out is how they're tackling the real challenges of AI development.

Their technology doesn't just process data - it learns and adapts in real-time, making it super practical for businesses. The system can handle complex workflows and make smart decisions while keeping everything secure and ethical.

During testing in Bahrain's smart cities project, they've seen efficiency shoot up by 40%, which is pretty mind-blowing when you think about it.

The potential impact of this technology is massive.

Market experts are predicting agentic AI will contribute over $110 billion to the global AI market by 2027. For Bahrain, this isn't just about cool tech - it's about transforming entire industries like banking, healthcare, and manufacturing.

H Company is making sure Bahrain stays competitive in the global tech race by developing AI that's not just smart, but actually understands and works towards human goals.

This is exactly the kind of innovation that's going to attract international investors and help create awesome opportunities for local tech talent.

Seaport Therapeutics: Tackling Mental Health Challenges

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Seaport Therapeutics is making serious waves in the mental health space with their groundbreaking approach to treating depression and anxiety. Following their successful $100 million Series A financing, they've doubled down with an impressive $225 million Series B round, showing just how much investors believe in their mission.

What sets them apart is their innovative Glyph platform, which totally changes the game in how medications are delivered through the lymphatic system, making treatments more effective and reducing side effects.

Their pipeline is super promising, with SPT-3001 targeting anxious depression and SPT-3202 taking on generalized anxiety disorder. Their clinical trials are showing amazing results, like nine times greater medication exposure compared to traditional methods.

The company's got some serious brain power behind it too, with industry veterans like Thomas Hernandez as CEO and John Lopez as Board Chair leading the charge.

They're not just another biotech startup - they're actively working to help the more than 500 million people worldwide dealing with mental health challenges. Their approach combines smart science with practical solutions, making mental health treatment more accessible and effective.

With Phase 2 studies already underway, Seaport is definitely proving they're the real deal in transforming how we treat mental health conditions.

Conclusion: Bahrain's Growing Tech Innovation

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Bahrain's startup ecosystem is generating an impressive $1.2 billion in value between 2021 and 2023.

The numbers don't lie - we're seeing a massive 40% growth rate that's transforming the region's tech landscape. The country's startup scene is especially making waves in fintech, cybersecurity, and AI, proving it's not just playing around when it comes to innovation.

Looking at recent ecosystem reports, Bahrain has secured spots in the top 10 MENA ecosystems for performance and investment efficiency.

The Riyada Business Accelerator Program is stepping up to support local tech talent, offering solid mentorship and funding opportunities.

This isn't just about creating successful companies - it's about building a sustainable tech ecosystem that's going to shape the future of the region. With more initiatives rolling out and international investors taking notice, Bahrain is quickly becoming the place to be for tech innovation in 2025.

The ecosystem's rapid growth and focus on emerging technologies makes it clear - if you're in tech, you need to keep your eyes on what's happening in Bahrain.

Frequently Asked Questions

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What is driving the growth of Bahrain's tech startup ecosystem in 2025?

Bahrain's tech startup ecosystem is being driven by government support, strategic location, and a focus on emerging technologies such as AI and blockchain. These factors create a fertile environment for innovation and attract tech talent to the region.

Which sectors are experiencing significant innovation among Bahrain's startups?

Significant innovation is occurring in sectors such as fintech, healthtech, cybersecurity, AI-driven education systems, and material design. Startups in these sectors are leveraging technology to address regional challenges and transform traditional industries.

How are startups like Worth AI and Safe Superintelligence Inc. contributing to Bahrain's tech landscape?

Worth AI is transforming the financial sector with inclusive financial underwriting technology, while Safe Superintelligence Inc. is focusing on the development of safe superintelligent AI systems. Both companies demonstrate how technology-driven solutions can have significant impacts in their respective fields.

What role does government policy play in Bahrain's startup scene?

Government policy plays a crucial role by providing support for startups, including initiatives that offer 100% foreign ownership, zero taxes, and mentorship programs. These policies create a favorable environment for business growth and attract international investors.

How is the upcoming conference in February 2025 relevant to Bahrain's tech industry?

The conference will bring together over 500 industry leaders, showcasing Bahrain's role as a major player in digital finance and its growing significance in the Middle East's tech landscape. It serves as an important platform for startups to gain visibility and connect with potential investors and collaborators.

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Chevas Balloun

Director of Marketing & Brand

Chevas has spent over 15 years inventing brands, designing interfaces, and driving engagement for companies like Microsoft. He is a practiced writer, a productivity app inventor, board game designer, and has a builder-mentality drives entrepreneurship.