NIC Karachi is hosting a Pitch Fest on June 18, 2026, at 4:30 PM, inviting aspiring founders and early-stage startups to present their ideas and receive real-time feedback from industry experts.

Nectar Social, an AI-powered social engagement platform co-founded by sisters Misbah Uraizee and Farah U, has raised a USD 30 million Series A led by Menlo Ventures and Anthology Fund, with the founders based at Daftarkhwan Downtown in Lahore.

Accelerate Prosperity brought together teams from Pakistan, Kyrgyzstan, Tajikistan, Syria, Afghanistan, and Portugal in Istanbul from June 2 to 5 for a four-day strategic workshop focused on data strategy, climate-conscious impact measurement, AI-native founder support, and geographic expansion.

SpaceX has agreed to acquire Anysphere, the startup behind popular AI coding agent Cursor and co-founded by Pakistan-born Sualeh Asif, in a USD 60 billion all-stock deal aimed at bolstering its presence in the enterprise AI tools market.