AppliedAI Secures $55M Series A for Global AI Market Expansion in Abu Dhabi

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AppliedAI secured $55 million in its Series A funding round after relocating to Abu Dhabi.
Investors include MEVP, G42, and Bessemer Venture Partners, signalling strong support.
Funds will aid international expansion and enhance tech capabilities across regulated industries.
Their AI tool, Opus, automates back-end operations, reducing manual processes drastically.
AppliedAI is becoming a major player in Abu Dhabi's growing digital innovation scene.
When AppliedAI moved from rainy old London to sunny Abu Dhabi back in 2022, I reckon they were onto something—and seems investors agree wholeheartedly. Recently, AppliedAI successfully wrapped up its Series A funding round, bagging a cool $55 million. And believe it or not, the round saw demand outstrip supply—talk about being in hot demand.
Middle East Venture Partners (MEVP) got on board this funding train along with some seriously big industry hitters including G42, Bessemer Venture Partners, and strategic regional partner e&. The plan, quite sensibly, is to use this capital injection to ramp up international expansion, beef-up their tech capabilities, and deepen their footprint across regional markets.
If you're not familiar with their platform, AppliedAI have developed Opus—a smart AI-driven tool designed to automate the trickier back-end operations, especially in highly regulated sectors like finance, healthcare, and government. Basically, they're doing away with all that tedious manual paperwork faff, allowing businesses to sidestep operational headaches.
Since their relocation from London, AppliedAI haven't wasted any time in putting down local roots, building handy connections within Abu Dhabi’s burgeoning AI ecosystem. Abu Dhabi, it seems, is becoming a go-to hub for pioneering digital innovation.
MEVP, headquartered in the buzzing hotspots of Dubai and Beirut, also maintains offices in Riyadh, Cairo, and Amman. Managing assets of over $300 million, their portfolio includes a host of technology startups, mostly early to mid-stage ventures. They're quite chuffed to bits, I'd imagine, to add AppliedAI to their growing arsenal of high-impact regional investments.
At Arageek, we're all about startups shaking things up in the MENA region, and this definitely feels like one to keep an eye on. A tech company bringing cutting-edge AI solutions straight into the heart of the Middle East—it’s an exciting sign of the region's growing role on the global tech stage.
With this fresh funding secured, AppliedAI looks set to take things up another notch—definately one to watch in the coming months.
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