Dubai’s qeen.ai Lands $10 Million to Revolutionize E-Commerce with AI Innovation

In a significant boost to the Middle Eastern tech landscape, Dubai-based startup qeen.ai has announced the successful closing of a $10 million seed funding round. This substantial investment was led by Prosus Ventures, a global tech investor, with strong support from regional players Wamda Capital, 10x Founders, and Dara Holdings. The latest infusion of capital brings qeen.ai's total funding to an impressive $12 million, signaling robust investor confidence in the company's vision and potential.

Founded just this year by a team of former Google and DeepMind colleagues—Morteza Ibrahimi, Ahmad Khwileh, and Dina Alsamhan—qeen.ai is on a mission to transform the e-commerce sector through advanced artificial intelligence. The startup specializes in developing autonomous AI agents that assist online businesses with key operations such as content generation, marketing strategies, and conversational sales. By automating these tasks, qeen.ai aims to empower merchants to operate more efficiently and effectively in an increasingly competitive market.

"We started qeen.ai with the belief that AI can fundamentally change how e-commerce businesses operate," said co-founder and CEO Morteza Ibrahimi. "This funding is not just a financial milestone; it's a validation of our vision to bring cutting-edge AI solutions to merchants who are eager to innovate and grow."

Since the launch of its flagship product, the Dynamic Content agent, qeen.ai has made remarkable strides. The platform has already generated over one million product descriptions, reaching an audience of more than 15 million users worldwide. Merchants utilizing qeen.ai's technology have reported a substantial 30% increase in sales, highlighting the tangible impact of AI integration on business performance.

The new funding will enable qeen.ai to expand its platform's capabilities, incorporating more advanced features that cater to the evolving needs of e-commerce businesses. The company also plans to grow its team, attracting top talent to drive further innovation, and to expand its customer base both within the Middle East and on a global scale.

"The e-commerce landscape is evolving rapidly, especially here in the Middle East and North Africa," noted co-founder and CTO Ahmad Khwileh. "With projections estimating the market will reach $50 billion by 2025, there's a tremendous opportunity for businesses that are willing to embrace new technologies. We're excited to be at the forefront of this transformation."

Investors are equally optimistic about qeen.ai's potential. "We are thrilled to support qeen.ai in their journey to revolutionize the e-commerce sector," said Robin Voogd, Head of Middle East Investments at Prosus Ventures. "Their innovative AI agents are not just tools but strategic assets for merchants looking to thrive in an AI-first world."

Indeed, the Middle East's e-commerce boom is being driven by key markets like Saudi Arabia and the United Arab Emirates, where tech-savvy consumers and a growing digital infrastructure create fertile ground for innovation. qeen.ai's solutions are poised to help businesses capitalize on this momentum by optimizing operations and enhancing customer experiences.