UAE-based AI startup qeen.ai announced securing a $2.2 million pre-seed funding round, led by Wamda Capital.
Other international and regional investors in the startup, founded by ex-Google and ex-DeepMind professionals Dina Alsamhan, Ahmad Khwileh and Morteza Ibrahimi, include 10X Founders, Aditum and Dara Holdings, Jabbar Group, Phaze Ventures and Eureka 460.
The startup said it will deploy the fresh capital to drive its mission to transform the global e-commerce landscape, starting in the MENA region.
It provides accessible and autonomous AI solutions tailored to e-commerce businesses.
Fadi Ghandour, CEO of Wamda Capital, said the fund is thrilled to back qeen.ai in their mission to disrupt the e-commerce space in the MENA region.
“We believe that queen.ai is well poised to achieve substantial growth and success, as it fulfills a crucial market need by providing businesses with accessible AI solutions that can significantly improve their revenue,” he said.
Dina Alsamhan, co-founder of qeen.ai and the former head of Google’s media business in Saudi Arabia, said the startup team has unrivalled expertise in generative AI and optimisation technologies, and is committed to reimagining problem spaces and addressing them by providing cutting-edge solutions that fundamentally transform the way businesses connect with their shoppers.
Addressing a crucial gap in e-commerce, qeen.ai offers no-code, native GenAI product discovery solutions to boost online sales and customer lifetime value (LTV) for e-commerce businesses.
With its multilingual AI models that are exceptionally apt at understanding the nuances of the Arabic language, the startup offers a unique advantage in a market often underserved by existing solutions.
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