UAE-based AI startup Qeen.ai has announced the completion of a $2.2M pre-seed funding round, spearheaded by Wamda Capital.
Additional international and regional investors in the startup, which was founded by former Google and DeepMind experts Dina Alsamhan, Ahmad Khwileh, and Morteza Ibrahimi, include 10X Founders, Aditum and Dara Holdings, Jabbar Group, Phaze Ventures, and Eureka 460.
The startup stated it will utilise the new funds to advance its mission of revolutionising the global e-commerce sector, beginning in the MENA region.
It offers accessible and autonomous AI solutions tailored for e-commerce businesses.
Fadi Ghandour, CEO of Wamda Capital, expressed the fund’s excitement to support qeen.ai in their quest to disrupt the e-commerce industry in the MENA region.
“We believe that queen.ai is well-positioned for significant growth and success, as it meets a vital market need by offering businesses accessible AI solutions that can greatly enhance their revenue,” he said.
Dina Alsamhan, co-founder of qeen.ai and the former head of Google’s media business in Saudi Arabia, remarked that the startup team possesses unparalleled expertise in generative AI and optimisation technologies. They are dedicated to reimagining problem areas and addressing them by delivering innovative solutions that fundamentally transform how businesses engage with their customers.
Addressing a critical gap in e-commerce, qeen.ai provides no-code, native GenAI product discovery solutions designed to increase online sales and customer lifetime value (LTV) for e-commerce businesses.
With its multilingual AI models that are exceptionally proficient in understanding the subtleties of the Arabic language, the startup offers a distinctive advantage in a market often underserved by existing solutions.
