AVELIN AI Raises US$3.7 Mn in Pre-Seed Round

The company will use the new funding to expand its business in the Middle East, Europe, and North America. It also plans to reach more enterprise and government customers in these regions.

In addition, AVELIN AI will invest in growing its GPU infrastructure and improving its Cross-Model Fusion technology, which helps combine the strengths of different AI models to deliver better performance.

"Enterprises and governments increasingly recognise that AI cannot come at the expense of security, compliance, or control," said Yury Akinin, founder and CEO, AVELIN AI. "The era of renting intelligence from external providers is coming to an end. Organisations need AI they can own, govern, and trust. AVELIN is building the sovereign AI models and infrastructure that enables that future."

The funding comes at a time when sovereign AI is becoming more important in the Gulf region and around the world. Stricter regulations and rising demand are encouraging businesses and governments to keep their AI systems and data under their own control.

AVELIN AI is supported by several leading technology partners, including NVIDIA Inception, AWS Activate, and the Dubai Future Foundation.

The company also works with programs from Red Hat, DigitalOcean, and OVHcloud, helping it strengthen its technology and support future growth.

With the new funding, AVELIN AI plans to turn its existing business agreements into signed contracts. The company will also strengthen its presence across the Gulf region and expand into Europe and North America during the rest of 2026.

AVELIN AI is focusing on customers in highly regulated industries, including financial services, healthcare, government, and critical infrastructure. As it grows its platform and team, the company is making its AI platform available for enterprise evaluations and product demonstrations.

Founded in 2026 by Yury Akinin, AVELIN AI is backed by a team with strong technical knowledge and experience in building successful global technology companies. The team has a proven record of developing and growing AI businesses.

Before starting AVELIN AI, founder Akinin co-founded Quantori, an AI company focused on life sciences. The company was successfully sold after reaching a valuation of more than $100 million. Akinin also previously led engineering teams that worked with some of the world's largest enterprises.

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