Nama Ventures disclosed that NVIDIA has bought Brev.dev, a startup that was supported by the fund, although it did not reveal the financial terms of the transaction.
Brev.dev, which was established in 2021 by Nader Khalil and Alec Fong, provides developers with an easy-to-use platform for building, training, and deploying artificial intelligence (AI) models in the cloud. In June 2022, the business successfully concluded a pre-seed funding round supported by Nama Ventures.
The platform gives developers access to NVIDIA’s most recent graphics processing units (GPUs), guaranteeing excellent performance and affordability for creating sophisticated AI models.
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In a statement, Mohamed Al-Zoubi, Founder and General Manager of Nama Ventures, expressed his delight with the acquisition, saying, “We are proud of this achievement. The Brev.dev team possesses exceptional capabilities and innovative technology, and we are pleased that NVIDIA has recognized the significant potential of this company. We aspire to see more of our portfolio startups reach such successful exits.”
Al-Zoubi also emphasized Nama Ventures’ dedication to helping businesses grow by investing in prospects that show promise and assisting them in realizing their objectives.
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About Nvidia
NVIDIA pioneered accelerated computing. A 1999 GPU invention revolutionized the PC gaming sector, transformed computer graphics, sparked modern AI, and fueled the metaverse. NVIDIA’s full-stack computing and data-center-scale offerings are changing the market.
