AI startup qeen.ai, based in the United Arab Emirates, has revealed that it has successfully closed a $2.2 million pre-Seed investment round to advance its goal of revolutionising the global e-commerce scene, beginning in the MENA area.
Wamda Capital is leading the round, and other global and local investors including Jabbar Group, Phaze Ventures, Eureka 460, and 10x Founders, Aditum, and Dara Holdings are also participating.
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Established in August 2023 by Dina Alsamhan, Ahmad Khwileh, and Morteza Ibrahimi, three former professionals from Google and DeepMind, qeen.ai leverages the GenAI revolution and the wealth of experience of its co-founders to offer self-sufficient and easily accessible AI solutions specifically designed for e-commerce enterprises.
The e-commerce business struggles to meet consumer aspirations in an AI-driven future of convenience. Liquid expectations, based on the greatest experiences across platforms and industries, are already common.
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Businesses see this trend and want to integrate AI technology into their tech stack, but many aren’t sure where to start or don’t have the resources. Qeen.ai’s team of former Google and DeepMind professionals has led the GenAI revolution and watched market changes over the past decade. We offer affordable and autonomous AI solutions for e-commerce firms of all sizes.
qeen.ai sees a future where customers can easily find what they need and merchants can offer smooth, winning experiences by using GenAI and optimisation technologies in a simple and accessible way.
Co-founder and former Google media executive Dina Alsamhan said “We understand Saudi Arabia’s unique business problems because of our deep heritage. Our team at qeen.ai has unmatched expertise in generative AI and optimisation technologies and is dedicated to reinventing these issue spaces and creating cutting-edge solutions that alter how businesses communicate with their shoppers.”
The new financing will help qeen.ai simplify intelligent commerce and make AI solutions accessible and user-friendly for businesses of all sizes aiming to enhance sales.
About qeen.ai
qeen.ai was formed in 2023 by three former Google employees inspired by AI’s ability to simplify. qeen wants to simplify and speed online commerce so content, merchandising, and conversion optimisation are implicit, autonomous, and available to anyone.
