Investments

Saudi’s Sawt Secures $1M to Scale Its AI-Powered Customer Service Platform

Riyadh-based AI startup Sawt has secured $1 million (SAR 3.75 million) in a pre-seed funding round led by STV and T2, as it sets out to revolutionize customer service across the GCC using advanced Arabic-native voice AI. The startup replaces traditional call centers with AI-powered voice agents capable of handling bookings, support, and sales calls […]

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Saudi-Based Calo Secures $39M to Expand Its AI-Driven Meal Platform

Saudi-based foodtech startup Calo has raised an additional $39 million in a Series B extension round, bringing its total funding to $64 million, surpassing its original $50M target. The round was led by AlJazira Capital, with participation from Nuwa Capital, STV, Khwarizmi Ventures, Al Faisaliah Group, and Oraseya Capital. With this new funding, Calo plans

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ABC’s head of AI research outlined the 7 areas the bank is looking to apply the tech

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