Dubai-based AI agent developer for ecommerce, Qeen.ai, secures $10 million in seed funding, led by Prosus, for their groundbreaking venture
In the heart of Dubai, a promising AI startup named Qeen.ai is making waves in the e-commerce sector. Founded in 2023 by Morteza Ibrahimi, Ahmad Khwileh, and Dina Alsamhan, former colleagues from Google and DeepMind, Qeen.ai is a GenAI-native platform that specializes in automating e-commerce tasks for businesses of all sizes.
The startup recently secured a significant $10 million in one of the largest seed rounds in the MENA region to date, led by Prosus Ventures. The round also saw participation from Wamda Capital, 10x Founders, and Dara Holdings, reflecting growing external confidence in Qeen.ai's technological potential and market fit within the UAE and broader Middle East startup ecosystem.
Qeen.ai's technology enables merchants to automate their e-commerce operations through domain-expert AI agents. Since launching its Dynamic Content agent in Q2 2024, the startup has served over 15 million users and generated more than 1 million SKU descriptions. These AI agents have helped merchants achieve a 30 percent increase in sales.
With this fresh funding, Qeen.ai plans to expand its platform's capabilities, scale the team, and grow the customer base. The company is positioned to leverage AI advancements and regional interest in AI-driven solutions to scale and deepen its automation capabilities for e-commerce.
The rising interest in AI investments across the UAE, as reflected by large-scale investment initiatives like Abu Dhabi’s MGX planning multi-billion dollar funds to boost AI technologies, could facilitate Qeen.ai’s access to strategic capital and partnerships in the near term.
Qeen.ai's future plans include building on its existing autonomous content and marketing agents to address a broader range of challenges faced by online businesses. While explicit detailed roadmaps are not publicly disclosed, the startup's promising start and the supportive investment landscape in the UAE suggest a bright future for this Dubai-based AI startup.
- Qeen.ai's recent $10 million seed funding will be used to expand the platform's capabilities, scale the team, and grow the customer base, as they aim to leverage AI advancements and regional interest in AI-driven solutions to scale and deepen their automation capabilities in the e-commerce sector.
- The rising interest in AI investments in the UAE, demonstrated by large-scale initiatives like Abu Dhabi’s MGX planning multi-billion dollar funds to boost AI technologies, could potentially facilitate Qeen.ai's access to strategic capital and partnerships, given their future plans to build on their existing AI agents and address a broader range of challenges faced by online businesses.
