UAE-based sovereign AI platform AVELIN AI has raised $3.7 million in a pre-seed funding round from unnamed angel investors. Founded in 2026 by Yury Akinin, AVELIN develops a sovereign AI platform that enables enterprises and governments to deploy AI while maintaining full owners…
Curated by CityCalc from Wamda. Read the full article at the source.
Related articles
- Sufra AI secures $100K from Snoonu as Startup Factory launches — Qatar-based F&B tech startup Sufra AI has secured a $100,000 pre-seed investment from Snoonu, marking the first deal under its Startup Facto
- Raedbots launches as Egypt’s first industrial robotics manufacturer — Egypt-based Raedbots has launched as a local industrial robotics manufacturer, claiming to be the first in Egypt. Founded in 2026 by Mohame
- Tamwilcom launches $69 million venture-building programme to support 800 Moroccan startups — Moroccan public financing institution Tamwilcom has launched a $69 million (MAD 700 million) venture-building programme to support 800 start
- Egypt’s Talaat Moustafa launches $27bn ‘cognitive city’ in Cairo — Egyptian developer Talaat Moustafa Group is building an EGP1.4 trillion ($27 billion) urban development in eastern Cairo. The Spine wil
- Abu Dhabi’s Zayed airport opens for non-flying shoppers — Abu Dhabi’s Zayed International Airport (AUH) has introduced a new “shopping pass” allowing non-travellers access to its terminal. The