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uae startups secure funding to drive ai innovation and economic growth
UAE-based Journify has secured $4 million in funding to enhance its AI-powered customer data solutions, addressing rising customer acquisition costs and improving marketing efficiency. The platform, launched in March 2024, has already achieved significant growth, including a 50% increase in return on ad spend for clients.Meanwhile, Disrupt.com has committed $100 million to support AI-first startups across five strategic sectors, including cybersecurity and retail innovation, aiming to capitalize on the evolving tech landscape despite a contracting funding market in the MENA region.
disrupt.com announces 100 million investment to support global ai startups
UAE-based venture builder Disrupt.com has announced a $100 million investment to support AI-first technology startups globally, following their successful exit from Cloudways. With a unique approach that includes building startups from scratch and co-founding ventures, they aim to target sectors like AI, cybersecurity, and Web3.0, focusing on pre-seed to Series A companies with strong growth potential.
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