RIYADH: Startups across the Middle East and North Africa continue to attract investor interest and pursue strategic expansion, with fresh funding rounds, acquisitions, and new market entries highlighting sustained momentum across artificial intelligence, fintech, and digital infrastructure.

Saudi Arabia-based AI startup Infobrim has secured its first strategic angel funding round at a $3.5 million valuation from unnamed investors, as it looks to scale its AI-powered business intelligence platform.

Founded in 2024 by Mohamed Obied and Sherif Sayed, the company offers an AI-native BI lakehouse architecture that connects enterprise data sources and delivers real-time analytics through dashboards, predictive signals, and AI-driven insights.

The funding will support product development and expansion of its SaaS analytics solution, positioning the company to help enterprises convert raw data into actionable intelligence while aligning with Saudi Arabia’s broader digital transformation efforts under Vision 2030.

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