Saudi Arabia-based healthtech Aumet has raised $12 million in Series A funding led by Emkan Capital.

The round included participation from Qatar Development Bank (QDB), SABAH VC, and AAIC, alongside existing investors Shorooq Partners and Right Side Capital Management.

Founded in 2016 by Yahya Aqel, Adel Haddad and Shahed Jaber, Aumet develops an AI-first procurement operating system for healthcare providers and pharmacies.

The new funding will support AI expansion, enterprise deployments, and regional growth across the GCC and international markets.

In March 2023, Aumet closed a $7 million pre-Series A funding round from AAIC, Shorooq Partners, along with other investors.