CNTXT AI, a UAE-based data and AI company, has raised $60 million in a Series A round co-led by AI71 and BlueFive Capital to accelerate product development, enter new markets, and deploy secure AI infrastructure for enterprise and government customers worldwide.
Founded in 2023 by Mohammad Abu Sheikh, whose previous venture LocAI was acquired by AI71, CNTXT AI develops sovereign AI solutions that enable organisations to build and scale AI applications while maintaining full control over their data.
The company will use the fresh capital to accelerate product development, expand into new markets, and deploy secure sovereign AI infrastructure for enterprise and government customers globally.
Earlier in June, CNTXT AI acquired Actualize, an enterprise AI startup specialising in dialect-aware Arabic voice agents, to strengthen its Arabic voice AI offerings for enterprise and government clients across the GCC.
Press release:
