• Lucid Capital raised USD 2.5M in a seed round led by Tharawat Holding, with participation from investment firm Singular Link.
• The fintech also secured up to USD 200 million in capital commitments to scale AI-driven trading strategies across equities and digital assets.
• Founded in 2022, Lucid Capital develops AI-powered algorithmic trading systems, expanding from the US to the UAE as operations grew.

Lucid Capital

UAE-based fintech company, Lucid Capital, raised USD 2.5 million in a seed funding round. The round was led by Tharawat Holding, with participation from Singular Link.

Looking forward, with the funding, it aims to advance its AI research, expand trading infrastructure, and strengthen institutional partnerships. This is in alignment with the mission to continue expanding its market strategies.

Trading

Simultaneously with the seed round, it also secured capital commitments of up to USD 200 million from financial institutions and accredited investors. With this funding, it aims to support the operation and scaling of its trading strategies across US equity markets and digital assets.

Founded in 2022 by San Shi, Yiyi Guo, and Hamad Al Dghair, Lucid Capital is a fintech specializing in  AI-driven algorithmic trading. The startup was initially established in the United States before becoming UAE-based as it expanded its operations. It leverages advanced AI models and autonomous AI agents. This is in order to enable adaptive frequency control, real-time market responsiveness, and optimized execution.

Bottom line: Lucid Capital is positioning itself at the intersection of AI research and institutional trading infrastructure across multiple asset classes. Moreover, the company’s expansion reflects growing regional interest in data-driven trading strategies and cross-border fintech operations. Ultimately, its shift from the US to the UAE reflects how fintech startups are increasingly building globally distributed operations from early stages. These developments place the fintech within a broader trend of AI-focused fintechs scaling capital, infrastructure, and geography in parallel.