•  UAE-based AI startup qeen.ai has successfully raised $2.2 million in pre-seed funding, Wamda Capital leading the round and participation from prominent investors such as 10x Founders, Aditum, Dara Holdings, Jabbar Group, Phaze Ventures, and Eureka 460.

•  Founded in August 2023 by former Google and DeepMind professionals Dina Alsamhan, Ahmad Khwileh, and Morteza Ibrahimi, qeen.ai aims to leverage the GenAI revolution to provide accessible and autonomous AI solutions specifically designed for e-commerce businesses.

•  The newly acquired funding will help qeen.ai transform the global e-commerce landscape, starting with the MENA region, addressing the industry’s challenges in meeting consumer demands shaped by modern AI tools and the concept of liquid expectations.

UAE-based AI startup qeen.ai has announced the successful securing of a $2.2 million pre-seed funding round led by Wamda Capital.

This funding round saw participation from both international and regional investors, including 10x Founders, Aditum, and Dara Holdings, along with Jabbar Group, Phaze Ventures, and Eureka 460.

The funding aims to enable the startup to transform the global e-commerce landscape, starting with the MENA region.

Founded in August 2023 by ex-Google and ex-DeepMind professionals Dina Alsamhan, Ahmad Khwileh, and Morteza Ibrahimi, qeen.ai leverages the GenAI revolution to provide accessible and autonomous AI solutions tailored to e-commerce businesses.

In an era increasingly shaped by AI tools and the convenience they bring to everyday life, the e-commerce industry struggles to keep up with consumer demands.

The concept of liquid expectations, where consumer expectations are influenced by the best experiences they have across various platforms and industries, has become the norm.

“We are excited to support qeen.ai in transforming the e-commerce landscape in the MENA region,” remarked Fadi Ghandour, CEO of Wamda Capital. He continued, “We are confident that qeen.ai is set for significant growth and success by meeting a critical market need with accessible AI solutions that can substantially boost revenue for businesses. This confidence stems from the founders’ strong backgrounds in AI and their keen insight into the challenges faced by e-commerce.”

“This investment aligns seamlessly with our mission to back innovative entrepreneurs capable of making profound industry impacts,” he added.

qeen.ai is addressing a key gap in e-commerce by offering no-code, native GenAI product discovery tools designed to enhance online sales and improve customer lifetime value (LTV) for e-commerce businesses.

Their dynamic content product employs cutting-edge AI specifically tailored for various e-commerce categories and learns from user interactions to optimize performance.