Riyadh - Sharikat Mubasher: Newera.ai, a Riyadh-based company specializing in designing, training, and deploying AI systems in Arabic and English, successfully closed an SAR 8 million pre-seed funding round led by Embark, with participation from several angel investors.
In a statement, Newera.ai announced that it will use the investment to expand its business locally and advance research and development (R&D) capabilities to launch innovative products that meet the Saudi market’s needs, while focusing on seamless integration and strategic partnerships that support digital transformation and accelerate the adoption of AI across various sectors
This investment marks a significant milestone in Newera.ai’s journey towards driving innovation and reshaping the future of AI in Saudi Arabia. It also reflects the company’s commitment to complying with local data localization policies and ensuring the privacy of customers’ data.
Newera.ai helps government and enterprise teams move from the proof-of-concept (PoC) stage to production. It focuses on turning AI ambition into operational reality by combining domain expertise with secure infrastructure and localized language models, ultimately helping organizations adopt AI responsibly and effectively.
