Cycls secures SAR 3.7mn-investment in pre-seed round

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NOHA.GAD
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Oct 12, 2023
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Riyadh - Sharikat Mubasher: The Saudi technology startup, Cycls, secured SAR 3.75 million in a pre-seed funding round from angel investors, the startup unveiled in a press release.

The proceeds will be dedicated ro Cycls’ AI-based platform, Sarya.

Sarya is a super chat application using generative artificial intelligence (AI) technologies to enhance everyday life, simplify daily tasks, and streamline purchases.

It also helps users to showcase their products and services to a wider audience, offering a seamless shopping experience.

Mohammed Alrujayi, Co-Founder and CEO of Cycls, stated: “We're going after a pivotal moment in tech history where machines finally don't merely compute but genuinely comprehend.”

Cycls, founded by Alrujayi and Khalid Alrasheed, is integrating with a wide range of services across various industries, including: e-commerce, telecom, travel, and personal finance.


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