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  2. Algebra AI launches its operations after raising $7mn in funds

Algebra AI launches its operations after raising $7mn in funds

GHADA.ISMAIL
Jun 10, 2026
AI startup targets mid-sized businesses across the GCC with tailored automation and analytics solutions

Dubai – Sharikat Mubasher: UAE-based Algebra AI has officially launched operations after raising $7 million in funding from a group of regional investors, including Infinity Constellation, BECO Capital, Silicon Badia, and Waseel Investments.

As per the company’s press release, Algebra AI focuses on delivering customized artificial intelligence solutions for mid-sized enterprises, aiming to bridge the gap between costly enterprise-grade platforms and generic off-the-shelf AI tools. Its systems are designed to integrate with existing business workflows and operational processes, helping companies adopt AI more efficiently.

Algebra AI is led by co-founder and CEO Anis Harb, who previously helped drive Deliveroo’s expansion across the Middle East. The company plans to leverage this experience as it scales its operations across the Gulf region.

The new funding will support product development, regional expansion, and the growth of its engineering team in Dubai. Algebra AI is targeting sectors including financial services, manufacturing, distribution, and food and beverage, where demand for AI-driven productivity and automation tools continues to rise.

The launch comes amid growing investment in the Gulf’s AI ecosystem, with both the UAE and Saudi Arabia attracting increasing numbers of technology startups and investors seeking opportunities in the rapidly expanding artificial intelligence market.

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fundraising
AI tools
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Saudi Arabia
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