UAE-based AI startup qeen.ai has raised $10 million in a Seed funding round, marking one of the largest early-stage investments in the MENA region. The round was led by Prosus Ventures, with continued support from Wamda Capital, 10x Founders, and Dara Holdings.
This investment brings qeen.ai’s total funding to $12.2 million, following its $2.2 million pre-Seed round in June 2024. The funding will help scale its AI-driven automation platform, expand its team, and enhance its solutions for the growing e-commerce sector.
AI-Powered E-Commerce Solutions from qeen.ai
Founded in 2023 by former Google and DeepMind colleagues Morteza Ibrahimi, Ahmad Khwileh, and Dina Alsamhan, qeen.ai develops autonomous AI agents that streamline e-commerce operations.
The platform enables businesses to:
- Automate content creation and marketing
- Optimize sales interactions with AI-driven conversational agents
- Enhance operational efficiency beyond human and traditional AI capabilities
By leveraging proprietary AI models, qeen.ai provides intelligent, real-time solutions that respond to user behavior and adapt to evolving market demands.
qeen.ai is Driving Expansion and Market Growth
The $10 million investment will accelerate qeen.ai’s roadmap, focusing on:
- Expanding its AI-driven platform with new automation features
- Scaling its team to support rapid growth
- Attracting a wider customer base across the MENA region and beyond
Speaking on the investment, Morteza Ibrahimi, CEO of qeen.ai, emphasized the company’s mission:
“We are proud to have the backing of Prosus Ventures and our existing investors as we work towards our vision of becoming the go-to intelligent technology partner for e-commerce businesses. By building AI solutions that are both intuitive and accessible, we enable businesses to scale, innovate, and thrive in today’s digital economy.”
The Future of AI in E-Commerce
With the MENA e-commerce market projected to reach $50 billion by 2025, qeen.ai is positioned at the forefront of digital transformation. The UAE and Saudi Arabia (KSA) remain the primary growth drivers, offering immense opportunities for AI-powered businesses.
Robin Voogd, Head of Middle East Investments at Prosus Ventures, highlighted the potential impact of qeen.ai’s technology:
“As one of the largest e-commerce and marketplace investors globally, we recognize how AI agents are redefining online retail. qeen.ai is uniquely positioned to unlock this technology for merchants in an AI-first world. Their expert founding team has built an innovative solution that empowers businesses to enhance digital shopping experiences across multiple markets.”
Proven Market Success
Since launching its Dynamic Content agent in Q2 2024, qeen.ai has:
- Served 15 million users
- Generated over 1 million SKU descriptions
- Enabled merchants to achieve a 30% increase in sales
As AI adoption accelerates, qeen.ai is set to play a pivotal role in shaping the future of e-commerce. In fact, it is offering businesses a smarter, more efficient way to scale and compete in an evolving digital landscape.
