Intella, an Egyptian deep tech startup, has completed a US$3.4 million pre-Series A funding round that will support its Saudi market expansion and the creation of end-to-end AI models tailored to the MENA region.
The startup has raised US$3.4 million in a pre-Series A investment, with the same investor, Hala Ventures, leading the round along with Wa’ed Ventures, Aramco’s venture capital arm. Along with other investors, Sanabil 500 and the INSEAD alumni angel network also take part.
Intella was founded in 2021 by Nour Altaher and Omar Mansour to provide real-time, on-demand market research to companies in a variety of industries.
“Saudi Arabia is quickly becoming a hub for technological advances. This move fits perfectly with our plans for expansion,” said Nour Taher, CEO and co-founder of Intella.
The additional funding will help Intella enter the Saudi market and further the creation of localized end-to-end AI models for the MENA area. The company has already moved its headquarters from Cairo to Riyadh.
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