The Saudi-based company Halo AI has successfully closed a $6 million seed funding round to further develop its artificial intelligence-driven solutions. The round saw participation from prominent investors, including venture capital firms and strategic partners from various sectors.
Halo AI specializes in providing AI-powered services, particularly in the fields of healthcare, finance, and enterprise solutions. The funding will be used to accelerate the company’s growth, enhance its AI technology, and expand its product offerings in key markets, including the Middle East and North Africa (MENA) region.
This investment is seen as a strong signal of growing confidence in the Saudi tech ecosystem, with the government’s Vision 2030 initiative actively promoting technological innovation. Halo AI plans to use this funding to scale its operations, attract top talent, and further establish itself as a leader in AI solutions for businesses and industries in the region.
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