AppliedAI

Lead: Mubadala

Investors: Mubadala (MENA Venture Capital Fund), Arbor Ventures

Pre-Series B round, amount undisclosed.

Lead: G42

Investors: G42, Palantir, Bessemer Venture Partners, McKinsey, Accrete Capital, Middle East Venture Partners (MEVP), e&

Pre-money valuation $300 million (Wamda/Forbes, quoting the company). MEVP and strategic partner e& joined the same oversubscribed $55M round in June 2025 (MEVP press release via Zawya, Wamda 2025-06) — not counted as a separate round since the company kept the $55M figure. Forbes dates the announcement 2025-02-10, Wamda 2025-02-11. Also: https://www.forbes.com/sites/iainmartin/2025/02/10/ai-startup-raises-one-of-the-biggest-series-a-rounds-ever-for-middle-eastern-company/ https://www.wamda.com/2025/06/mevp-joins-appliedai-series-a-round https://www.zawya.com/en/press-release/companies-news/mevp-invests-in-appliedais-series-a-round-k0ez3f29 Confidence: confirmed (round 13, Wamda).

Investors: G42, A.R.M Holding, Plug and Play Investment Group, Al Maktoum family, Stefan von Liechtenstein, Garry Kasparov, Dennis Mahoney, Valnon Holding, Freud Holdings, HCS GmbH

Company (then 'The Applied AI Company / AAICO', London-based, relocating to Abu Dhabi) did not label the round; The SaaS News calls it a seed round, Wamda and Forbes later describe it as '$42 million raised in 2022 from G42 and the Al Maktoum family'. TechFundingNews lists von Liechtenstein, Kasparov, Mahoney, Valnon, Freud Holdings and HCS GmbH as 'seed investors' — unclear whether they invested in this round or in an earlier, unannounced angel round; no separate earlier round could be documented. Also: https://www.thesaasnews.com/news/the-applied-ai-company-aaico-secures-42-million-in-seed-round/ https://www.wamda.com/2025/02/appliedai-closes-55-million-series-led-g42 https://www.forbes.com/sites/iainmartin/2025/02/10/ai-startup-raises-one-of-the-biggest-series-a-rounds-ever-for-middle-eastern-company/ Confidence: confirmed (round 13, TechFundingNews).