The Saudi Arabian artificial intelligence startup Omq has successfully closed a SAR 4.5 million pre-seed funding round. The investment saw participation from TAM Development Company and the leading venture capital firm Raed Ventures.
Building Secure AI for the Enterprise
Omq is focused on developing AI products, search engines, and intelligent agents specifically for the government and private sectors. The company has already unveiled its first product, “alPlatform.ai,” a platform that provides organizations with secure and governed access to AI models. This is designed to enable the institutional use of AI technologies in environments that demand high standards of security and control.
A Strategic Partnership for Growth
The funding round brings together two key strategic partners. The partnership with TAM Development will focus on creating customized tech solutions for government entities, aiming to reduce costs and increase operational efficiency using AI. The participation of Raed Ventures will support Omq’s plans to build advanced technologies that can serve both local and global markets.
About the Partners
- Omq: A Saudi AI startup founded by Mazen Mleibari, Mohammed Daggas, Mazen Al-Otaibi, Ahmed Al-Suhaim, Fatima Al-Saeed, and Ahmed Al-Rashidi. The company is dedicated to developing secure, enterprise-grade AI solutions.
- TAM Development Company: A Saudi firm specializing in development and strategic partnerships.
- Raed Ventures: A prominent Saudi venture capital firm that invests in early-stage technology companies across the MENA region.
Looking Ahead
This investment is a strong signal of the growing demand for specialized, secure AI solutions in the Kingdom. With the backing of strong local partners, Omq is well-positioned to become a key player in providing the critical AI infrastructure needed by Saudi Arabia’s government and enterprise sectors as they accelerate their digital transformation journeys.
Source: Jawlah
