Riyadh: TECHz – News Desk
In a significant boost to the Middle East’s rapidly evolving tech ecosystem, Saudi-based artificial intelligence startup Think has successfully closed an $8 million pre-seed funding round. The fresh capital is strategically earmarked to aggressively drive the company’s expansion across the Gulf Cooperation Council (GCC) and beyond.
The high-profile funding round was co-led by prominent Saudi venture capital firms RAED Ventures and Wa’ed Ventures. According to the startup, this injection of funds will be instrumental over the next 18 months as they accelerate product development, scale up manufacturing, and expand their team across Saudi Arabia, the broader GCC, and targeted global markets.
Founded by tech entrepreneur Ahmed AlSharif, Think is tackling one of the AI industry’s most pressing bottlenecks: infrastructure efficiency. The startup’s core mission is to maximize GPU utilization, slash token generation costs, and ultimately reduce the overarching financial barriers associated with deploying enterprise AI solutions.
Cementing its position in the region’s tech landscape, Think has already secured crucial strategic partnerships within the Kingdom. Most notably, the company has aligned with HUMAIN, the prestigious AI ecosystem backed by Saudi Arabia’s Public Investment Fund (PIF), positioning Think as a pivotal player in the nation’s ambitious digital transformation journey.
