Saudi AI startup Deep.SA secures $1.2 million pre-seed

Press release:
Deep.SA, a Saudi-based artificial intelligence startup, has successfully raised $1.2 million (SAR 4.5 million) in a pre-seed funding round. The investment was led by Tam Development and Raed Ventures, with participation from other investors. This funding will enable Deep.SA to enhance its AI capabilities and expand its operations within the Kingdom.
The startup aims to develop advanced AI solutions tailored to the needs of Saudi businesses, contributing to the Kingdom's Vision 2030 objectives by fostering innovation and technological advancement.