
Dubai – Sharikat Mubasher: Middle East Venture Partners (MEVP), one of the region’s leading venture capital firms, has announced its participation in AppliedAI’s oversubscribed $55 million Series A round.
The Abu Dhabi-based startup also attracted investments from G42, Bessemer Venture Partners, and strategic backer e&, solidifying its position as a rising AI player in the region, according to a recent press release.
AppliedAI’s flagship platform, Opus, uses artificial intelligence to automate back-office workflows in heavily regulated industries such as finance, healthcare, and government. The company’s solutions address growing digitization needs across MENA, offering enterprise-grade automation tailored for compliance-sensitive environments.
The newly raised capital will support AppliedAI’s global expansion, enhance its platform capabilities, and grow its regional footprint. Originally founded in London, the company relocated to Abu Dhabi in 2022 and has since built strong ties within the UAE’s fast-growing AI ecosystem.
With this funding, AppliedAI is positioned to accelerate its mission of transforming how regional enterprises handle operational efficiency and digital modernization.