Cairo - Mubasher: MENA-based deep tech firm Intella, has successfully closed a $3.40 million pre-Series A funding round, according to a press release.
The round was led by HALA Ventures and Saudi Arabian Oil Company (Aramco)-backed Wa’ed Ventures, with the participation of Sanabil 500 and INSEAD's alumni angel network, along with other investors.
The investment will boost Intella’s expansion plans in the Saudi market and support the development of end-to-end artificial intelligence (AI) models localised for the MENA region.
Nour Taher, CEO and Co-founder of Intella, commented: "Saudi Arabia is quickly becoming a hub for technological advances. This move fits perfectly with our plans for expansion.”
Omar Mansour, Co-Founder and CTO of Intella, highlighted: "Our voice technology tailored for Arabic dialects has set new industry benchmarks.”
“We are moving beyond mere transcription, and focusing on audio analytics—including summarization, sentiment analysis, topic extraction, and call scoring,” Mansour added.
Intella aims to bridge the gap between the Arab-speaking world and AI advancements. This is in addition to ensuring the region's relevance in global technological trends.
In December 2022, the real-time intelligence provider joined forces with Huawei to bolster its Arabic speech-to-text technology.
