aiXplain, a leader in providing essential infrastructure for accelerated AI development, has announced the successful raising of $6.5 million in a pre-Series A funding round. This investment aims to simplify the creation of AI agents and broaden the global impact of AI innovations. The round was led by Wa’ed Ventures, a $500 million Saudi Arabian venture capital fund backed by Aramco, marking the fund’s first direct investment in a U.S.-based company. Notable angel investors, including Osama Elkady, CEO and Co-founder of Incorta, and global business expert Kane Minkus, also participated in the round.
This latest funding brings aiXplain’s total raised capital to $16.5 million, following support from prominent U.S.-based firms such as Transform VC and Calibrate VC, which backed the company’s seed round last year.
Businesses worldwide are eager to leverage AI for operational and decision-making applications through AI agents—systems equipped with domain intelligence and the ability to operate autonomously on behalf of users. However, the complexity, cost, and resources required for AI agent development are often prohibitive. Additionally, many companies lack the localized tools needed to optimize AI capabilities for specific regions or languages. aiXplain addresses these challenges by offering a development platform that enables both developers and non-technical users to utilize tens of thousands of AI assets through simple language prompts rather than complex coding.
“Building practical AI solutions shouldn’t be exclusive to large tech companies with extensive AI resources. Today, there are countless AI assets available—models, datasets, pipelines—but very few infrastructures making these assets readily accessible. aiXplain is changing that,” said Hassan Sawaf, founder and CEO of aiXplain, and former AI Director at Meta, Amazon, and eBay. “AI has the potential to make a tangible difference for businesses globally, and our latest financing will help us bring this vision to life.”
Founded in 2020, aiXplain began as an innovation partner for organizations such as The Saudi Data & AI Authority (SDAIA) to accelerate AI innovation in the Gulf region. The company now collaborates with businesses worldwide to efficiently build AI solutions, fine-tune, and benchmark AI models. Users can leverage aiXplain’s custom-built AI assets and third-party assets from providers like OpenAI, Google, AWS, Azure, and many others. With a platform and marketplace offering access and support for over 40,000 AI assets across more than 55 functions, pipelines, and tools, aiXplain stands as the most language-rich and expansive hub for AI assets globally.
