- WideBot Secures $3 Million Pre-Series A Investment Round
- The Investment Round Was Finalized on the Sidelines of LEAP 25 to Enhance AI Services
- Led by Keheilan (Netherlands) and Al Wafra (Saudi Arabia), with Participation from Multiple Investors
WideBot AI, an AI company specializing in developing artificial intelligence models and solutions, has successfully closed a $3 million Pre-Series A funding round.
The investment was led by Keheilan, a Dutch asset management firm, with support from Saudi-based Al Wafra II and direct investment Enza Capital.
The funding round was announced on the sidelines of the LEAP 25 conference in Riyadh, Saudi Arabia.
The round also saw participation from DisrupTech Ventures, Den VC, and SparkLabs Ventures
WideBot closed this funding round with the leadership of Keheilan Asset Management, supported by Saudi-based Al Wafra II, alongside direct investment firm.
Other notable participants in this round include DisrupTech Ventures, Den VC, and SparkLabs Ventures.
Hosting AI models locally in Saudi Arabia is a crucial step toward protecting user data and ensuring national data security.
This approach enhances user privacy, safeguards citizen information, and strengthens the country’s control over its data.
WideBot highlighted that this investment would support the expansion of AI-driven solutions tailored to governments and large enterprises across the Arab region. These solutions will help accelerate business operations, improve productivity, enhance employee performance, and significantly reduce operational costs.
Mohamed Nabil, CEO and co-founder of WideBot, expressed gratitude to the investors for supporting the company’s expansion in the Saudi market. He emphasized that this funding would accelerate the development of advanced AI solutions that align with Saudi Arabia’s Vision 2030 goals.
“We believe AI is a key driver of economic and social growth in the Kingdom,” said Nabil. “Our goal is to develop an AI system with an Arab identity that understands our culture, respects our privacy, and emerges from Riyadh to serve the entire Arab world.”
He added, “This funding will help us fast-track the development of AI solutions that contribute to Vision 2030 objectives, including economic diversification, job creation, and government efficiency. We are proud to be part of this transformative digital shift.”
Salah Khawajki, Chairman of Al Wafra II Financial, affirmed the company’s commitment to supporting tech-driven enterprises, particularly in AI and fintech. He noted that the Keheilan Deep Tech Fund plays a critical role in financing startups that align with Saudi Arabia’s Vision 2030.
Dr. Ahmed Abdelhamid, CEO of Keheilan Asset Management, stated: “We believe the region’s economic future depends on supporting deep tech companies. Combining technological and financial efforts strengthens our national sovereignty.”
He further noted, “We now have an Arabic AI language model that operates entirely in Arabic, ensuring that our national and institutional data remain secure within our borders. WideBot will be a cornerstone in the future of Arabic language models worldwide.”
Mike Mompi, co-founder and managing partner at Enza Capital, emphasized that the next phase in AI evolution is localizing its development. “AQL is redefining how companies communicate, automate operations, and scale across the Middle East and Africa,” he said.
He concluded, “This vision extends beyond technological innovation; it unlocks enormous economic potential for the region.”
