{"id":45326,"date":"2025-05-13T07:47:55","date_gmt":"2025-05-13T04:47:55","guid":{"rendered":"https:\/\/entarabi.com\/?p=45326"},"modified":"2025-05-13T07:52:55","modified_gmt":"2025-05-13T04:52:55","slug":"aqlanx-secures-10m-investment-from-lakeba","status":"publish","type":"post","link":"https:\/\/entarabi.com\/en\/2025\/05\/aqlanx-secures-10m-investment-from-lakeba\/","title":{"rendered":"AqlanX Secures $10M Investment from Lakeba"},"content":{"rendered":"<ul>\n<li dir=\"ltr\" style=\"text-align: left;\" data-start=\"306\" data-end=\"453\">UAE-based AqlanX receives a <strong data-start=\"334\" data-end=\"360\">$10 million investment<\/strong> from Lakeba Group via its AI arm DoxAI, supported by the <strong data-start=\"418\" data-end=\"450\">UAE\u2019s NextGen FDI initiative<\/strong>.<\/li>\n<li dir=\"ltr\" style=\"text-align: left;\" data-start=\"306\" data-end=\"453\">AqlanX develops <strong data-start=\"472\" data-end=\"514\">Arabic-first, UAE-made AI technologies<\/strong> focused on enterprise automation and document intelligence.<\/li>\n<li dir=\"ltr\" style=\"text-align: left;\" data-start=\"454\" data-end=\"576\">\n<p data-start=\"456\" data-end=\"576\">A strategic partnership with the <strong data-start=\"612\" data-end=\"649\">University of Wollongong in Dubai<\/strong> will establish a national <strong data-start=\"676\" data-end=\"703\">AI Centre of Excellence<\/strong> to foster local talent and research.<\/p>\n<p data-start=\"697\" data-end=\"1069\"><strong data-start=\"725\" data-end=\"735\">AqlanX<\/strong>, a homegrown artificial intelligence company based in the UAE, has announced a <strong data-start=\"815\" data-end=\"841\">$10 million investment<\/strong> from <strong data-start=\"847\" data-end=\"863\">Lakeba Group<\/strong> via its AI venture <strong data-start=\"883\" data-end=\"892\">DoxAI<\/strong>. The investment was facilitated through the UAE\u2019s <strong data-start=\"943\" data-end=\"969\">NextGen FDI initiative<\/strong>, which aims to attract innovation-driven companies to accelerate digital growth across the country.<\/p>\n<p data-start=\"1071\" data-end=\"1248\">This strategic funding will accelerate AqlanX\u2019s mission to <strong data-start=\"1130\" data-end=\"1190\">localize and scale enterprise-grade automation solutions<\/strong> across the Middle East using DoxAI\u2019s proven technologies.<\/p>\n<p data-start=\"1293\" data-end=\"1415\">Founded in 2025 by <strong data-start=\"1312\" data-end=\"1330\">Demetrio Russo<\/strong>, AqlanX is committed to developing <strong data-start=\"1366\" data-end=\"1409\">Arabic-first, UAE-built AI technologies<\/strong> that:<\/p>\n<ul data-start=\"1416\" data-end=\"1550\">\n<li data-start=\"1416\" data-end=\"1447\">\n<p data-start=\"1418\" data-end=\"1447\">Automate business processes<\/p>\n<\/li>\n<li data-start=\"1448\" data-end=\"1481\">\n<p data-start=\"1450\" data-end=\"1481\">Enhance enterprise efficiency<\/p>\n<\/li>\n<li data-start=\"1482\" data-end=\"1550\">\n<p data-start=\"1484\" data-end=\"1550\">Transform document and workflow management for large organizations<\/p>\n<\/li>\n<\/ul>\n<p data-start=\"1552\" data-end=\"1749\">The company aligns its roadmap with the <strong data-start=\"1592\" data-end=\"1650\">UAE\u2019s national innovation and digital economy strategy<\/strong>, aiming to position the country as a global hub for artificial intelligence and future technology.<\/p>\n<h2 data-start=\"1756\" data-end=\"1809\"><span style=\"font-size: 14pt;\">Building AI Talent Through Strategic Partnerships<\/span><\/h2>\n<p data-start=\"1811\" data-end=\"2031\">In line with the UAE\u2019s national capacity-building goals, AqlanX, DoxAI, and Lakeba have partnered with the <strong data-start=\"1918\" data-end=\"1962\">University of Wollongong in Dubai (UOWD)<\/strong> to establish a <strong data-start=\"1978\" data-end=\"2008\">Centre of Excellence in AI<\/strong>. This initiative will:<\/p>\n<ul data-start=\"2032\" data-end=\"2154\">\n<li data-start=\"2032\" data-end=\"2059\">\n<p data-start=\"2034\" data-end=\"2059\">Develop local AI talent<\/p>\n<\/li>\n<li data-start=\"2060\" data-end=\"2104\">\n<p data-start=\"2062\" data-end=\"2104\">Support academic research and innovation<\/p>\n<\/li>\n<li data-start=\"2105\" data-end=\"2154\">\n<p data-start=\"2107\" data-end=\"2154\">Cultivate a sustainable AI ecosystem in the UAE<\/p>\n<\/li>\n<\/ul>\n<h2 data-start=\"2161\" data-end=\"2186\"><span style=\"font-size: 14pt;\">Leadership Commentary<\/span><\/h2>\n<p data-start=\"2188\" data-end=\"2272\"><strong data-start=\"2188\" data-end=\"2217\">H.E. Dr. Thani Al Zeyoudi<\/strong>, UAE Minister of State for Foreign Trade, commented:<\/p>\n<blockquote data-start=\"2273\" data-end=\"2540\">\n<p data-start=\"2275\" data-end=\"2540\"><em data-start=\"2275\" data-end=\"2540\">\u201cThis collaboration between AqlanX, Lakeba, and DoxAI demonstrates the strength of the NextGen FDI programme in driving cross-sector strategic partnerships. It reinforces our commitment to creating an ecosystem that empowers innovation in key sectors such as AI.\u201d<\/em><\/p>\n<\/blockquote>\n<p data-start=\"2542\" data-end=\"2613\"><strong data-start=\"2542\" data-end=\"2563\">Giuseppe Porcelli<\/strong>, Executive Chairman of Lakeba and DoxAI, added:<\/p>\n<blockquote data-start=\"2614\" data-end=\"2827\">\n<p data-start=\"2616\" data-end=\"2827\"><em data-start=\"2616\" data-end=\"2827\">\u201cThis investment is more than capital\u2014it\u2019s a shared vision. AqlanX represents the next frontier of enterprise AI in the region, and we are proud to contribute our expertise and technology to fuel its success.\u201d<\/em><\/p>\n<\/blockquote>\n<p data-start=\"2829\" data-end=\"2885\"><strong data-start=\"2829\" data-end=\"2847\">Demetrio Russo<\/strong>, Founder and CEO of AqlanX, stated:<\/p>\n<blockquote data-start=\"2886\" data-end=\"3155\">\n<p data-start=\"2888\" data-end=\"3155\"><em data-start=\"2888\" data-end=\"3155\">\u201cWith the support of Lakeba and DoxAI, AqlanX is building world-class AI rooted in the UAE and tailored for Arabic-speaking markets. We are establishing a hub for innovation that reflects the ambitions of the region and empowers local enterprises to lead globally.\u201d<\/em><\/p>\n<\/blockquote>\n<h2 data-start=\"3162\" data-end=\"3203\"><span style=\"font-size: 14pt;\">Positioned for Regional AI Leadership<\/span><\/h2>\n<p data-start=\"3205\" data-end=\"3444\">With Lakeba Ventures\u2019 strategic capital and DoxAI\u2019s proprietary technology, AqlanX is positioned to become a <strong data-start=\"3314\" data-end=\"3350\">regional leader in enterprise AI<\/strong>, helping governments and businesses transition to smarter, more efficient digital operations.<\/p>\n<p data-start=\"3446\" data-end=\"3820\">Launched in 2022, the <strong data-start=\"3468\" data-end=\"3494\">NextGen FDI initiative<\/strong> is a flagship program of the UAE\u2019s Ministry of Economy. It aims to attract high-potential global companies in <strong data-start=\"3605\" data-end=\"3661\">AI, advanced manufacturing, renewables, and robotics<\/strong>, while supporting the country\u2019s economic diversification and innovation leadership. AqlanX joins a growing cohort of over <strong data-start=\"3784\" data-end=\"3801\">100 companies<\/strong> under the program.<\/p>\n<\/li>\n<\/ul>\n","protected":false},"excerpt":{"rendered":"<p>UAE-based AqlanX receives a $10 million investment from Lakeba Group via its AI arm DoxAI, supported by the UAE\u2019s NextGen FDI initiative. AqlanX develops Arabic-first, UAE-made AI technologies focused on enterprise automation and document intelligence. A strategic partnership with the University of Wollongong in Dubai will establish a national AI Centre of Excellence to foster [&hellip;]<\/p>\n","protected":false},"author":37,"featured_media":45324,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"post_subtitle":"","footnotes":""},"categories":[1810],"tags":[8264,8263],"class_list":["post-45326","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-fintech","tag-aqlanx-en","tag-lakeba-en"],"_links":{"self":[{"href":"https:\/\/entarabi.com\/en\/wp-json\/wp\/v2\/posts\/45326","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/entarabi.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/entarabi.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/entarabi.com\/en\/wp-json\/wp\/v2\/users\/37"}],"replies":[{"embeddable":true,"href":"https:\/\/entarabi.com\/en\/wp-json\/wp\/v2\/comments?post=45326"}],"version-history":[{"count":0,"href":"https:\/\/entarabi.com\/en\/wp-json\/wp\/v2\/posts\/45326\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/entarabi.com\/en\/wp-json\/wp\/v2\/media\/45324"}],"wp:attachment":[{"href":"https:\/\/entarabi.com\/en\/wp-json\/wp\/v2\/media?parent=45326"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/entarabi.com\/en\/wp-json\/wp\/v2\/categories?post=45326"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/entarabi.com\/en\/wp-json\/wp\/v2\/tags?post=45326"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}