Sambo AI Raises $750,000 to Expand AI Pricing in Saudi Arabia & UAE
The Oman-based startup secured pre-seed funding to expand AI-driven pricing solutions for eCommerce in Saudi Arabia and the UAE.
Sambo AI, an Oman-based startup, raised $750,000 in a pre-seed funding round led by Waad Investment and Omantel Innovation Labs, with participation from Hexnture and Saudi angel investors.
Founded in July 2024 by Saif Al-Issa'i and Khalifa Manna, Sambo AI provides AI-based pricing solutions for eCommerce platforms. The startup plans to use the funds to expand into Saudi Arabia and the UAE, targeting a wider customer base.
At GITEX 2024, a latest tech trend show in Dubai, Sambo signed a strategic partnership with T2 Saudi Arabia under the Smart Trade Alliance initiative, further solidifying its regional growth strategy.
