DXwand, Egyptian AI Firm, Bags $4M in Series A for Growth and Innovation
Tech In Africa | Grace Ashiru - Jan 29, 2024
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  • DXwand has completed a successful Series A funding round, raising $4 million.
  • The investment round was led by Shorooq Partners and Algebra Ventures.
  • DXwand's platform automates text and voice interactions between businesses and customers through multiple channels.
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DXwand's successful Series A funding round and the support from notable investors highlight the growing recognition of the company's AI technology and its potential to transform industries. The funding will enable DXwand to expand its operations, develop new AI technologies, and continue revolutionizing business operations in various sectors. The alignment with Dubai's AI strategy further solidifies DXwand's position as a leading innovator in the Middle East.
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