Egyptian AI startup DXwand raises $4m Series A funding for regional expansion
- DXwand has raised a US$4 million Series A funding round.
- DXwand specializes in LLM, knowledge mining, and omnichannel conversational AI.
- The funding round was led by Shorooq Partners, with participation from Algebra Ventures and the Dubai Future District Fund.
The funding received by DXwand will support its regional expansion and research and development efforts, solidifying its position as a dominant force in generative AI and knowledge mining within the region. The investment also highlights the growing interest in conversational AI and its potential to streamline access to information for governments, companies, and stakeholders.
