Amount Raised
$42 Million
Investors
Play Investment Group
Description
The Applied AI Company (AAICO) has secured US$42 million in funding to further its growth in the US and Europe. Investors include G42, A.R.M Holding, Plug and Play Investment Group as well as distinguished families in Europe and the MENA region.
Funding Insights
Based on industry dataVC-backed spending patterns
VC-backed companies spend 89% more on sales and 100% more on marketing than bootstrapped peers
Tech investment trends
83% of B2B companies plan digital investments, with 79% prioritizing customer experience tech