#AI #batch2 #investment #Narrativa #MENA
Our Batch2 made it to Forbes top stories:
Narrativa just announced the closing of its pre-Series A round and is now one of the first AI startups to receive funding in the UAE. The round was led by twofour54, Abu Dhabi’s media free zone, with participation from a large media companies and business angels from Europe, the USA and the UAE. 💰
The startup uses AI technology to automatically transform large data sets into accessible narrative content. It is the only company worldwide to automatically generate content in Arabic — along with several other languages.
“Narrativa’s AI technology helps companies in the media, e-commerce and enterprise reporting space to exponentially increase the amount of content generated, significantly reduce costs, and develop new revenue streams.” David Llorente, CEO
With this funding round Narrativa wants get in the wider MENA market and expand into other industries where content can be generated, such as the financial services and oil and gas sectors.
Congratulations from the nma team. We are looking forward to sharing your next achievements.
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