Dubai, UAE: CNTXT AI , a leading data and artificial intelligence company based in the UAE that enables organizations to develop AI solutions while fully preserving their data sovereignty, announced the successful closing of a $60 million Series A funding round.

This funding round was jointly led by two of the region’s leading AI investors: AI71 , an Abu Dhabi-based applied AI company specializing in developing advanced, sector-specific sovereign solutions, and BlueFive Capital , a global asset management firm with a presence in the Gulf region. This funding will support the company’s efforts to accelerate product development, strategically expand into new markets, and promote the deployment of secure AI infrastructure across the enterprise and government sectors globally.

CNTXT AI was founded by Mohamed Abou Elsheikh, a technology entrepreneur with a proven track record of successful exits and extensive experience in AI infrastructure, application platforms, and ecosystem development. His previous venture, LocAI , was acquired by AI71 , which is now leading this round as a co-lead investor. He is also the founder of the $25 million SMPL AI fund, which focuses on supporting early-stage AI startups, further solidifying his pivotal role in building a global ecosystem of innovation and practical impact.

The company collaborates with leading global technology companies, including Oracle , NVIDIA , and AWS , and has supported some of the world's top AI developers in large-scale language modeling projects. It has also implemented advanced AI projects for enterprises and government entities across multiple markets. Its proprietary products include the Munsit platform, considered the most accurate Arabic voice AI system, which has processed over one million minutes of audio and serves more than 250 organizations and 150,000 users.

Mohammed Abu Alsheikh, founder and CEO of CNTXT AI, said: “We have turned the page on the AI experimentation phase and entered the era of actual implementation. This funding enhances our ability to build the sovereign infrastructure and attract the talent needed to deploy AI on a large scale. Our constant focus has been on transforming AI into practical solutions that can be implemented in real-world environments and under the most complex conditions.”

For his part, Reza Nidako, AI 71 Board Member and CEO of VentureOne, said: “ CNTXT is distinguished by its superior capabilities and speed of execution in the rapidly evolving AI environment. It is an ambitious company that originated in the UAE, but it addresses global needs for deploying AI solutions. This investment enhances our ability to build an integrated ecosystem that supports the large-scale deployment of AI and meets the data sovereignty requirements of our clients.”

As Hazem Ben Gacem, founder and CEO of BlueFive Capital, said: “Our investment in CNTXT AI stems from our conviction that it is building an advanced technology platform that meets the needs of the region and transforms raw data into actual outputs in the field of artificial intelligence. This is the kind of globally competitive company that we are keen to support and build.”

About CNTXT AI

CNTXT AI is a UAE-based data and AI company that empowers organizations to develop, build, deploy, and scale sovereign AI solutions while maintaining full data sovereignty. Its services include providing high-quality training data through tagging and annotation processes, serving AI labs, enterprise data teams, and robotics applications by combining automation with human expertise. The company also develops customized AI solutions that seamlessly integrate with existing infrastructures, while maintaining complete data sovereignty.

Its own products include Munsit , the most accurate voice AI system in Arabic, and TestAI , an integrated package for evaluating the performance and reliability of AI systems before their release.

By transforming raw data into production-ready solutions, CNTXT AI is the integrated strategic partner that enables organizations to accelerate AI adoption with high efficiency, without compromising compliance, data sovereignty, or performance requirements in real-world environments.

For more information, please visit: https://www.cntxt.tech/

About AI71

AI 71 empowers organizations and government entities to harness artificial intelligence to deliver real value to their businesses by developing secure and adaptable solutions that not only generate outputs but also execute tasks and address critical challenges, contributing to sustainable organizational transformation. Its products are designed to meet real-world demands and foster effective human-machine integration, with a high degree of adaptability to diverse use cases, from field service delivery to strategic decision support. This enables organizations to accelerate their operations and unleash a new wave of AI-driven productivity.

About BlueFive Capital

BlueFive Capital is one of the world’s fastest-growing asset management firms ¹ , managing assets worth US$7.4 billion, and focuses on capturing investment opportunities in promising economies, with the aim of reshaping traditional financial models and promoting sustainable growth pathways.

The company was founded in Abu Dhabi Global Market and has an international presence through its offices in London, Manama, Abu Dhabi, Dubai, Muscat and Beijing. It offers a comprehensive range of investment products including private equity, real estate, infrastructure and financial solutions, serving a wide range of clients including high-net-worth individuals, institutions and individual investors.

BlueFive Capital was founded in late 2024 and is led by Hazem Ben Kacem, one of the most prominent veteran experts in the global private equity sector.

For more information, please visit: www.bluefivecapital.com

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