AI-startup Cycls raises $1M pre-Seed round
The funding will be used to launch a new product, "Sarya," a chat-based generative AI tool, and expand its operations to the UAE.
Saudi Arabia-based AI startup Cycls has raised $1 million in pre-Seed funding from angel investors.
The funding will be used to launch Cycls' new product, "," a chat-based generative AI tool, and expand its operations to the UAE, as per Wamda.
Mohammed Alrujayi, Co-founder and CEO of Cycls, emphasised the importance of technology understanding and stated that Sarya can be a valuable tool for this purpose.
“We are going after a pivotal moment in tech history where machines finally don't merely compute but genuinely comprehend” he said.
Founded in 2021 by Mohammed Alrujayi and Khalid Alrasheed, Cycls provides AI-based chat services for various industries like ecommerce, telecom, travel, and personal finance.
Its chat-based experience integrates generative AI, a key component of chatGPT, into everyday digital interactions. Its user-friendly Superchat embedded in digital purchases enables human-like conversations through chatGPT, allowing users to ask, engage, shop, and pay all within a single chat window, said a statement.
The startup, which is expanding into the UAE, is integrating with various industries, with a goal to provide seamless user experiences.
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