AqlanX Secures $10 Million Investment from Lakeba to Drive Arabic-First AI in UAE
UAE-based AI startup AqlanX has secured a $10 million investment from Australia's Lakeba Group through its venture arm, DoxAI, marking a major step in the region's push toward AI-driven enterprise transformation.
The funding, enabled by the UAE's NextGen FDI initiative, will support AqlanX's efforts to localise and scale DoxAI's enterprise automation technology across the Middle East. Founded to build Arabic-first, UAE-made AI solutions, AqlanX is focused on streamlining business processes, improving operational efficiency, and modernising enterprise document management.
The deal aligns closely with the UAE's digital economy agenda, which positions the country as a regional hub for innovation and emerging technologies. AqlanX's growth also reflects the country's broader strategy to attract forward-looking investments and foster a thriving tech ecosystem.
As part of the collaboration, AqlanX, DoxAI, and Lakeba have partnered with the University of Wollongong in Dubai to launch an AI Centre of Excellence. The centre will focus on research, innovation, and talent development to support the UAE's national capacity-building efforts in artificial intelligence.
The agreement was signed in the presence of Dr. Thani bin Ahmed Al Zeyoudi, UAE Minister of State for Foreign Trade, who praised the partnership as a strong example of the NextGen FDI initiative's ability to spark high-impact, cross-sector collaboration.
With backing from Lakeba and access to DoxAI's intellectual property, AqlanX is poised to become a leader in enterprise AI tailored to the needs of the Arabic-speaking world, reinforcing the UAE's ambition to lead in next-generation technology sectors.
News Source: Emirates News Agency
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