Latest news with #Qanooni
Zawya
a day ago
- Business
- Zawya
Dubai-based regtech Qanooni closes $2mln funding round to drive regional expansion
UAE – Dubai-based legal technology startup Qanooni has raised $2 million in a pre-seed round led by Village Global, Oryx Fund by Salica Investments, TA Ventures, and strategic angels. The startup will utilize the capital to accelerate its expansion across the UAE and UK markets, in addition to enhancing its proprietary AI engine tailored to legal workflows, according to a press release. Through the new investment, Qanooni reinforced its position in driving the future of legal automation across MENA and Europe. This came amid growing investor interest in regulatory technology (regtech) solutions that streamline productivity without disrupting existing digital environments. It is worth highlighting that the funding round also witnessed the participation of Ben Casnocha, Sri Batchu, Josh Rodger, Viktoriya Tigipko, Andrew Verbitsky, Jimmy Stone, Nicholas Nottebohm, CFA, Ashish Shetty, and Miguel Rodrigues. Founded by Anuscha Iqbal, Ziyaad Ahmed, and Karim Shiyab, Qanooni integrates directly into the software that lawyers mainly use during work, eliminating the friction of switching platforms or adopting new workflows. Its solution allows law firms and legal departments to draft and produce documents faster and more accurately, leveraging generative AI that mimics a lawyer's tone, writing style, and internal standards.
Wamda
2 days ago
- Business
- Wamda
UAE regtech Qanooni raises $2 million in pre-seed round
UAE-based regtech Qanooni has raised $2 million in a pre-seed round led by Village Global, Oryx Fund by Salica Investments, TA Ventures, and strategic angels. Founded in 2024 by Anuscha Iqbal, Ziyaad Ahmed, and Karim Shiyab, Qanooni is building a seamless AI-powered legal platform that integrates into Microsoft Outlook and Word, enabling lawyers to draft, review, and manage documents using AI that adapts to their writing style and internal standards. The new funding will fuel Qanooni's expansion across the UAE and UK, and enhance its proprietary legal AI engine, reinforcing its role in driving the future of legal automation across MENA and Europe. Press release: Qanooni, a UAE-based legal technology startup, has announced the successful closure of a $2 million pre-seed funding round, backed by global and regional investors including Village Global, Salica Investments' Oryx Fund, TA Ventures, and a network of strategic angel investors. Founded by Anuscha Iqbal, Ziyaad Ahmed, and Karim Shiyab, Qanooni is developing a transformative AI-powered platform built specifically for legal professionals. Unlike traditional LegalTech tools, Qanooni integrates directly into the software that lawyers already rely on—Microsoft Outlook and Word—eliminating the friction of switching platforms or adopting new workflows. Qanooni's solution enables law firms and legal departments to prepare and review documents faster and more accurately, seamlessly connect with document management systems, and benefit from generative AI that mimics a lawyer's tone, writing style, and internal standards. The newly raised capital will be used to accelerate Qanooni's expansion across the UAE and UK markets while also advancing its proprietary AI engine tailored to legal workflows. The round also drew support from notable individual investors, including Ben Casnocha, Sri Batchu, Josh Rodger, Viktoriya Tigipko, Andrew Verbitsky, Jimmy Stone, Nicholas Nottebohm, CFA, Ashish Shetty, and Miguel Rodrigues. With growing investor interest in regtech solutions that streamline productivity without disrupting existing digital environments, Qanooni is positioning itself at the forefront of the AI-driven transformation in legal services across MENA and Europe.
CairoScene
2 days ago
- Business
- CairoScene
UAE LegalTech Startup Qanooni Raises $2 Million in Pre-Seed Round
With backing from global and regional investors, Qanooni plans to expand its AI-powered legal platform across the UAE and UK. Jun 11, 2025 Qanooni, a UAE-based legal technology startup, has secured $2 million in a pre-seed investment round led by Village Global, Salica Investments' Oryx Fund, TA Ventures, and a group of strategic angel investors. The funding will support Qanooni's expansion across the UAE and the UK, and further development of its proprietary AI systems designed to streamline legal workflows. Founded by Anuscha Iqbal, Ziyaad Ahmed, and Karim Shiyab, Qanooni is building an AI-powered platform that integrates directly with the tools most commonly used by legal professionals, including Microsoft Outlook and Word. The platform allows lawyers to prepare and review documents with greater speed and accuracy, while adapting to individual tone, style, and formatting preferences. It also connects with existing document management systems, eliminating the need for additional standalone software. The investment comes amid growing interest in LegalTech across the UAE, where regulatory reforms and digitisation initiatives have opened new space for innovation in the legal sector. Over the past two years, the country has seen a steady rise in LegalTech startups offering services such as automated contract review and AI-assisted compliance tools. Accelerators and regulatory sandboxes supported by bodies like the DIFC Innovation Hub and Abu Dhabi Global Market have provided early-stage support, while law firms and corporate legal departments have shown increasing willingness to adopt technologies that enhance efficiency and reduce overhead. According to Grand View Research, the UAE legal technology market generated US $114.5 million in 2023 and is forecast to reach $234.4 million by 2030, growing at a compound annual growth rate (CAGR) of 10.8%.
