CNTXT AI closes $60 million Series A to deploy secure AI infrastructure worldwide. News - 16 June, 2026 * CNTXT AI, a UAE-based data and AI company, has raised $60 million in a Series A round co-led by AI71 and BlueFive Capital to accelerate product development, enter new markets, and deploy secure AI infrastructure for enterprise and government customers worldwide. * Founded in 2023 by Mohammad Abu Sheikh, whose previous venture LocAI was acquired by AI71, CNTXT AI develops sovereign AI solutions that enable organisations to build and scale AI applications while maintaining full control over their data. * The company will use the fresh capital to accelerate product development, expand into new markets, and deploy secure sovereign AI infrastructure for enterprise and government customers globally. * Earlier in June, CNTXT AI acquired Actualize, an enterprise AI startup specialising in dialect-aware Arabic voice agents, to strengthen its Arabic voice AI offerings for enterprise and government clients across the GCC. CNTXT AI, a UAE-based data and AI company that enables companies and institutions to develop AI solutions while maintaining full sovereignty over their data, announced the successful closing of a $60 million Series A funding round. The round was co-led by two of the region's most active AI investors: AI71, Abu Dhabi's applied AI company focused on sovereign, domain-specialised AI, and BlueFive Capital, a global asset manager originating out of the GCC. The funding will support continued product development, expansion into new markets, and global deployment of secure AI infrastructure for enterprise and public-sector environments. CNTXT AI was founded by Mohammad Abu Sheikh, a tech entrepreneur with a track record of successful exits and deep experience across AI infrastructure, applied AI platforms, and ecosystem development. Abu Sheikh's previous venture LocAI was successfully acquired by AI71, who now returns as co-lead investor in this round. He is also the founder of SMPL AI, a $25 million fund supporting early-stage AI startups, reinforcing his role in building a global AI ecosystem focused on real-world impact. The company works with global technology leaders, including Oracle, NVIDIA, and AWS, and has supported several major global AI developers on large language model initiatives, deploying enterprise and government AI projects across multiple markets. Its proprietary products include Munsit, the most accurate Arabic voice AI, which has processed over one million minutes of speech and serves more than 250 enterprises and 150,000 users. Mohammad Abu Sheikh, Founder and CEO of CNTXT AI: "The era of AI experimentation is over; the era of execution has begun. This funding strengthens our ability to build the sovereign infrastructure and talent needed to deploy AI at scale. Our focus has always been on making AI work in the real world, under the most demanding conditions." Reda Nidhakou, member of AI71 board of Directors, and CEO of VentureOne: "CNTXT AI capabilities and speed of execution stand out in this fast-moving AI world. An impressive venture born in the UAE but addressing global AI deployment needs. This investment strengthens our ability to build the environment needed to deploy AI at scale and to address our clients' data sovereignty requirements." Hazem Ben-Gacem, Founder and CEO of BlueFive Capital: "We backed CNTXT AI because they are building exactly the kind of technology-driven platform the region needs, one that turns raw data into real AI outcomes. This is the type of globally competitive business we want to build alongside."

The initiative was launched during Abu Dhabi Sustainability Week, where MBZUAI moderated a ministerial roundtable with senior government officials to explore how AI can accelerate the energy transition and support renewable energy adoption globally.