UAE-based data and AI company CNTXT AI has completed a $60 million Series A funding round, co-led by Abu Dhabi’s applied AI company AI71 and BlueFive Capital, a global asset manager originating from the GCC. The capital will fund product development, market expansion, and the global deployment of secure AI infrastructure for enterprise and public-sector clients.
The company was founded by Mohammad Abu Sheikh, a tech entrepreneur whose previous AI venture LocAI was acquired by AI71, which now returns as co-lead investor. Abu Sheikh is also founder of SMPL AI, a $25 million early-stage AI fund.
CNTXT AI’s core proposition is enabling organisations to build and deploy AI solutions while retaining full sovereignty over their data — an increasingly critical requirement for governments and regulated industries. The company works with Oracle, NVIDIA, and AWS, and has supported major AI developers on large language model initiatives across multiple markets.
Its proprietary product portfolio includes Munsit, described as 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.
Abu Sheikh said the era of AI experimentation had ended and that execution was now the defining challenge, with the funding allowing CNTXT AI to build the sovereign infrastructure and talent required to deploy AI at meaningful scale under demanding real-world conditions.
