{"id":547169,"date":"2022-06-12T04:10:59","date_gmt":"2022-06-12T04:10:59","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2022\/06\/12\/dxwand-scores-funding-for-ai-research\/"},"modified":"2022-06-12T04:10:59","modified_gmt":"2022-06-12T04:10:59","slug":"dxwand-scores-funding-for-ai-research","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2022\/06\/12\/dxwand-scores-funding-for-ai-research\/","title":{"rendered":"DXwand scores funding for AI research"},"content":{"rendered":"

Tech and AI startup <\/strong>DXwand<\/a><\/strong> has closed a USD 1 mn pre-series A investment round<\/strong> led by Huashan Capital<\/a> and with participation from angel investors Mohsen Abulleil and Ahmed Bakeer, according to a press release (pdf)<\/a>. US-based venture capital firm SOSV<\/a> also \u201csupported the due diligence and syndication of this fundraising round.\u201d SOSV had previously invested in DXwand\u2019s seed round.<\/p>\n

About the company:<\/strong> The company has developed a conversational AI and digital assistant tool that understands English and Arabic slang \u201cand can extract insights from conversations and display them on dashboards for businesses to make instant, informed decisions\u201d on sales, customer acquisition, and customer retention.<\/p>\n

DXwand will use the funding to finance its regional expansion and increase its market share<\/strong>, the statement said, without specifying the markets into which the company plans to expand. The startup also plans to use the funding to \u201caccelerate its AI research to further differentiate its solutions in the market.\u201d<\/p>\n","protected":false},"excerpt":{"rendered":"

Tech and AI startup DXwand has closed a USD 1 mn pre-series A investment round led by Huashan Capital and with participation from angel investors Mohsen Abulleil and Ahmed Bakeer, according to a press release (pdf). US-based venture capital firm SOSV also \u201csupported the due diligence and syndication of this fundraising round.\u201d SOSV had previously […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"single-feature.php","format":"standard","meta":{"_acf_changed":false,"newspack_ads_suppress_ads":false,"newspack_popups_has_disabled_popups":false,"newspack_sponsor_sponsorship_scope":"","newspack_sponsor_native_byline_display":"inherit","newspack_sponsor_native_category_display":"inherit","newspack_sponsor_underwriter_style":"inherit","newspack_sponsor_underwriter_placement":"inherit","ep_exclude_from_search":false,"_primary_brand":0,"newspack_featured_image_position":"","newspack_post_subtitle":"","newspack_article_summary_title":"Overview:","newspack_article_summary":"","newspack_hide_updated_date":false,"newspack_show_updated_date":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[7258],"tags":[7094,2031,72,1635,2032,95,123,200],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-547169","post","type-post","status-publish","format-standard","hentry","category-startup-watch","tag-ai","tag-dxwand","tag-enterpriseam","tag-itida","tag-sosv","tag-startup-watch","tag-startups","tag-venture-capital","wpautop","entry"],"acf":{"mongo_id":"2d3d6d4b-a3ad-4940-8d94-192632413e46","is_powered_by":true,"story_type":"1","photo_url":"","photo_position":"above","related_issue":[547157],"teaser":"","voice_url":""},"yoast_head":"\nDXwand scores funding for AI research - EnterpriseAM Egypt<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/enterpriseam.com\/egypt\/2022\/06\/12\/dxwand-scores-funding-for-ai-research\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"DXwand scores funding for AI research\" \/>\n<meta property=\"og:description\" content=\"Tech and AI startup DXwand has closed a USD 1 mn pre-series A investment round led by Huashan Capital and with participation from angel investors Mohsen Abulleil and Ahmed Bakeer, according to a press release (pdf). US-based venture capital firm SOSV also \u201csupported the due diligence and syndication of this fundraising round.\u201d SOSV had previously […]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2022\/06\/12\/dxwand-scores-funding-for-ai-research\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2022-06-12T04:10:59+00:00\" \/>\n<meta name=\"author\" content=\"enterpriseam admin\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"enterpriseam admin\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2022\/06\/12\/dxwand-scores-funding-for-ai-research\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2022\/06\/12\/dxwand-scores-funding-for-ai-research\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"DXwand scores funding for AI research\",\"datePublished\":\"2022-06-12T04:10:59+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2022\/06\/12\/dxwand-scores-funding-for-ai-research\/\"},\"wordCount\":161,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"keywords\":[\"AI\",\"DXwand\",\"EnterpriseAM\",\"ITIDA\",\"SOSV\",\"Startup watch\",\"startups\",\"venture capital\"],\"articleSection\":[\"Startup watch\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2022\/06\/12\/dxwand-scores-funding-for-ai-research\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2022\/06\/12\/dxwand-scores-funding-for-ai-research\/\",\"name\":\"DXwand scores funding for AI research - 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