Seez bags USD 4.2 mn to expand in the US

Dubai-based automotive software solutions firm Seez secured USD 4.2 mn in investments, according to a press release, which did not disclose the names of the investors. The funds will be used to expand Seez’s presence in the US.

More on Seez: The startup was founded in 2015 by Tarek Kabrit (LinkedIn) and Andrew Kabrit (LinkedIn) and currently operates in the UK, Australia, Denmark, South Africa, New Zealand, Mexico, and GCC countries. The tech firm offers car dealerships AI products, including a chatbot, and e-commerce and omni-channel solutions.

OTHER STARTUP NEWS-

Capstone secures AED 20 mn to develop blockchain platform: UAE-based blockchain startup Capstone Technology raised AED 20 mn in its first funding round, according to a press release. The funding will be used to develop the company’s Gaya blockchain project, which targets supporting entrepreneurs working in the entertainment, gaming, and AI industries.