UAE-based AI finance platform Kudwa raised USD 1.1 mn in a funding round, as the startup looks to accelerate product development, grow its team, and expand across the Gulf, especially as demand for its AI finance management platform grows, CEO and Co-founder Karl Nasr told EnterpriseAM.

Who’s involved? The round — which closed in late 2025 but is only now being announced — saw participation from UK-based 1818 Venture Capital, F6 Ventures, US-based Sparked VC, Institutional Venture Partners, and Lebanon-based IM Fndng, according to a press release (pdf).

The pitch: Kudwa is “an AI finance manager that consolidates data, reports it, analyzes it, and then provides recommendations.” The platform is designed to address the manual work that comes with working across different systems, with the firm saying it sees strong demand from businesses struggling to manage fragmented financial data across multiple systems.

The company’s models combine machine learning with large language models, since statistical models found in machine learning help reduce the risks associated with language models.

“Finance people are the strategic partner of the CEO, and we intend to support them,” Nasr said. “We’re serving the finance manager and the CFO and the FPNA,” he added.

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