Rentify raises more funds, Robo.ai makes an AI acquisition, Enata expands marine manufacturing capacity

Rentify wants AI to run the rent roll

Dubai-based proptech Rentify raised USD 2 mn in seed funding to launch Earn AI, an Arabic-native platform that automates rent collection, lease renewals, tenant engagement, and pricing for GCC landlords and property managers, according to a press release. The round takes Rentify’s total funding to USD 2.5 mn after a USD 500k raise last year and marks its expansion from payments infrastructure into a broader rental-management operating system. The new platform is already live with five enterprise customers managing thousands of UAE units, according to a statement on LinkedIn.

Robo.ai is looking to broaden its reach beyond robotics

Robo.ai acquires QC Capital: Dubai-based and Nasdaq-listed AI and robotics firm Robo.ai is acquiring AI technology holding platform Quantum Core (QC) Capital in a USD 60 mn share-based transaction, according to a press release. The acquisition will give the firm full ownership of QC Capital, and the price tag is payable via new Class B shares in Robo.ai.

QC Capital? The firm focuses on AI, robotics, digital infrastructure, and industrial technologies, using AI-driven tools to support investment decisions, due diligence, portfolio management, and post-investment operations.

Enata to set up USD 20 mn manufacturing facility

Sharjah-based manufacturing company Enata Group is expanding its boatbuilding operations in Abu Dhabi with a new manufacturing facility backed by USD 20 mn in initial investment, according to a statement on LinkedIn. The facility will be built on a 100k sqm area and is scheduled for completion next year, with Enata planning to break ground this summer. This expansion follows a partnership with investment group Ayjal Holding.

The details: The waterfront site will include a dry dock, a refit facility that will serve yachts up to 60 metres, an academy and entrepreneurial incubator, and a dedicated 20k sqm R&D space.

Target sectors: The facility will focus on aerospace, automotive manufacturing, composites, and marine production as Enata continues to expand its manufacturing capabilities in the UAE and as the Emirates looks to localize more production and manufacturing lines.