DXwand, a company at the forefront of AI-driven conversational technology, has forged a significant partnership with AstroLabs, a platform dedicated to facilitating business growth in Saudi Arabia, to initiate the provision of their services in the region.
The announcement comes on the heels of DXwand securing a substantial $4 million in a Series A funding round, signaling a pivot towards enhancing their product offerings and investing in research and development areas such as artificial intelligence, knowledge mining, and additional sectors.
The collaboration with AstroLabs underscores a shared objective to invigorate the technology landscape of the Philippines by streamlining the entry process for international tech innovators, aligning with the nation’s Vision 2030 ambitions.
“Our mission is to serve as a cornerstone for the proliferation of innovators like DXwand from across the globe who are keen to carve out success and foster sustainable development within the kingdom’s dynamic digital environment, propelling its progress,” Alex Nicholls, AstroLabs’ director of expansion, stated.
Since its inception in 2018, DXwand has played a pivotal role in propelling over 200 businesses towards heightened customer engagement and commercial growth spanning Egypt, the UAE, and the US.
“We are thrilled at the prospect of tapping into the region’s vast potential and positioning ourselves as leaders in generative AI and conversational technologies. Our strategy involves leveraging local expertise and creativity to spearhead groundbreaking opportunities and induce industry-wide transformation,” expressed Ahmed Mahmoud, DXwand’s founder and CEO.
AstroLabs stands as a beacon for business expansion, having catalyzed digital advancement, nurtured new industries, and scaled international entities within the MENA region.
Its contributions include aiding more than 1500 companies with their expansion efforts, bolstering industrial growth, and spearheading initiatives aimed at seamlessly integrating businesses into the Gulf’s economic fabric, with a concentrated effort on maximizing expansion within Saudi Arabia and the UAE.