"We Got Funded!" Tunisia-Born Clusterlab Secures US$600,000 In A Pre-Seed Funding Round With The Aim To Advance Arabic Artificial Intelligence Tech
  • 3/25/2024

“We Got Funded!” Tunisia-Born Clusterlab Secures US$600,000 In A Pre-Seed Funding Round With The Aim To Advance Arabic Artificial Intelligence Tech

Originating from Tunisia and now operating from the UAE, Clusterlab has successfully raised $600,000 in pre-seed funding for its focus on Arabic AI technologies. The funding round includes notable investors like Karim Beguir and early supporters of InstaDeep, along with regional angel investors, all showing a solid vote of confidence in Clusterlab’s direction and promise.

ClusterLab stands out in the field of Artificial Intelligence (AI) and Natural Language Processing (NLP), acknowledged for its collaboration with InstaDeep on a national AI project for Tunisia’s Ministry of Higher Education and its inclusion in the Nvidia Inception Program for promising AI startups. This collaboration highlights Clusterlab’s commitment to using AI for the betterment of society and education.

Haithem Kchaou, Co-Founder and CEO of ClusterLab, emphasizes the company’s innovative use of NLP for content summarization, a field in which they have been pioneers. Chehir Dhaouadi, CTO and Co-Founder, shares his optimism about the future, particularly about showcasing their technological progress to the public, especially through the widespread application of their AI solutions.

The new funding will boost Clusterlab’s research and development, focusing on the next generation of Large Language Models (LLMs) to enhance their NLP capabilities. This development is crucial for improving the user experience in AI-driven products like Reedz and Elm, aiming to transform the production and consumption of Arabic content by making it more accessible and engaging to a global audience.