UAE-Based AIREV Secures Investment from Venturewave Capital

UAE-based artificial intelligence firm AIREV has secured investment from Ireland’s Venturewave Capital to accelerate the growth of its AI operating system ‘On-Demand.’

The capital will enable AIREV to expand beyond the UAE and Ireland and explore new markets. The investment reinforces its ambition to scale as a leading AI player in the GCC. The investment reinforces AIREV’s position to scale as an AI company in the GCC region.