AqlanX to Launch AI Centre in Dubai After $10M Investment from Lakeba Group

Demetrio Russo

AqlanX, a UAE-based artificial intelligence company, has secured a $10 million investment from Lakeba Group through its enterprise automation venture, DoxAI. This funding aims to scale AqlanX's Arabic-first AI solutions across the Middle East, focusing on enterprise process automation, national capacity building, and talent development

“With Lakeba and DoxAI behind us, AqlanX is equipped to deliver Arabic-first AI that is not only world-class but also born in, and for, the UAE,” says Demetrio Russo, Founder and CEO of AqlanX. “We are building an innovation hub that reflects the ambitions of this region and empowers its enterprises to lead globally.”

The partnership also includes the establishment of an AI Centre of Excellence in Dubai, in collaboration with the University of Wollongong in Dubai (UOWD). This initiative is part of the UAE's NextGen FDI programme, which supports fast-tracked market entry and scaling for global tech-driven firms.

AqlanX's technology stack, grounded in DoxAI's enterprise automation intellectual property, enables rapid deployment across sectors such as finance, legal, and operations. The company's founder, Demetrio Russo, previously led KERNO Enterprises, a UAE-based technology hardware manufacturer.

Source: Startup Scene