Think Raises $8 Million in Pre-Seed Funding
Riyadh-based startup Think has successfully secured $8 million in a pre-seed funding round. The funding was led by RAED Ventures and Wa’ed Ventures, with additional participation from Dhahran Techno. Founded with the goal of providing complete in-house capabilities for businesses to innovate and develop AI models tailored to their specific needs, Think offers a unique proposition that allows companies to own and optimize their AI solutions.
Investors and Funding Details
The funding round, which closed on July 15, 2026, highlights the interest from prominent investors in the region. RAED Ventures and Wa’ed Ventures led the funding, with Dhahran Techno also contributing. This investment signals a strong vote of confidence in Think's business model and its potential to drive AI innovation.
Leadership at Think
Ammar Enaya, Co-Founder and Chief Operating Officer of Think, has been instrumental in steering the company towards this successful funding round. His leadership is expected to continue playing a crucial role as the company utilizes this new capital to enhance its offerings.
Strategic Use of Funds
The newly raised funds are expected to be directed towards further development of Think's AI capabilities. This includes refining the technology to better serve diverse business needs and expanding its team to support growth and innovation.
Conclusion
The infusion of $8 million in pre-seed funding sets the stage for Think to accelerate its mission of empowering businesses with the tools to develop and own their AI models. With strong backing from major investors and a strategic plan for growth, the company is well-positioned to make significant strides in the AI industry.