The Emirati company “G42”, which works in the field of artificial intelligence, has invested in “Inveniam”.
Inveniam is an American company which specializes in developing digital solutions for the private markets sector, with the aim of enhancing technical cooperation, especially in the fields of artificial intelligence for the economic and financial sectors.
According to G42, this partnership aims to address the major challenges facing economic sectors in the field of technological technologies, especially in the fields of real estate, private equity, and infrastructure, which are the largest asset classes in the world.
These markets suffer from many constraints that weaken their efficiency, such as lack of transparency and reliance on traditional and unsophisticated implementation methods, which makes them unable to fully benefit from the available growth opportunities, despite their large size and economic importance.
Go deeper on GCC & Africa tech — $9.99/month.
Deep dives and investor insights the free digest doesn't cover.
Under the agreement, G42 will intervene to ensure the sustainability of these services and address challenges radically through AI technology solutions and their use for Inveniam in private market systems, which will enable the development of innovative and secure financial solutions at the same time.
These solutions help speed up processes and reduce the risks associated with them.
Inveniam raised $120 million in its latest investment round, led by Cushman & Wakefield , reflecting the high confidence the company has in its field.
Engagement
