Saudi GulfBoost Closes $1.33M Pre-Seed Round to Advance Geospatial AI Solutions

GulfBoost for Telecommunications and Information Technology (GBT), a Saudi-based company specializing in geospatial data, has announced the successful closure of a $1.33 million Pre-Seed investment round, with participation from Abdulaziz Abdullah Al Zamil & Sons Investment Company alongside angel investors.

GulfBoost focuses on developing advanced geospatial technology solutions and has launched Penta-KSA, a no-code software solutions package designed to democratize access to geospatial data for non-specialists across various sectors.

The company has also introduced its innovation arm, Penta-Labs, which specializes in deep technologies, with a strong focus on developing geospatial AI and digital twin solutions to support smart cities and large-scale projects.

The newly secured funding will be allocated toward enhancing the company’s technical infrastructure, expanding its team, and accelerating the launch of geospatial artificial intelligence products.

Founded in 2024 and led by Yousef AlNafjan, GulfBoost aims to build a robust technology ecosystem that empowers data-driven decision-making through advanced geospatial solutions.