UAE’s AIREV secures Singapore investment to scale agentic AI in finance and healthcare

Abu Dhabi-based artificial intelligence company AIREV has secured backing from Singapore-based investment firm Terra Invest in a strategic funding round aimed at expanding sovereign AI solutions and strengthening technology cooperation between the UAE and Singapore.

The investment will support AIREV’s expansion plans and introduce new applications of agentic AI across financial services and healthcare, with an emphasis on data protection, digital sovereignty, and regulatory compliance.

As part of the partnership, AIREV will collaborate with Terra Invest portfolio companies Kairos Wealth and Shookra to integrate its AI capabilities into wealth management and healthcare services.

Dr. Thani bin Ahmed Al Zeyoudi, UAE Minister of Foreign Trade and Chairman of AIREV, said the investment reflects growing international confidence in the UAE’s technology and investment ecosystem.

He highlighted the importance of partnerships that combine investment and technological innovation to help UAE-based companies expand internationally and strengthen the country’s position as a global hub for advanced technologies.

In financial services, AIREV will integrate its agentic AI technology into Kairos Wealth, a wealth management operating system serving family offices and investment managers.

The collaboration will focus on four areas: intelligent trading, portfolio management, financial advisory, and regulatory compliance. It also aims to facilitate cross-border capital flows and strengthen connections between international investors and markets in the UAE and the wider region.

In healthcare, AIREV will work with Shookra, a physician-led company specializing in longevity, aesthetics, and regenerative medicine, on a wearable technology initiative.

The Shookra One smart-ring program, powered by AIREV’s OnDemand platform, will combine biometric data, advanced diagnostics, and physician-designed protocols to support AI-driven healthcare applications.

Muhammad Khalid, Co-founder and CEO of AIREV, said the company developed OnDemand as a sovereign agentic AI operating system capable of operating across different environments, from on-premises infrastructure to national data centers.

He noted that the partnership would enable AIREV to expand its role in highly regulated industries, particularly financial services and healthcare, where security and compliance requirements are critical.

Krishan Rattan of Terra Invest highlighted Abu Dhabi’s growing appeal as a destination for investment in advanced technologies, pointing to AIREV’s platform scale and its potential to support regulated AI applications.

The investment follows recent discussions between Al Zeyoudi and senior Singaporean officials on expanding bilateral trade and investment cooperation.

According to figures cited in the announcement, the UAE attracted $48.3 billion in foreign direct investment in 2025, ranking ninth globally. The country’s National Strategy for Artificial Intelligence 2031 also targets an AI contribution of approximately $91 billion to the economy by 2031.

Founded in Abu Dhabi in September 2023, AIREV develops OnDemand, a no-code and low-code agentic AI platform serving more than four million users through over 300 specialized AI agents in more than 50 languages.

The platform processed 6.8 trillion tokens in the second quarter of 2026, representing approximately sixfold year-on-year growth.