Debt Round

01Gov Raises AED 1.5M Debt Financing

01Gov raises AED 1.5 million in debt financing from the Mohammed Bin Rashid Innovation Fund to expand its AI-powered GovTech platform.

by Ben Murray

Updated June 03, 2026

01Gov Raises AED 1.5M Debt Financing

01Gov, a UAE-based GovTech company providing an AI-powered innovation platform for the public sector, has secured a financing guarantee of AED 1.5 million from the Mohammed Bin Rashid Innovation Fund. This funding will support the company's expansion and the development of its AI systems.

Investors

Mohammed Bin Rashid Innovation Fund (MBRIF), an initiative by the UAE Ministry of Finance to support entrepreneurship and innovation.

01Gov Use of Funds

The company plans to use the financing to accelerate the growth of its cloud-based platform and further develop One, its agentic AI system, while meeting increasing demand from government clients.

About 01Gov

01Gov provides a cloud-based digital platform that helps government entities monitor global trends, conduct benchmarking, and facilitate innovation through idea labs and learning programs. The company focuses on strengthening public-sector future-readiness and digital transformation.