- CQR secured $3 million in funding from Shorooq Partners to expand AI-driven OT cybersecurity solutions.
- The company focuses on scalable, product-based cybersecurity to protect industries like oil & gas and manufacturing.
- This investment aligns with Saudi Arabia’s Vision 2030, enhancing national cybersecurity capabilities and resilience.
Saudi Arabia-based cybersecurity firm CQR has secured $3 million in funding to advance its AI-driven solutions. The investment, led by Shorooq Partners, will enable the company to enhance its cybersecurity offerings for critical infrastructure industries.
Transforming OT Cybersecurity with AI
CQR, founded in 2023 by Naser Aldossary, is revolutionizing Operational Technology (OT) cybersecurity. Unlike traditional service-heavy models, CQR focuses on AI-driven, product-based solutions designed to protect industrial operations from cyber threats.
The company aims to secure industries such as oil & gas, manufacturing, and power plants by eliminating costly downtime risks and ensuring regulatory compliance. With increasing cyber threats targeting industrial systems, CQR’s scalable AI technology offers a proactive approach to security.
Investment to Fuel Expansion and Innovation
The $3 million investment will accelerate CQR’s expansion and innovation in AI-driven cybersecurity. The company plans to scale its technology to make cybersecurity more efficient and accessible for industrial organizations.
Shorooq Partners recognized CQR’s potential in reshaping OT cybersecurity. “CQR’s approach is disrupting the industry by providing scalable, product-based solutions,” said Yousef Albabtain, Partner at Shorooq. “We believe their technology will set a new standard in cybersecurity.”
Addressing Growing Cyber Threats
As cyber threats become more sophisticated, traditional security models are proving inadequate. Nation-state actors and cybercriminals increasingly target critical infrastructure, making AI-powered solutions a necessity.
“Cybersecurity is no longer just an IT issue—it is a matter of national security,” said Pierre Noel, former CSO of Microsoft Asia. “CQR’s AI-driven approach represents the future of OT security.”
Aligning with Saudi Arabia’s Vision 2030
CQR’s mission aligns with Saudi Arabia’s Vision 2030, which prioritizes cybersecurity as a key pillar for national development. By strengthening local cybersecurity capabilities, the company supports the kingdom’s goal of achieving digital security sovereignty.
With this funding, CQR is poised to become a leader in AI-driven OT cybersecurity, ensuring industrial resilience against evolving cyber threats.
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Last Updated on February 28, 2025 by Safiya K
