Saudi Arabia’s CQR, a cybersecurity startup, has secured $3 million investment round led by UAE-based Shorooq.
More to Know:
- Nasser Al-Dossary founded CQR in 2023
- CQR provides cyber solutions, dedicated to securing and fortifying Operational technology (OT) infrastructure.
- Its flagship product uses AI for instant threat detection and response tailored to OT environments, and seamless integration with existing systems.
- CQR said that the funds will allow it to scale its cybersecurity solutions and expand its presence across the MENA region.
Related Comments:
- Naser Aldossary, CQR CEO and Founder commented: “Cyber threats in OT environments are evolving rapidly, and traditional security models are no longer enough. At CQR, we are reengineering cybersecurity for industrial operations—building innovative, product-driven solutions that make OT security accessible, efficient, and highly scalable. This investment will accelerate our ability to scale, expand our AI capabilities, and ensure that industries dependent on OT systems remain resilient against emerging threats.”
- Yousef Albabtain, Partner at Shorooq, said “Our investment in CQR aligns with our vision to support transformative technology companies that address critical industry challenges,” he added “CQR’s product-driven cybersecurity approach is disrupting a traditionally service-heavy industry, making OT security more accessible, efficient, and scalable. We believe their solutions will become an industry standard, and we are excited to support their growth.”