UAE-based eVoost AI expands globally after $2.2M round

eVoost AI has raised €2 million ($2.2 million) in a round led by First Drop VC. A syndicated investment vehicle linked to Hub71 and backed by Mubadala Investment Company also took part, along with strategic investors and angels with exposure to Romania and the UAE.

The company will use the funds for product and technology development, international expansion and team growth, with plans covering Spain, Portugal, the UAE, the United States and new markets.

Founded in 2024 by Cristian Pastrana and Koh Onozawa, eVoost AI uses AI, predictive analytics and automation to help developers identify buyer demand before construction is complete. It reports more than $3.5 billion in real estate assets under commercial agreements.