MagicCube Receives Investment from e& capital

The partnership highlights a shared goal to provide strong, hardware free security that builds trust across devices, cloud systems, and regions worldwide. It comes at a time when countries and businesses are working to better protect AI models, digital identities and cross border data, with the Gulf region becoming a key center for AI and digital innovation.

The investment marks an important step as regional tech leaders help shape global standards for AI, cloud and digital finance. By supporting MagicCube’s Software Defined Trust platform, e& capital is backing a flexible, hardware free security system that works across different environments, adapts to evolving regulations, and gives governments, banks, and businesses greater control over how their data and AI models are protected.

As governments, telecom companies, and large tech providers invest in advanced computing and data systems, MagicCube offers a software based security platform that protects important workloads across regions, devices, and cloud providers. Its system improves reliability, and security, helping payments, identity, and AI services stay safe, and available even as infrastructure and regulations change.

MagicCube’s SDT platform protects payments, digital identities, and AI services across devices like smartphones, tablets, vehicles, self checkout kiosks and IoT systems. This unified security layer allows partners to manage and use these services across different environments securely.

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"As compute and data become strategic national assets, our mission is to give partners a neutral trust fabric that works with any cloud, any device, anywhere in the world," added Shawki. "With e& at the forefront of this round, we can accelerate that vision alongside the regions investing most ambitiously in the next chapter of AI and digital sovereignty."

"MagicCube is addressing a fast growing need at the intersection of digital identity, payments and AI security," said Eddy Farhat, Executive Director, Corporate Ventures at e&. "As more sensitive workloads move across cloud and edge environments, organizations need flexible, software-based security that can support resilience, compliance and scale. Our investment reflects e& capital's focus on backing technologies that strengthen trusted digital infrastructure and open new opportunities across high-growth markets."

"Following Verifone's support—and at a time when the Gulf is shaping the future of AI and digital infrastructure—having e& in our corner is both a powerful endorsement and a strategic signal," said Sam Shawki, CEO and co-founder of MagicCube. "Together with e&, we're building secure identity and AI rails not tied to any single hyperscaler, hardware vendor, or jurisdiction—giving our partners the confidence to scale globally."

About MagicCube

Founded in 2014, by Sam Shawki, and Nancy Zayed, MagicCube provides software-based security that protects data, and workloads on devices and in the cloud, without needing special hardware. It's platform secures payments digital identity and AI services for banks, telecom companies, and enterprises, helping ensure reliability and compliance across regions.

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