Abu Dhabi, UAE – September 23, 2025
In a significant move to bolster the global AI ecosystem, Presight, a leading AI and big data analytics company, has partnered with Shorooq, a prominent Abu Dhabi-headquartered investment firm, to launch the Presight–Shorooq Fund I. This $100 million fund aims to invest in 25 to 30 artificial intelligence (AI) and deep tech startups worldwide, with a strategic focus on sectors such as smart cities, energy, fintech, augmented and virtual reality (AR/VR), game development, Industry 4.0, and other deep technology solutions.
Strategic Focus and Investment Approach
The fund is designed to support startups at various stages of development, from early-stage ventures to more mature companies demonstrating scalability. Notably, 40% of the capital is reserved for later funding rounds to assist companies that have proven their ability to scale effectively.
According to Mahmoud Adi, Founding Partner at Shorooq, the mission of the fund is to empower promising companies capable of delivering sustainable impact across key sectors. He emphasized that the fund’s approach combines strategic capital with advanced infrastructure and mentorship to accelerate the growth of portfolio companies.
Infrastructure and Support for Startups
A key differentiator of the Presight–Shorooq Fund I is the comprehensive support it offers to portfolio companies. Startups will gain access to Presight’s technical infrastructure, including cloud computing, GPU resources, and secure data environments. Additionally, they will benefit from Shorooq’s regional and international network, providing strategic mentoring on business models, market entry, human capital support to attract top talent, and financial and strategic advisory services to help build resilient structures.
UAE’s Role in Global AI Innovation
The establishment of the Presight–Shorooq Fund I underscores the UAE’s commitment to becoming a global hub for AI innovation. By combining strategic capital, advanced infrastructure, and a unique geographic position connecting East and West, the UAE is reinforcing its status as a driving force in AI development. The fund aims to bridge ecosystems by connecting visionary founders from around the world with strategic capital and mentorship, facilitating the rapid scaling of AI solutions that can transform industries and societies.
For more insights into the UAE’s advancements in AI innovation and investment, visit Arabian Business Times