Shorooq and Abu Dhabi's Presight Launch $100m Global AI Fund
Presight-Shorooq Fund I will invest $100m in frontier AI startups, offering GPU access and distribution via the G42 ecosystem; it backed five companies in its first quarter.
On 23 September 2025, MENA venture firm Shorooq and Abu Dhabi-listed Presight, a G42 company, launched Presight-Shorooq Fund I, a $100m global fund targeting frontier AI, machine-learning and analytics startups across stages. Beyond capital, the fund offers GPU resources, secure data environments and distribution through the Presight and G42 ecosystem.
Within its first 120 days the fund deployed into five AI startups across the US and UAE, including NodeShift, Candid, Hebbia, Blue and Crunched, spanning sovereign AI cloud, vertical AI for finance and construction, and edge-native voice systems.