Abu Dhabi-Based Presight Invests In Six AI Companies Through US$100 Million Fund
The investments form part of the Presight–Shorooq Fund I (PSFI), a US$100 million global early-stage fund the company had launched in partnership with Abu Dhabi-based investment firm Shorooq.
Abu Dhabi-based artificial intelligence (AI) and data analytics company Presight has revealed the first six companies that will be receiving investment through what the company calls its AI Innovation Ecosystem.
Presight’s AI Innovation Ecosystem, which consists of an AI Investment Fund, an AI Accelerator Program, and Research and Development Labs, is the company’s growth engine designed to identify, acquire, invest, accelerate and incubate the next generation of breakthrough AI intellectual property.
The investments form part of the Presight–Shorooq Fund I (PSFI), a US$100 million global early-stage fund the company had launched in partnership with Abu Dhabi-based investment firm Shorooq.
The businesses selected for investment include:
- Advanced Machine Intelligence (AMI), a world model AI company based in France
- NodeShift, a sovereign AI infrastructure platform based in the UAE
- Hebbia, a financial research AI company based in the US
- Candid Intelligence, a procurement and bidding AI platform based in the US
- Crunched, a financial intelligence platform based in the US
- Blue, an edge-native voice AI company based in the US
In a statement, Magzhan Kenesbai, Chief Growth Officer of Presight, commented, “AI only creates lasting value when it can operate within real systems. These first investments reflect that conviction—spanning secure AI infrastructure, vertical intelligence platforms for capital and industry, and edge-native systems. Each of these companies is building technology designed for integration into complex, regulated environments. By combining operational environments, structured incubation through the Presight AI Accelerator, and strategic capital via PSFI, we are creating clear pathways from innovation to implementation—translating frontier AI into intelligent systems at scale.”
Dr. Bilal Baloch, Partner at Shorooq, added, “When we launched this fund, our vision was to connect world-class AI innovators with the capital, regulatory support, and market access that our region offers. To have invested in six highly p romising companies, after assessing over 1,000, outside our home market alongside leading peers in the US and Asia in 120 days is a marker toward that vision. We were most impressed that these founders are pushing the boundaries of what AI can do—from giving every app a voice interface to automating billion-dollar industries—and thereby allowing us to back varying theses across the AI stack. This is just the beginning; we believe the fund can be a bridge between East and West for AI, and we’re committed to accelerating more breakthroughs that will transform businesses and communities.”
Pictured in the lead image is the Presight advisory board. Image courtesy Presight.
