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  2. Presight invests in six AI firms through Presight-Shorooq Fund I

Presight invests in six AI firms through Presight-Shorooq Fund I

NOHA.GAD
Mar 18, 2026
Presight unveils its first AI investments through the $100 million Presight-Shorooq Fund I

Abu Dhabi - Sharikat Mubasher: Presight, a global leader in applied AI for intelligent systems, announced the first six artificial intelligence (AI) companies selected to receive investment through its global AI innovation fund, the Presight-Shorooq Fund I.

These investments strengthen the pipeline of technologies designed to power next-generation intelligent systems at national and enterprise scale, the company stated in a press release yesterday.

The six companies are: AMI-Advanced Machine Intelligence, Nodeshift, Candid, Hebbia, Blue, and Crunched. They are located across the UAE and the US, and span sovereign AI infrastructure, vertical intelligence platforms for capital and industry, and edge-native intelligence systems.

The Presight-Shorooq Fund I (PSFI) is a $100 million global early-stage fund established in partnership with Shorooq as part of Presight’s AI Innovation Ecosystem. It supports global startups developing cutting-edge artificial intelligence, machine learning, and advanced data analytics solutions.

Presight’s AI Innovation Ecosystem is designed to identify, acquire, invest, accelerate, and incubate the next generation of breakthrough AI intellectual property to ensure that emerging technologies are developed with deployment in mind from day one. It consists of an AI Investment Fund, an AI Accelerator Program, and Research and Development Labs.

Commenting on this milestone, Magzhan Kenesbai, Chief Growth Officer of Presight, said: “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.”

The Presight AI Accelerator Program provides companies with structured mentorship, access to world-leading compute infrastructure, fast-track commercialization pathways with enterprise and government clients within the G42 and Presight ecosystems, and technical integration support.

Bilal Baloch, Partner at Shorooq, said: “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 promising 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.”

Moreover, these investments reflect Presight’s focus on identifying breakthrough applied intelligence systems primed for integration into complex, regulated environments where reliability, resilience, and governance are critical.

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Presight Shorooq Fund I
investments
sovereign AI
vertical intelligence
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