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MGX

MGX

United Arab Emiratesmgx.ae

Overview

MGX is an Emirati state-owned investment firm for artificial intelligence (AI) technologies . Established by the government of Abu Dhabi in 2024, MGX aims to become a vehicle for AI-driven investments . The company invests in AI infrastructure, semiconductors, AI core technologies, and applications .

Year Founded

2024

Portfolio Companies

12

Website

mgx.ae

Investments

CompanyDateStageLead
AnthropicMay 2026Series HCo-investor
Isomorphic LabsMay 2026Series BCo-investor
OpenAIMar 2026Growth EquityLead
AnthropicFeb 2026Series GLead
DatabricksDec 2025Series LCo-investor

Key People

Andy Pickens

Managing Director - Operating Partner, AI Product Lead

Gary Demasi

Managing Director, Operating Partner

Colin Tucker

Operating Partner

Aahan Naik

Investor

Alexander Garcia

Investor

Katherine Qiu

Investor

Lara Fourman

Investor - Technology Private Equity

Yongteng Wen

Investor

Sector & Stage Mix

Industry, funding stage, and valuation band breakdowns.

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SeedSeries ASeries BGrowth

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Investment Activity

Yearly cadence, pace, and funding raised over time.

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2021
2022
2023
2024
2025
2026

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FAQ

Firmographic Details

HeadquartersUnited Arab Emirates
Year Founded2024

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