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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

9

Website

mgx.ae

Investments

MGX investments
CompanyDateStageLead
DatabricksAug 2026StrategicCo-investor
AnthropicMay 2026Series HCo-investor
Isomorphic LabsMay 2026Series BCo-investor
OpenAIMar 2026Growth EquityLead
AnthropicFeb 2026Series GLead
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Key People

Andy Pickens

Managing Director - Operating Partner, AI Product Lead

Gary Demasi

Managing Director, Operating Partner

Colin Tucker

Operating Partner

John Jung

Director of AI Engineering, Operating Partner

Aahan Naik

Investor

Alexander Garcia

Investor

Katherine Qiu

Investor

Lara Fourman

Investor - Technology Private Equity

Yongteng Wen

Investor

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Sector & Stage Mix

Industry, funding stage, and valuation band breakdowns.

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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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