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New $100M Fund Fuels Global AI Innovation and Growth

9/23/2025

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Summary

Story summary

Presight and Shorooq launched the Presight–Shorooq Fund I, a $100 million global artificial intelligence (AI) innovation fund.
It targets investments in AI, machine learning, and advanced data analytics to transform industries.
The fund connects founders worldwide with strategic capital and mentorship.
It offers access to the UAE's distribution network and Presight's international customer base, supporting fintech, energy, and smart-city ventures.

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Story summary

Presight and Shorooq launched the Presight–Shorooq Fund I, a $100 million global artificial intelligence (AI) innovation fund.
It targets investments in AI, machine learning, and advanced data analytics to transform industries.
The fund connects founders worldwide with strategic capital and mentorship.
It offers access to the UAE's distribution network and Presight's international customer base, supporting fintech, energy, and smart-city ventures.