Fundraising Fox

MGX

Private equity

Abu Dhabi · 4 people tracked

Also known as MGX FUND MANAGEMENT LIMITED

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Investment thesis

State-backed investor co-leading mega-rounds for frontier and general-purpose AI, offering geopolitical leverage, large-scale AI infrastructure across continents, and regulatory-safe handling of sensitive AI and data assets.

Source: firm website, verified Jul 28, 2026.

HQ
Abu Dhabi, AE
Leads rounds
Follows
Last 12 months
4 investments
Private fund assets
$39.1B
Tracked investments
6

Team · 4 people

from public directories

What they invest in

from 6 of 6 portfolio companies

AI & Machine Learning ×5Cloud Computing ×3Data & Infrastructure ×3Enterprise Software ×3Developer Tools ×2Biotech ×1Cleantech ×1Deep Tech ×1

HQs:United States×3United Arab Emirates×1

Investments · 6 tracked

founders shown can be your intro path

By year:2026 · 22025 · 24 dated

Isomorphic Labsisomorphiclabs.comin𝕏✓ verified

Isomorphic Labs applies artificial intelligence to drug discovery, working to develop treatments for serious diseases.

AI & Machine LearningBiotechDigital HealthHealthtech

Demis Hassabis(Founder)in

Co-investorsCapitalGGV (Google Ventures)AlphabetTemasekThrive CapitalCathay Innovation+2 more

Databricksdatabricks.comin𝕏Sep 2025 · $1B

Databricks provides a unified platform for data engineering, analytics, and artificial intelligence, enabling organizations to build and deploy data and AI applications on cloud infrastructure.

AI & Machine LearningCloud ComputingData & InfrastructureEnterprise SoftwareSan Francisco, US

Ali Ghodsi(Co-founder & CEO)inIon Stoica(Executive Officer, Director, Promoter)Matei Zaharia(Executive Officer, Director, Promoter)inReynold Xin(Founder)inPatrick Wendell(Founder)inAndy Konwinski(Founder)in

Co-investors137 VenturesA.Capital VenturesAglae VenturesAlkeon InnovationAltra VentureAmplify Partners+71 more

Khazna Data Centerskhaznadatacenters.comin𝕏Jun 2026

Khazna Data Centers designs, builds, and operates data centers offering secure, scalable, and energy-efficient hosting infrastructure for governments and businesses.

CleantechCloud ComputingData & Infrastructure

Abdul Majeed Harmoodiin

Co-investorsSilver Lake Partners

OpenAIopenai.comin𝕏Oct 2025

OpenAI is an AI research and deployment company focused on developing artificial general intelligence (AGI) with emphasis on safety and beneficial outcomes for humanity.

AI & Machine LearningCloud ComputingEnterprise SoftwareSan Francisco, US

Sam Altman(Co-founder & CEO)Elon Musk(Co-founder & former Co-chair / board member)Greg Brockman(Co-founder & President)inIlya Sutskever(Co-founder & Chief Scientist)inWojciech Zaremba(Co-founder)inJohn Schulman(Co-founder (departed 2024))

Co-investorsA.Capital VenturesA'Z AngelsAdvent InternationalAlpha Wave GlobalAndreessen HorowitzAnti+54 more

Runrun.house

Runhouse builds Kubetorch, a Pythonic serverless interface for running, building, and deploying machine learning workloads on Kubernetes directly from Python.

AI & Machine LearningData & InfrastructureDeveloper Tools

Co-investorsHetz VenturesBlackstoneCoatue ManagementWork-Bench

xAIx.ai𝕏Jul 2026 · $20Bacquired by SpaceX · Feb 2026 · $250B

x.ai builds frontier AI reasoning models, real-time voice AI, and generative media systems.

AI & Machine LearningDeep TechDeveloper ToolsEnterprise SoftwarePalo Alto, US

Yuhuai (Tony) Wu(Founder)Greg Yang(Founder)inGuodong Zhang(Founder)inIgor Babuschkin(Founder)inElon Musk(Founder)

Co-investors7percent VenturesAbstract VenturesAglae VenturesAmity VenturesAndreessen HorowitzArctic Digital+35 more

Exits · 1

IPOs and acquisitions across the tracked portfolio

xAIacq. by SpaceX

Portfolio news

latest coverage across their companies

Frequently asked questions

What sectors does MGX focus on?
MGX focuses on Crypto & Web3.
Where is MGX located?
MGX is headquartered in Abu Dhabi, AE.
Does MGX lead rounds?
MGX typically participates in rounds rather than leading them.

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