MGX
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 .
Investments
| Company | Date | Stage | Lead |
|---|---|---|---|
| OpenAI | Nov 2026 | Growth Equity | Co-investor |
| Anthropic | May 2026 | Series H | Co-investor |
| Databricks | Aug 2026 | Strategic | Co-investor |
| Isomorphic Labs | May 2026 | Series B | Co-investor |
| Binance | Mar 2025 | Strategic | Lead |
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Key People
Ali Osman
Chief Executive Officer
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.
FAQ
Where is MGX based?
MGX is headquartered in United Arab Emirates.
When was MGX founded?
MGX was founded in 2024.
How many portfolio companies does MGX have?
MGX has 10 portfolio companies in Caplight's dataset.
What are some companies in MGX's portfolio?
Portfolio companies visible on Caplight include OpenAI, Anthropic, Databricks, Isomorphic Labs, Binance.
What was MGX's most recent investment shown here?
MGX's most recent investment in this portfolio sample was in OpenAI in 2026.
What sectors does MGX focus on?
MGX focuses on AI, Data & Cloud Infrastructure, AI, Data & Cloud Infrastructure, Crypto & Web3, AI, Data & Cloud Infrastructure, Healthcare & Life Sciences, AI, Data & Cloud Infrastructure, AI, Data & Cloud Infrastructure, AI, Data & Cloud Infrastructure, AI, Data & Cloud Infrastructure, FinTech, Crypto & Web3, Crypto & Web3, Enterprise Software, Enterprise Software, Enterprise Software, Enterprise Software, AI, Data & Cloud Infrastructure, Telecommunications & Networking, FinTech, Real Estate & PropTech.
What company stages does MGX focus on?
MGX typically invests at the MultiStage stage.
What is MGX's AUM?
MGX's assets under management are estimated between $10.0B and $100.0B.