Ahmed Yahia Al Idrissi brings an unusual combination of hands-on operating experience from chairing boards at major industrial and technology companies like GlobalFoundries and Emirates Global Aluminium with his role building Abu Dhabi's large-scale investment platforms, now applied to AI investing at MGX. He focuses MGX on AI infrastructure and real-economy deployment rather than pure software applications, while positioning the fund as unusually US-centric for a UAE sovereign vehicle, with 70-80% of capital expected to go to US-based projects.
About their Fund
Sectors
AI, Chips, Data, Robotics, Biotech
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Notable Investments
MGX is a state-backed AI investment vehicle jointly owned by Abu Dhabi's G42 and Mubadala Investment Company that focuses specifically on responsible development of frontier and general-purpose AI rather than operating as a traditional venture fund. The fund plays a hybrid role as both capital provider and geopolitical tool for the UAE, co-leading mega-rounds like Anthropic's $30B funding and building large physical AI infrastructure projects across continents while operating under regulatory frameworks for sensitive AI and data assets.
Notable Fund
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Popular Investors
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Deeptech / Hardware
Robotics
Biotech
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12
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Unknown
Pre-Seed - Seed
Unknown
$400K - $2M
Unknown
Defense
Deeptech / Hardware
Energy
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7
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Unknown
Pre-Seed - Series A
Unknown
$100K - $5M
Unknown
Defense
Deeptech / Hardware
Energy
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7
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Unknown
Pre-Seed - Series A
Unknown
$100K - $5M
Unknown
Biotech
Health
Deeptech / Hardware
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2
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Unknown
Pre-Seed - Seed
Unknown
$250K - $2M
Unknown
Climate
Deeptech / Hardware
Materials
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4
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Unknown
Pre-Seed - Seed
Unknown
$400K - $1.5M
Unknown
Deeptech / Hardware
Robotics
Biotech
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7
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Unknown
Pre-Seed - Seed
Unknown
$400K - $2M
Unknown
Deeptech / Hardware
Robotics
Biotech
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2
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Unknown
Pre-Seed - Seed
Unknown
~$750K
Unknown
Fintech
Deeptech / Hardware
Devtools
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2
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Unknown
Pre-Seed - Series A
Unknown
$250K-$1M
Unknown
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