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Reading: Abu Dhabi’s Presight Backs Six AI Startups in First Fund Move
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Gulf Business Headline | The Gulf Enterprenure Face > Blog > Funding News > Abu Dhabi’s Presight Backs Six AI Startups in First Fund Move
Funding News

Abu Dhabi’s Presight Backs Six AI Startups in First Fund Move

vikashmohanty10@gmail.com
Last updated: May 11, 2026 7:32 am
vikashmohanty10@gmail.com
Published: March 18, 2026
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Presight AI startup investment: Abu Dhabi-based Presight has made its first investments from the $100 million Presight–Shorooq Fund I (PSFI), selecting six artificial intelligence startups from the United States and the UAE.

Contents
First Capital DeploymentWhat the Startups Are BuildingFocus on Real-World Use

First Capital Deployment

The PSFI fund was launched with venture firm Shorooq to support early-stage companies building applied AI solutions. The fund targets technologies that can move beyond testing and work in real business and government environments.

The first batch includes AMI (Advanced Machine Intelligence), NodeShift, Hebbia, Candid Intelligence, Crunched, and Blue. These companies are working in areas such as AI infrastructure, financial analysis, and edge computing.

What the Startups Are Building

AMI, founded by AI scientist Yann LeCun, is focused on “world model” systems that help machines understand how the real world works. These systems are being developed for industries like robotics and manufacturing.

NodeShift offers an on-premises AI platform that allows companies to run models within their own systems. This helps organizations keep control over sensitive data. The company has also worked with Presight through its accelerator program.

Hebbia is building tools that improve research workflows for financial institutions. Candid Intelligence focuses on AI solutions for procurement and bidding, especially in large infrastructure projects. Crunched provides AI-based financial insights for businesses and investors. Blue is developing voice-enabled systems that can complete tasks directly on devices without depending on external platforms.

Focus on Real-World Use

Presight said these investments are part of its broader AI ecosystem, which combines funding with technical support and market access. The goal is to help startups bring practical AI solutions to scale.

Through this model, companies get access to infrastructure, mentorship, and business opportunities linked to Presight and the wider G42 network. This investment in Presight AI marks the first step in deploying the PSFI fund, with a clear focus on building AI technologies that operate in complex, regulated environments.

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