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Shorooq, Presight join Maven Robotics’ $100 million Series A
UAE-based Shorooq and Presight, a G42 company, have invested in US industrial robotics startup Maven Robotics as part of its $100 million Series A, through funds managed by Shorooq. The round also included RoboStrategy, LocalGlobe, Vine Ventures and XTX Ventures. The individual investment amounts from Shorooq and Presight were not disclosed. Founded in 2024 by Hamza Derbas and headquartered in Santa Clara, California, Maven develops autonomous industrial robots for logistics and manufacturing, initially targeting tasks including mixed-case palletising and tote handling. The funding will support the production of Maven's third-generation robot fleet and development of its fourth generation, as the company expands from palletising into broader materials-handling applications. The investment forms part of Shorooq and Presight's strategy to back AI and deep-tech companies applying artificial intelligence to physical and industrial operations, while connecting portfolio companies with the UAE's AI, compute and enterprise ecosystem. Press release: Shorooq, the leading regional multi-strategy investment firm, and Presight, a global leader in applied AI for intelligent systems and a G42 company, have invested in Maven Robotics, an intelligent industrial robotics company building the first general-purpose robotics system. The investment was made through the Presight–Shorooq AI and Bedaya Funds managed by Shorooq, alongside RoboStrategy, LocalGlobe, Vine Ventures and XTX Ventures. Founded in 2024 and based in Santa Clara, California, Maven designs, builds, and deploys intelligent robots for logistics and manufacturing. The company started with mixed-case palletizing and tote handling, two workflows that represent an estimated $80 billion addressable market. Maven’s robots already run up to sixteen hours a day at customer sites with reliability above 99 percent. The company plans to build 250 of its third-generation machines as it expands across a market for warehouse automation worth tens of billions of dollars. Maven represents exactly the kind of company Shorooq was built to back: a founder tackling a real, physical problem at global scale, where applied intelligence turns automation from a research demo into working infrastructure. That thesis — backing the companies moving artificial intelligence off the screen and into the physical world — is what drew Shorooq to the deal. “The first wave of AI reshaped how we work with information; the next will reshape how the physical economy runs, and that is a far larger prize,” said Bilal Baloch, Partner at Shorooq. “What sets Maven apart is that Hamza and his team are not chasing a research benchmark — they are solving one industrial problem at a time, with the discipline and return-on-investment focus that real operators demand. Backing a company like this, from Abu Dhabi into Silicon Valley, is precisely what it means to invest in the frontier from the region, for the world.” The investment also reflects a deliberate pairing of capital with capability. Where Shorooq brings the investment discipline and company-building track record, Presight brings deep expertise in applied intelligence and access to one of the most significant AI and compute ecosystems in the world through G42 — an advantage designed to help portfolio companies scale faster than capital alone would allow. For Presight, the investment reflects its focus on applying intelligence to complex operational challenges. ”AI creates value when it works reliably in the environments where businesses operate,” said Thomas Pramotedham, Chief Executive Officer of Presight. “Maven is applying intelligence to the physical work of moving and handling goods, where performance is measured in operational results. Through the Presight–Shorooq Fund I, we aim to support companies like Maven with capital, applied AI expertise and relationships that can help them scale. This investment reflects our belief that the value of intelligence is realize…
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