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    MGX

    Abu Dhabi, United Arab EmiratesFounded 2024
    www.mgx.aeLinkedIn
    AIHardware & SemiconductorsInfrastructure & Cloud

    MGX is an Abu Dhabi-based, state-backed investment firm established in 2024 as a joint venture between Mubadala Investment Company and G42. It invests across the AI value chain, focusing on semiconductors, AI infrastructure (including data centers and connectivity), and AI-enabling technologies and platforms, with a target of managing $100 billion in assets.

    56% of their portfolio is in AI. Deal activity decreased year-over-year (3 deals in the last 12 months vs 5 prior). Average disclosed round size is $5090.0M (across 11 rounds with reported amounts).

    Find people at MGX on Goldilocks AI

    Portfolio

    7

    Fund Size

    $49B

    Top Stage

    Growth

    Last 12 Mo

    3

    Team

    Ahmed Yahia Al Idrissi

    Ahmed Yahia Al Idrissi

    MANAGING DIRECTOR, CHIEF EXECUTIVE OFFICER & INVESTMENT COMMITTEE CHAIRMAN

    Ali Osman

    Ali Osman

    CHIEF INVESTMENT OFFICER, ARTIFICIAL INTELLIGENCE & INVESTMENT COMMITTEE MEMBER

    Andre Namphy

    Andre Namphy

    CHIEF LEGAL OFFICER & INVESTMENT COMMITTEE MEMBER

    Danny Dweik

    Danny Dweik

    CHIEF OPERATING OFFICER, CHIEF FINANCE OFFICER & INVESTMENT COMMITTEE MEMBER

    David Scott

    David Scott

    CHIEF STRATEGY, EXTERNAL AFFAIRS OFFICER & INVESTMENT COMMITTEE MEMBER

    Dr. Guy Harmelin

    Dr. Guy Harmelin

    CHIEF INVESTMENT OFFICER, ADVANCED TECHNOLOGY & INVESTMENT COMMITTEE MEMBER

    Omar Alismail

    Omar Alismail

    CHIEF INVESTMENT OFFICER, SEMICONDUCTORS & INFRASTRUCTURE & INVESTMENT COMMITTEE MEMBER

    Amal Al Qasim

    Amal Al Qasim

    CHIEF OF STAFF TO THE CEO

    His Excellency Jassem Al Zaabi

    His Excellency Jassem Al Zaabi

    Board Member

    His Excellency Khaldoon Al Mubarak

    His Excellency Khaldoon Al Mubarak

    Vice Chairman

    Laila Saif

    Laila Saif

    Chief People Officer

    Martin Edelman

    Martin Edelman

    Board Member

    Portfolio Breakdown

    Stage Distribution

    Sector Distribution

    Investment Activity

    DealsAvg Round Size

    Portfolio

    18 investments
    CompanyRoundAmountDate
    Databricks logoDatabricksGrowth$5BAug 2026
    Anthropic logoAnthropicSeries H—May 2026
    Anthropic logoAnthropicGrowth—Jan 2026
    Anthropic logoAnthropicSeries G—Jan 2026
    AAnthropic, PBCSeries H—Jan 2026
    AAnthropic, PBCSeries G—Jan 2026
    Databricks logoDatabricksGrowth$1BSep 2025
    Isomorphic Labs logoIsomorphic LabsSeries A$600MMar 2025
    Anthropic logoAnthropicGrowth—Feb 2025
    xAI logoxAISeries C$6BDec 2024
    Databricks logoDatabricksGrowth$8.6BDec 2024
    OpenAI logoOpenAIGrowth$6.6BOct 2024
    Isomorphic Labs logoIsomorphic LabsSeries B—Aug 2024
    OpenAI logoOpenAIUnknown$6.6BJan 2024
    Anthropic logoAnthropicSeries H$450MJan 2023
    Databricks logoDatabricksSeries D$140MAug 2017
    Mistral AI logoMistral AIGrowth$1B—
    xAI logoxAISeries E$20B—

    Top Co-Investors

    Coatue Management LLC8 shared
    Insight Partners8 shared
    Altimeter Capital Management, LP7 shared
    Thrive Capital7 shared
    Blackstone Inc.7 shared
    Andreessen Horowitz (a16z) Bio + Health6 shared
    General Catalyst6 shared
    Fidelity Management & Research Company6 shared
    Lightspeed Venture Partners5 shared
    Sequoia Capital5 shared
    D1 Capital Partners5 shared
    Baillie Gifford5 shared
    Jane Street Capital5 shared
    Greenoaks Capital5 shared
    D. E. Shaw Ventures5 shared
    DST Global4 shared
    Fidelity Investments3 shared
    Iconiq Capital, LLC3 shared
    Alphabet Inc.3 shared
    Founders Fund3 shared

    Last updated: 27 September 2026