Abu Dhabi companies invest in US startup Maven Robotics

Two Abu Dhabi companies have backed US startup Maven Robotics in its $100 million fundraising round.

Venture capital company Shorooq and Abu Dhabi-listed AI company Presight invested in the industrial robot developer’s Series A round, the two said in a joint statement.

They did not disclose the details of their investments.

“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 Shorooq partner Bilal Baloch.

Presight CEO Thomas Pramotedham added that the Presight-Shorooq Fund I seeks to support companies such as Maven with capital to help them scale.

The Presight-Shorooq Fund I was launched in September 2025 and aims to invest $100 million in the next generation of AI companies.

Founded in 2024, Maven designs, builds and deploys intelligent robots for logistics and manufacturing. The company claims its robots already run up to 16 hours a day at customer sites with reliability above 99 percent.

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The new capital will fund the build-out of Maven’s third-generation fleet and the design of the next generation, the statement said.

Presight is majority-owned by Abu Dhabi-based G42. Its shares closed 0.3 percent higher at AED3.79 on Tuesday, up more than 15 percent so far this year.

This week Abu Dhabi Investment Council, wholly owned by Mubadala, invested in a multi-billion-dollar fundraising round for Nscale, a London-based AI data centre operator.

In January Mubadala group CEO Khaldoon Al Mubarak said the $330 billion wealth fund was targeting opportunities in AI and robotics.