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The Venture Codex

MGX

Floor 13, Al Sarab Tower, Abu Dhabi Global Market Square, Maryah Island, Abu Dhabi, United Arab Emirates

Overview

Technology investment firm focusing on AI and advanced technologies.

Founded

2024

Deals · 12mo

8

Links

WebsiteLinkedInX (Twitter)

Stage focus

—

Geographic focus

Cayman Islands
United Kingdom
United States

Sector focus

Business Development
Finance
Financial Services

Investment portfolio

12rounds
NAMEDATESIZE
Databricks
Aug 2026Participated
$5.0 BOther Equity
Anthropic
May 2026Participated
$50.0 BSeries H
Isomorphic Labs
May 2026Participated
$2.1 BSeries B
OpenAI
Mar 2026Participated
$10.0 BOther Equity
Anthropic
Feb 2026Led
$30.0 BSeries G
Databricks
Feb 2026Participated
$3.0 BDebt
xAI
Jan 2026Participated
$20.0 BSeries E
Databricks
Dec 2025Participated
$4.0 BSeries L
Databricks
Sep 2025Led
$1.0 BSeries K
Binance
Mar 2025Led
$2.0 BOther Equity
xAI
Dec 2024Participated
$6.0 BSeries C
OpenAI
Oct 2024Participated
$10.6 BOther Equity
Databricks
Aug 2026Participated
$5.0 BOther Equity
Anthropic
May 2026Participated
$50.0 BSeries H
Isomorphic Labs
May 2026Participated
$2.1 BSeries B
OpenAI
Mar 2026Participated
$10.0 BOther Equity
Anthropic
Feb 2026Led
$30.0 BSeries G
Databricks
Feb 2026Participated
$3.0 BDebt
xAI
Jan 2026Participated
$20.0 BSeries E
Databricks
Dec 2025Participated
$4.0 BSeries L
Databricks
Sep 2025Led
$1.0 BSeries K
Binance
Mar 2025Led
$2.0 BOther Equity
xAI
Dec 2024Participated
$6.0 BSeries C
OpenAI
Oct 2024Participated
$10.6 BOther Equity
12
Items
Browse all public portfolio deals

Insights

Time horizon

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Deal Distribution

MGX: 12 funding rounds are recorded in the selected participation categories.All available history.
MGX: 12 funding rounds are recorded in the selected participation categories. All available history
Round typeLed dealsParticipated deals
Series B01
Series C+24
Other Equity13
Debt01

Monthly Deal Activity

MGX: 12 deals are recorded across 25 months.All available history.
MGX: 12 deals are recorded across 25 months. All available history
MonthDeals
Oct '241
Nov '240
Dec '241
Jan '250
Feb '250
Mar '251
Apr '250
May '250
Jun '250
Jul '250
Aug '250
Sep '251
Oct '250
Nov '250
Dec '251
Jan '261
Feb '262
Mar '261
Apr '260
May '262
Jun '260
Jul '260
Aug '261
Sep '260
Oct '260

Sector Breakdown

MGX: AI & Machine Learning is the largest displayed sector by deal count (11 deals).All available history.

A deal can appear in multiple sectors, so sector totals may overlap. Capital represents disclosed total round sizes, not fund cheque sizes.

MGX: AI & Machine Learning is the largest displayed sector by deal count (11 deals). All available history
SectorDeals
AI & Machine Learning11
Enterprise Software6
Data, Analytics & IT6
Crypto & Blockchain1
Fintech1
Health & Life Sciences1

Deal Size Distribution

MGX: 12 rounds have a disclosed size in the displayed size bands.All available history.

Undisclosed round sizes are excluded. Capital represents total round sizes, not fund cheque sizes.

MGX: 12 rounds have a disclosed size in the displayed size bands. All available history
Round size band (USD)Deals
<$5M0
$5M-$10M0
$10M-$25M0
$25M-$50M0
$50M-$100M0
$100M-$250M0
$250M-$500M0
$500M-$1B0
$1B+12

Deals By Geography

MGX: United States has the largest recorded deal count among the displayed regions (10 deals).All available history.

Top 3 of 3 regions; European countries are grouped as Europe.

MGX: United States has the largest recorded deal count among the displayed regions (10 deals). All available history
RegionDeals
United States10
Europe1
Cayman Islands1
MGX: 20 co-investors are shown, with Fidelity Management & Research Company sharing 8 recorded deals.All available history.

Co-Investors

Bubble size = shared deals

Click a bubble to open that fund in a new tab.

Shows up to 20 co-investors ranked by shared deals. Deals may be shared with multiple funds, so rows overlap. Capital is total round size, not fund cheque size.

MGX: 20 co-investors are shown, with Fidelity Management & Research Company sharing 8 recorded deals. All available history
Co-investorShared deals
Fidelity Management & Research Company8
Andreessen Horowitz6
Insight Partners6
Temasek6
Thrive Capital6
Blackstone5
Coatue5
J.P. Morgan5
Morgan Stanley5
BlackRock4
GIC4
Goldman Sachs4
Qatar Investment Authority4
T. Rowe Price Associates4
Altimeter Capital3
D. E. Shaw Ventures3
Dragoneer Investment Group3
Lightspeed Venture Partners3
Microsoft3
New Enterprise Associates3

Investment Strategy

MGX: Led accounts for 25% and participating for 75% of round participation.All available history.
MGX: Led accounts for 25% and participating for 75% of round participation. All available history
CategoryDeals (count)Share (%)
Led325%
Participating975%
MGX: Single-lead accounts for 33% and co-led for 67% of lead dynamics.All available history.
MGX: Single-lead accounts for 33% and co-led for 67% of lead dynamics. All available history
CategoryDeals (count)Share (%)
Single-lead133%
Co-led267%

Team

Ahmed Yahia

CEO and board member