Shorooq and Presight Join Maven Robotics’ $100 Mn Expand Industrial Robot Fleet

Founded in 2017, Shorooq is a technology-focused multi-strategy investment firm. It invests across venture capital, credit, private equity and real assets, with a focus on technology-driven businesses.

The firm invests in companies across sectors including fintech, software, artificial intelligence, industrials and infrastructure. Its approach combines global investment standards with a strong presence across the MENA and Asia regions.

Shorooq follows a founder-focused investment approach and works with businesses that are developing new technologies and reshaping their industries. The firm is regulated by the FSRA under FSP 190004 as a Fund and Asset Manager and deals only with professional clients.

Leadership Statements

“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.”

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 realized through its application.”

For Maven's founder, the backing brings partners who understand both the technology and the region's ambition to lead in it. “We're not in the race to build the biggest model — we're in the race to solve industrial labour and make this work possible at the scale the world needs,” said Hamza Derbas, Chief Executive Officer and co-founder of Maven Robotics. “Shorooq and Presight understood that from the first conversation. Beyond the capital, they bring an ecosystem — compute, data and enterprise relationships — that helps us deploy faster and reach customers we might not have reached alone. We also see the region a node from where we can take our robots global.”

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