Shorooq and Presight Back Maven Robotics in $100M Series A

Maven Robotics has raised $100 million in Series A funding, with Shorooq and Presight among the investors backing the Santa Clara maker of intelligent industrial robots. The money moved through the Presight–Shorooq AI and Bedaya funds, both managed by Shorooq. RoboStrategy, LocalGlobe, Vine Ventures and XTX Ventures joined the round, which was announced Monday.

Maven was founded in 2024 and builds robots for logistics and manufacturing, covering design, assembly and deployment. It plans to turn out 250 of its third-generation machines as it pushes further into warehouse automation, where machines handle picking, movement and other repetitive work on warehouse floors.

Capital paired with capability

The two Abu Dhabi investors bring different things to the deal. Shorooq contributes an investment process and a record of building companies. Presight, which is backed by G42 and listed in Abu Dhabi, contributes applied intelligence expertise and reach into AI and compute ecosystems available through G42. The statement described the arrangement as a deliberate pairing of capital with capability.

Bilal Baloch, a partner at Shorooq, framed the investment as a bet on where the technology goes next. An earlier generation of AI changed the way information is handled, he said, and the generation now arriving will change how the physical economy runs, which he called a far larger prize. Backing Maven from Abu Dhabi into Silicon Valley, he added, is what investing at the frontier from the region, for the world, looks like.

Thomas Pramotedham, Presight's chief executive, made the case in operational terms. AI generates value, he said, when it performs reliably in the environments where businesses operate. Presight positions its own work around applying intelligence to difficult operational problems.

Fund I and the portfolio

Shorooq and Presight launched Presight–Shorooq Fund I in September 2025, targeting $100 million for companies at various stages that develop AI, machine learning and analytics. Pramotedham said the fund exists to give businesses such as Maven capital, applied AI knowledge and relationships that help them scale, and that the deal reflects a belief that intelligence proves its worth through use rather than through design alone.

Maven joins a portfolio of frontier technology companies Shorooq has backed, spanning AI and deep tech worldwide. The fund connects those companies to capital, computing capacity and enterprise networks inside the UAE's AI ecosystem.

Market and personnel notes

Presight shares changed hands at $1.02 (3.76 AED) on the Abu Dhabi Securities Exchange on Tuesday, as of 9:50 am AST Arabia.

Tarek Fouad, Shorooq's chief marketing officer, is named in a 2026 ranking of the Middle East's most influential CMOs. Pramotedham ranks ninth on a 2026 list of the region's top technology chief executives.