How we invest

We don't complete and move on.
We build.

Capital, AI, an embedded team, compute, and a path to listing. All five, simultaneously, inside every investment.

Investment criteria

We are selective. Here's what we look for.

Sector fit

One of our ten target sectors, where we have deep AI deployment knowledge and clear transformation playbooks.

Strong fundamentals

Revenue-generating, operationally sound. We look for businesses that are profitable, or close to it, and could be significantly more so.

AI adoption gap

There is a visible gap between current performance and AI-enabled performance. We can articulate what AI would do before we invest.

Clear liquidity path

The company is already listed, or a credible listing pathway exists. Liquidity is always in the plan.

Management commitment

Transformation requires internal commitment. We look for founders and CEOs actively seeking a transformation partner, not a passive investor.

Enterprise value range

$20m – $200m

Larger deals considered on a case-by-case basis, typically in consortium.

Path to listing

Most companies that should be listed aren't. Most that do list, don't do it right.

We don't arrive at IPO stage. We build governance, the investor story, and the bank relationships from day one — so that when you're ready to list, the hard work is already done. The listing is the realisation of value, not the creation of it.

NASDAQ Dubai (DIFC)

DFM / ADX

Euronext

NASDAQ US

NYSE