MGX

Abu Dhabi, United Arab Emirates
Venture funding for AI technologies is provided by MGX.
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About MGX

MGX is a company based in Abu Dhabi (United Arab Emirates). It operates as a B2B. MGX has completed 1 acquisition, including Aligned Data Centers.

  • Headquarter Abu Dhabi, United Arab Emirates
  • Sectors
    Financial Services
  • Phone
    *********
  • Website
    *********
Operational Areas
Financial Services → Private Capital & Alternative Investments
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Latest Funding Round
  • Investors
  • Employee Count
    Employee Count
  • Investments & Acquisitions
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People of MGX
Headcount 50-200
Employee Profiles 28
Employee Profiles
People
Vaibhav Agarwala
Director
People
Mohamed Elshorbagy
Vice President
People
Malik S. Nabulsi
Director
People
Kyle Tuckman
Director, Legal

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Funding Insights of MGX

Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Investments & Acquisitions by MGX

MGX has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Aligned Data Centers. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Acquisitions
Company Name Description Domain Location Founded Year Amount
Data center services are provided across the United States.
2013
Company Name Description Domain Location Founded Year Amount
OVO is recognized as a smart digital payment application.
2017
Bionic investment advisor platform
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014

Financial Statements - MGX

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Mgx Comparisons

Employees
+
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Competitors of MGX

Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on Mgx

Frequently Asked Questions about MGX

Where is MGX located?

MGX is headquartered in Abu Dhabi, United Arab Emirates. It is registered at Abu Dhabi, Abu Dhabi, United Arab Emirates.

What does MGX do?

Investments in advanced AI technologies are directed by MGX, a venture fund based in Abu Dhabi, United Arab Emirates. Focus is placed on supporting responsible AI development and deployment across the technology sector. Operations involve funding initiatives for AI-led innovations, with activities centered in the UAEs tech ecosystem. Services encompass venture capital for startups and projects aimed at accelerating AI applications.

How many acquisitions has MGX made?

MGX has made 1 acquisition, including Aligned Data Centers.

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