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Saudi investment firm Aramco Ventures has co-led a $20 million seed round in Twin1 AI, a San Mateo, California company that builds AI-powered digital twins for professional knowledge workers. The round, which also marks Twin1's launch from stealth, was co-led with Bessemer Venture Partners and Tribeca Venture Partners.
Twin1, founded in 2025 by Dr. Lewis Z. Liu (CEO),...
The United Arab Emirates has announced plans to invest 40 billion euros (about Dh170 billion) in Germany, coinciding with the state visit of UAE President Sheikh Mohamed bin Zayed Al Nahyan to Berlin. The package spans industry, advanced technology, artificial intelligence, digital infrastructure and energy, sectors both sides flag as long-term priorities.
Mubadala Capital, an Abu Dhabi-based investment firm, is backing Crusoe again as the US AI infrastructure startup raises more than $3 billion at a roughly $30 billion valuation. Atreides Management and Valor Equity Partners co-led the finalized round, with Mubadala Capital also participating. ...
Saudi investment firm Aramco Ventures has acquired stake in Andium, an Industrial Internet of Things (IIoT) company, for $21.7 million.
New York-based Andium specializes in Industrial Internet of Things...
Qatar Investment Authority (QIA), the sovereign wealth fund of Qatar, has led a $200 million Series D in Gatik, a US autonomous trucking company, alongside Koch Disruptive Technologies.
Gatik, based in Santa Clara, California, runs driverless box trucks between distribution centers and stores for retailers and consumer goods companies. Other investors in the round incl...