Abu Dhabi Investment Authority Ramps Up AI Investments
Funding | Mar 14, 2025 | Zawya
The Abu Dhabi Investment Authority (ADIA) is increasingly focusing its investments on Artificial Intelligence within the United States. It recently participated in a $200 million seed funding round for Lila Sciences, a company that operates life sciences AI platforms. The investment was conducted through a wholly-owned subsidiary, though financial specifics were not disclosed. Lila Sciences is also backed by Flagship Pioneering, Blue Horizon Advisors, and various US venture capital firms including Modi Ventures and March Capital. The funds will support the development of AI platforms, autonomous labs, and scaling infrastructure. ADIA's recent AI investments were highlighted by a $1 billion stake in Qlik, a US data analytics firm, and a $500 million investment in AlphaGen, a US power infrastructure portfolio. The latter is pending regulatory approval and is a strategic move to develop AI-driven data centers. Additionally, ADIA was linked to a $646 million acquisition of a majority stake in Slk Software Pvt Ltd. The sovereign fund continues to make significant strides in AI and technology investments globally.
Sectors
- Artificial Intelligence
- Life Sciences & Healthcare
- Investment Management
- Power Infrastructure
Geography
- United States – The article centers around ADIA's US investments in AI and related technologies.
- United Arab Emirates – ADIA, a prominent UAE-based sovereign wealth fund, is leading these global investment moves.
- India – ADIA's involvement in the acquisition of SLK Software, an Indian company, is also discussed.
Industry
- Artificial Intelligence – The article focuses on ADIA's increasing investments in AI technology, particularly in the US market.
- Life Sciences & Healthcare – Lila Sciences operates in the life sciences sector, using AI to support its platforms.
- Investment Management – ADIA and various investment firms are actively participating in significant funding rounds and investment deals.
- Power Infrastructure – ADIA's investment in AlphaGen highlights focus in the power infrastructure sector, especially with its AI applications.
Financials
- 200,000,000 – The amount of the seed round in which ADIA participated for Lila Sciences.
- 1,000,000,000 – ADIA's stake in Qlik valued in this amount.
- 500,000,000 – Minority investment amount in AlphaGen by ADIA.
- 646,000,000 – Estimated value of the transaction for the majority interest in SLK Software.
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| Abu Dhabi Investment Authority (ADIA) | Investor | Company | A sovereign wealth fund from Abu Dhabi investing in AI and technology sectors. |
| Lila Sciences | Target Company | Company | A US-based firm in the life sciences sector using AI technology. |
| Flagship Pioneering | Investor | Company | An investment firm founded by Moderna, backing Lila Sciences. |
| Blue Horizon Advisors | Investor | Company | An investment firm with offices in the UAE and the UK, backing Lila Sciences. |
| Modi Ventures | Investor | Company | US-based venture capital firm investing in Lila Sciences. |
| March Capital | Investor | Company | US-based venture capital firm investing in Lila Sciences. |
| ARK Venture Fund | Investor | Company | US-based venture capital firm investing in Lila Sciences. |
| General Catalyst | Investor | Company | US-based venture capital firm investing in Lila Sciences. |
| Qlik | Target Company | Company | A US data analytics software company in which ADIA holds a $1 billion stake. |
| AlphaGen | Investment Target | Company | A power infrastructure portfolio targeted by ADIA for AI-driven data centers. |
| SLK Software Pvt Ltd | Target Company | Company | An Indian firm involved in a transaction linked to ADIA. |
| ChrysCapital Invest Advisors India Pvt Ltd | Investor | Company | Part of a group linked to the acquisition of an interest in SLK Software Pvt Ltd. |
| Hexaware Technologies | Investor | Company | Involved in the investor group linked to the acquisition of interest in SLK Software Pvt Ltd. |
| Altimetrik Corp | Investor | Company | Part of the investor group for the SLK Software acquisition. |
| Mphasis | Investor | Company | Participates in the investor group related to the SLK Software transaction. |