In a bold move amidst a global contraction in venture capital funding, UAE-based venture builder Disrupt.com, founded by Aaqib Gadit, Uzair Gadit, and Umair Gadit, has announced a $100M commitment to AI-first technology ventures globally. The founders, who previously exited their cloud hosting platform Cloudways for $350M, are reinvesting their capital and entrepreneurial expertise to build and back innovative startups.
Disrupt.com plans to leverage its dedicated team of 650+ professionals to provide both capital and technical expertise to scale these ventures. Aaqib Gadit stated that now is the time to double down on their experience and financial investment to build the next wave of startups that will shape the future. The commitment targets five strategic sectors, with artificial intelligence as a cross-cutting theme.
Featured image: Disrupt.com founders: (L to R) Aaqib Gadit, Umair Gadit and Uzair Gadit. Credit: Disrupt.com
