KARACHI: A venture builder company with its headquarters in the UAE and founded by Pakistani entrepreneurs, Disrupt.com, announced a $100 million commitment to build and back AI-first ventures worldwide on Thursday.
Founded initially in 2008 as “Gaditek” in Pakistan’s southern port city of Karachi by three entrepreneurs named Aaqib Gadit, Uzair Gadit, and Umair Gadit, venture builder and investor Disrupt.com says it partners with ambitious entrepreneurs to build, scale and invest in high-potential, globally focused technology startups.
“Today, Disrupt.com— founded by Aaqib Gadit, Uzair Gadit, and Umair Gadit— has announced a $100 million commitment to build and back AI-first technology ventures worldwide,” the company said in a statement.
Disrupt.com said that since it began operations, the company has deployed over $40 million into its portfolio, supporting a mix of startups that it “built from scratch, co-built with external founders, and invested in as strategic backers.”
“The $100 million commitment announced by Disrupt.com will focus on five key areas: artificial intelligence (AI), cybersecurity, Web3.0, automotive technology, and retail innovation,” it said.
Web3 is an umbrella term for technologies like blockchain that decentralize data ownership and control on the Internet.
“By targeting pre-seed to Series A stage startups with strong organic growth potential and clear paths to profitability, the venture builder aims to create sustainable businesses that will shape the future of industries worldwide,” it added.
Aaqib Gadit said now is the time to start “doubling down” on investing in the next wave of startups that will shape the future of the world.
“With Web 3.0 in its infancy and AI storming into our lives, the opportunity to problem solve and create businesses that will fit the needs of how people live and work is up for the taking,” he said in a statement shared by Disrupt.com.
Uzair Gadit said the big moves in AI and tech always come from either China or the US.
“We believe that MENA and Pakistan have a key role to play in this transformation,” he said.
Disrupt.com says its portfolio already includes ZigChain, a Web3.0 platform with 500,000+ users and hundreds of millions in managed assets, and PureSquare, a cybersecurity venture.
The company says it has also made strategic investments in AI-focused startups such as Agentnoon, an organizational transformation platform, and Ahya, a climate action scaling tool.
UAE-based company founded by Pakistanis to back AI-first ventures with $100 million investment
https://arab.news/ye63d
UAE-based company founded by Pakistanis to back AI-first ventures with $100 million investment

- Disrupt.com says $100 million commitment to focus on AI, cybersecurity, Web3.0, automotive technology and retail innovation
- Company says it partners with ambitious entrepreneurs to build, scale and invest in high-potential, globally focused tech startups