Website
Industry
Business classification
VCID: 14395833
Profile
Corporate information
Also known as
NIF
Registration country
Also known as
NIF
Registration country
Investment activity status
Active investor
Overview
NEOM’s wholly owned subsidiary which is set up to support the buildout and development of NEOM’s 14 priority sectors and deliver long-term value while enabling creation of jobs in NEOM. NIF will invest globally through Mergers & Acquisitions and venture capital in technology startups, with a clear focus on pioneering growth companies and next-generation industries. NIF will also develop Joint Ventures and partnerships with large multinationals, institutional investors and innovators within NEOM.
Investments
Selected investments
| Company | Country | Date | Notes | ||
|---|---|---|---|---|---|
|
Zeroavia Inc Developer and manufacturer of hydrogen-electric aircraft engines. |
United States | 27 Nov 2023 | Series C Initial investment. Led the investment round. Active |
|
|
Regent Craft Inc Electric seaglider manufacturer. |
United States | 25 Oct 2023 | Series A Initial investment. Round participant. Active |
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|
Animoca Brands Corp Ltd Developer and publisher of smartphone apps |
Hong Kong SAR China | N/A Initial investment. Round participant. Active |
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Pony.ai |
N/A Initial investment. Round participant. Active |
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BlueNalu |
United States | N/A Initial investment. Round participant. Active |
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Boom Technology Inc |
United States | N/A Initial investment. Round participant. Active |