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1001 Raises $30 Million In ...

SOLD

1001 Raises $30 Million In Series A Funding Led By Lux Capital With Multiple Investors

Building Size

Asset Type

Closing

Jun 30, 2026

AI

1001, a developer of sovereign AI operating systems for critical infrastructure, has raised $30 million in a Series A funding round, led by Lux Capital, with participation from PIF-owned Sanabil Investments, 9Yards, Hanabi, General Catalyst, CIV, Stanford AI researcher Chris Ré, and several angel investors.

Summary of transaction details:

  • Deal Type: Series A
  • Transaction Amount: $30,000,000
  • Founders: Bilal Abu-Ghazaleh
  • Headquarters: London
  • Notable Investors: Lux Capital, Sanabil Investments, 9Yards, Hanabi, General Catalyst, CIV, Chris Ré

Founded in 2025 by CEO Bilal Abu-Ghazaleh, 1001 develops AI systems aimed at helping operators across sectors such as aviation, ports, energy, and manufacturing make real-time operational decisions. The new funding will allow the company to expand its engineering team and strengthen its commercial presence across key GCC markets.

Players

1A
1001 Sixth AssociatesBuyer

Market CRE Market Snapshot

Boundary boundary · CRE · Sale transactions

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

5.80%

Cash-on-Cash

-1.66%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93