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