NEOM Investment Fund

Overview

As the strategic investment arm of NEOM, NEOM Investment Fund (NIF) is dedicated to supporting the growth of NEOM's economic sectors through the development of new commercial businesses. NIF invests globally through mergers and acquisitions and venture capital in technology startups, with a clear focus on pioneering growth companies and next-generation industries. It also develops joint ventures and partnerships with large multinationals, institutional investors, and innovators within NEOM. NIF's investments contribute to NEOM's sectors' vision to redefine business, livability, and conservation, and its strategy rests on six pillars: joint ventures, venture capital, investment attraction, portfolio management, global champions, and flagships. NIF's milestones include investments in companies such as Pony.ai, Regent, Boom Technology, BlueNalu, and Animoca Brands. NIF's strategy is designed to align NEOM's development objectives with those of innovators and institutional investors, de-risking opportunities for them to participate in creating core global growth businesses and a thriving economy in NEOM. To date, NIF has invested in several technology companies within the 14 priority sectors of NEOM that will accelerate technologies critical to the NEOM project and have a major impact on the future of living and sustainability. Replicated over time, this approach will position NEOM as a model for sustainable economic development. As a catalyst for change, NIF actively seeks deep partnerships with likeminded investors and bold entrepreneurs working on the world's most complex problems, in line with NEOM's vision. It aspires to create regional and global champion companies across NEOM's 14 economic sectors by investing in commercially viable projects and 'moonshot' ideas enabled by cutting-edge technologies. To accelerate the change, NIF will focus on developing investment opportunities for the private sector to participate in and will directly invest to unlock solutions that would be piloted and scaled-up in NEOM, and eventually exported to the world. As part of its mandate, NIF will also be assuming the role of portfolio manager for NEOM's sector assets and companies. This role will safeguard returns for the shareholder and investors through portfolio synergies and will underpin NEOM's long-term financial sustainability.

Investment Focus

• Long-term partners with the appetite to innovate or invest in ideas and businesses at scale
• Contribute to NEOM's mission to redefine business, livability, and conservation
• Focus on sectors and industries of the future

Portfolio Companies