1001, a tech startup operating across the GCC and London, has successfully closed a $30 million Series A funding round to advance its mission of developing sovereign AI tailored for critical infrastructure. Led by Lux Capital, the round saw significant participation from Sanabil Investments, 9Yards, and Hanabi, alongside increased investments from existing partners like General Catalyst and Stanford AI researcher Chris Ré. This influx of capital highlights a major shift in the Middle East, moving the region from an importer of foreign technology to a hub where high-stakes, real-world AI applications are being actively built and governed locally.

Founded in 2025 by CEO Bilal Abu-Ghazaleh, the company focuses on creating intelligent, live models of complex industrial operations—ranging from energy and oil flows to aviation and logistics. Unlike simple monitoring tools, 1001’s platform acts as an intelligent layer that anticipates operational failures and recommends proactive solutions, giving regional operators control over their most vital assets. By prioritizing local ownership and data sovereignty, the company aims to help GCC nations secure their economic infrastructure, which McKinsey estimates could see a $150 billion boost through AI integration. The new funding will allow 1001 to expand its engineering team and scale its presence across the region, further establishing itself as a pivotal partner for critical infrastructure management.