Future Investment Initiative Institute

Future Investment Initiative Institute is a not-for-profit foundation seeking to empower the ideas to materialize and scale sustainably. The company was founded in 2019 and is headquartered in Riyadh, Saudi Arabia.

Richard Attias

CEO

Anthony Berkley

Director of ACT and Head of Investments

5 past transactions

AZmed

Seed Round in 2021
AZmed is a technology company based in Paris, France, that specializes in automating fracture X-ray diagnostics. Founded in 2018, the company leverages deep learning and artificial intelligence to assist healthcare professionals in analyzing medical images and identifying bone lesions or fractures on standard radiographs. By integrating its solutions into the existing workflow of doctors, AZmed enables them to enhance productivity and reduce diagnostic errors without altering their work habits. This focus on optimizing low-level exams allows physicians to allocate more time to critical, life-threatening cases, ultimately improving patient care.

Lilium

Post in 2021
Lilium GmbH is an aviation company based in Wessling, Germany, focused on providing an on-demand air taxi service to enhance urban and suburban mobility. Founded in 2015, Lilium has developed the Lilium Jet, a fully-electric vertical take-off and landing aircraft designed to facilitate regional travel that is significantly faster than traditional rail or road options while remaining competitively priced. The Lilium Jet, which can accommodate seven passengers, is engineered for high performance with low noise emissions, supporting the company's goal of creating a sustainable and efficient transportation network for people and goods. The company's journey began with the successful first flight of its demonstrator aircraft in 2019, marking a significant milestone in its mission to revolutionize air mobility.

Red Sea Farms

Series A in 2021
Red Sea Farms, based in Thuwal, Saudi Arabia, specializes in sustainable agriculture solutions tailored for arid environments. The company focuses on developing innovative technologies that enable greenhouse and hydroponic farms to cultivate high-quality produce while minimizing water and energy consumption. This approach not only enhances food production efficiency but also promotes sustainability and cost savings for farmers. In addition to its proprietary technologies, Red Sea Farms offers consultancy services, providing expert technical advice on the design and project management of saltwater-based and desert agricultural systems. Through its diverse range of products and services, the company aims to address the challenges of agriculture in water-scarce regions.
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