We invest. We embed operators. We do the work.
IMX Funds I is an ADGM-licensed venture capital fund backing Series A B2B technology platforms where workflow-integrated proprietary data compounds into defensibility.
IMX Funds I
Series A B2B technology · GCC & international
A USD 100 million Series A fund. Portfolio companies relocate operations to the UAE, aligning with UAE Vision 2031 priorities: AI, FinTech, HealthTech, GreenTech and Smart City development.
Unlike traditional venture strategies that rely on broad diversification, IMX Funds I runs a concentrated book of eight to ten companies. That allows deeper engagement, stronger alignment, and active operational support, delivered through the 47X operating partner, throughout the growth journey.
When intelligence is a commodity, value belongs to those who own the data.
Algorithmic capability is widely available. Platforms win by embedding AI in business-critical processes, capturing proprietary data, and compounding learning. IMX backs businesses that turn universal intelligence into an unbeatable advantage.
Because nothing devalues intelligence faster than equal distribution.™
The Intelligence Yield Curve™
Yield steepens as adoption increases, fuelled by exclusive data from deep integration, delivering self-reinforcing product and business intelligence. We look for the five characteristics of winning B2B platforms:
- Embedded workflow criticality, sustained, high-value data generation.
- Multi-source data contribution, context-rich, defensible learning.
- Proprietary data capture, irreplicable insights, a compounding edge.
- Continuous learning infrastructure, real-time improvement with use.
- Expanding network-driven advantage, self-reinforcing growth and leadership.
Three non-negotiables.
Cash flow breakeven or better.
Proven businesses, not burn-rate bets.
Series A.
Demonstrated commercial traction and a clear path to scale.
UAE relocation.
A material part of operations moves to the region.
Seven Tier-1 Intelligence Yield Curve sectors.
Aligned with UAE Vision 2031. Market sizes are 2030 projections.
Smart City Platforms
Multi-modal urban operational data. City-wide optimization with very high infrastructure switching costs.
FinTech & Payments
Transaction, risk and behavioural data. Global fraud-protection network effects in mission-critical systems.
Healthcare Technology
Longitudinal clinical and outcomes data. HIPAA and FDA regulatory moats with clinical validation.
Energy & Utilities Tech
Grid, consumption and generation data. Real-time optimization and proprietary ESG analytics.
Supply Chain & Logistics
Multi-party operational data. Proprietary analytics in risk, demand and routing.
Cybersecurity & Compliance
Threat and compliance data. Shared zero-trust defense that compounds with every incident.
Marketing Technology
Cross-channel behavioural data. Attribution and personalization that lift revenue and retention.
Each sector is scored on the Intelligence Yield Curve for data variety, network effects, switching costs, regulatory barriers and intelligence compounding.
| Target Fund Size | USD 100 million (hard cap) |
|---|---|
| Investment Stage | Series A · B2B technology |
| Investment Period | 3 years |
| Fund Term | 5 + 2 years |
| Portfolio Construction | 8–10 companies |
| Minimum Investment | USD 500,000 |
| Management Fee | 2.5% |
| Carry / Hurdle | 20% / 8% |
| Target Return | 2–3x within 3–5 years |
A strategic base for future global expansion.
Portfolio companies establish a meaningful presence in the GCC by relocating a material aspect of their operations to the region, gaining access to tax incentives, world-class infrastructure, talent and capital.
This aligns company growth with the region's economic development objectives while creating long-term value for investors and portfolio companies alike.
Operating Partner
47X installs operators inside the business, not advice at a distance.
47X Group is the named operating partner for IMX Funds. Embedded operators work across commercial execution, customer acquisition, brand and positioning, performance and leadership, cost and margin discipline, IP and governance, building operating intelligence that compounds after they leave. Most recent result: Radian Arc, five years embedded, scaled from zero telco clients to telco infrastructure across 24 countries serving 1.5 billion consumers, sold to Submer in 2026 for a 25x return.
Capital deployed against milestones, not committed upfront.
Allocations are structured around investment programmes of roughly USD 10 million per company, with capital released progressively as agreed objectives are achieved.
This strengthens accountability, aligns incentives, and ensures investor capital is deployed deliberately throughout the growth journey.
Outcomes from the team's prior activity.
ARB Interactive, select case study
2022 – 2024
USA-based interactive sweepstakes platform, the fastest-growing operator in its segment. The team backed ARB through scaling, regulatory positioning and exit engineering, reaching USD 60M+ ARR within 18 months of launch.
The repeatable playbook
Across prior outcomes
Data-centric repositioning, strategic partnerships, board representation, accretive M&A and exit engineering, the same value-creation levers 47X installs inside IMX portfolio companies.
¹ Track record reflects historical investment activity of Xavier Kris and IMX team members prior to the formation of IMX Funds Limited. Not indicative of IMX Funds Limited's fund performance. Methodology in the Intelligence Yield Curve working paper. Past performance is not a reliable indicator of future performance.
IMX Funds I Fact Sheet
Strategy, the seven Tier-1 sectors, fund structure, regulatory stack and track record. PDF, for professional clients.