Dossier
Lux Capital
Coverage of Lux Capital in the Nexus archive.
1001organization1Sanabilorganization1Bilal Abu-Ghazalehperson1AItopic1Gulfplace1Iran wartopic1Strait of Hormuzplace1Theodore Gillibrandperson1Kirsten Gillibrandperson1American Perpetuals Exchange Corporationorganization1Commodity Futures Trading Commissionorganization1Perpetual Futurestopic1Kalshiorganization1GENIUS Acttopic1
- US investors lead $30M funding for Gulf AI startup 1001
Startup 1001, based in Dubai and London, raised $30 million from US firm Lux Capital and Saudi's Sanabil to develop AI solutions for Gulf aviation, ports, and energy infrastructure. The company plans to expand internationally within a year, leveraging regional government support for applied AI and aiming to address supply chain challenges amid diversification efforts.
- Exclusive: Son of pro-crypto New York Senator Kirsten Gillibrand raises $30 million to launch a derivatives exchange
Theodore Gillibrand, son of pro-crypto Senator Kirsten Gillibrand, raised $30 million led by Lux Capital to launch APEC, a derivatives exchange for perpetual futures. The platform aims to list perpetual futures for equities and stock indices under CFTC regulation, avoiding cryptocurrency markets.