SAN FRANCISCO, CALIFORNIA - 18 January 2018
GI Group today announced that the company plans on investing over $30M in the United States over a period of 3 years across various industries including companies that focus on artificial intelligence, machine learning, and manufacturing. The company also plans on investing in real estate across the country.
GI will invest in technology startups and companies focusing on building products based on artificial intelligence and machine learning. The investment fund also will focus on other asset classes including real estate and capital markets. “The US is a very attractive market for us and we will continue to expand our investments in the US as we focus on new technologies and products that further add to our positive momentum”, said the company’s CEO, Benna Iqbal. The company already has a presence in the country with its subsidiaries that develop aerospace technologies, healthcare and the new investment round will help GI further strengthen its presence in the United States.
GI is a privately owned multi-national holding company with investments in businesses spanned across multiple industries. GI invests and manages a portfolio of businesses worldwide across various sectors including technology, infrastructure, real estate, healthcare, and capital markets. The company has an active presence in North America, Europe, Middle East and Asia.