Abu Dhabi’s ADIA expands AI portfolio with new US and India investments

The Abu Dhabi Investment Authority (ADIA) is broadening its global footprint in Artificial Intelligence (AI) and infrastructure, with recent investments in the United States and India signaling its continued interest in technology-led sectors. The sovereign wealth fund, which manages nearly $1.1 trillion in assets, has joined a $200 million seed funding round for Lila Sciences, a US-based company operating in the life sciences sector.

Lila Sciences to develop AI platform and lab infrastructure

The seed funding round was led by Flagship Pioneering, the venture firm behind Moderna, and includes contributions from Blue Horizon Advisors, which operates out of the UAE and the UK. Other participants in the round include Modi Ventures, March Capital, ARK Venture Fund, and General Catalyst. While specific financial terms related to ADIA’s participation were not disclosed, the capital will reportedly support Lila Sciences in developing its AI-based platform, autonomous laboratories, and foundational infrastructure. The company aims to scale its technology to support scientific discovery through automation and artificial intelligence.

ADIA invests heavily in US tech and infrastructure

The funding in Lila Sciences is the latest in a series of AI-related moves by ADIA. In November 2024, a wholly owned subsidiary of the fund acquired a $1 billion stake in Qlik, a US-based data analytics software company, in a deal that valued the company at $10 billion. Following that, ADIA committed $500 million as a minority investment in AlphaGen, a power infrastructure portfolio in the US, one of the largest of its kind with over 11 gigawatts of assets. The deal, subject to regulatory approval, is expected to close in the first half of 2025. The investment aligns with ADIA’s plans to support AI-driven data centers through strategic infrastructure partnerships.

Activity in India’s tech sector continues

In parallel to its US engagements, ADIA has also been associated with a consortium of investors involved in the acquisition of a majority stake in Slk Software Pvt Ltd, a Bangalore-based provider of custom programming services. According to LSEG data, the group includes ChrysCapital Invest Advisors India Pvt Ltd, Hexaware Technologies, Altimetrik Corp (a TPG Inc unit), and Mphasis. The terms of the transaction were not publicly disclosed, but the deal has been estimated at 56 billion Indian rupees (approximately $646 million).

Broader strategy to support AI infrastructure

Through these targeted investments, ADIA continues to position itself at the intersection of AI, infrastructure, and digital transformation. The fund’s involvement in sectors such as data analytics, autonomous systems, and power infrastructure points t