AUM Ventures

AUM Ventures is a venture capital firm established in 2022 and based in Abu Dhabi, United Arab Emirates. The firm focuses on investing in early and pre-growth stage companies, specifically targeting entrepreneurs in the creative technology and tech-enabled sectors, as well as those with consumer-oriented business models. By providing financial backing and strategic support, AUM Ventures aims to foster innovation and growth within these industries, contributing to the development of the entrepreneurial ecosystem in the region.

Chetan Mehta

Founding Partner

9 past transactions

Swirepay

Seed Round in 2025
Swirepay is a global payments platform that offers a comprehensive suite of services aimed at streamlining financial operations for businesses. It specializes in payments, invoicing, and lending, allowing companies to automate bookkeeping processes and enhance cash flow management. The platform facilitates both online and offline payment acceptance, enabling businesses to support various payment methods, including card payments, digital wallets, and wire transfers. Additionally, Swirepay provides access to working capital for small and medium-sized enterprises through a marketplace of lenders, leveraging purchase orders and invoices from established enterprise buyers. This integrated approach helps businesses optimize their financial transactions and improve overall efficiency.

Azimuth AI

Venture Round in 2024
Azimuth AI is an embedded silicon product company specializing in the design and manufacture of application-specific integrated circuits (ASICs) tailored for edge computing applications. The company focuses on providing highly differentiated semiconductor solutions that are both environmentally sustainable and efficient. By developing innovative silicon-based products, Azimuth AI aims to deliver affordable alternatives for traditional conductors, thereby enhancing performance and reducing costs for users in various sectors.

Zime.ai

Seed Round in 2024
Zime is a sales coach who helps drive best practices adoption using behavioral science and AI. It stitches a company’s tribal knowledge and coach reps on it with just-in-time actions.

Llumo

Seed Round in 2024
Llumo AI is a generative AI company focused on optimizing large language models (LLMs) for organizations. It has developed an analytics platform that transforms basic customer prompts into more sophisticated queries. This platform simplifies the intricate process of experimenting with prompts across various LLM providers and models, allowing users to effectively track and refine critical parameters such as confidence, context, clarity, and cost while deploying LLMs in production. Through its innovative solutions, Llumo AI aims to enhance the efficiency and effectiveness of LLM utilization for its clients.

NewMe

Series A in 2024
NewMe is a real-time fashion e-commerce platform that specializes in offering a diverse range of trendy apparel. Catering primarily to Generation Z, the company empowers young individuals to express their unique identities through affordable and accessible fashion choices. NewMe distributes its clothing brand through both online and offline channels, ensuring a wide reach for its stylish offerings. The platform features a variety of fashion influences, including streetwear and runway trends, allowing users to stay current with the latest styles. By focusing on individuality and diversity, NewMe aims to create a shopping experience that resonates with the aspirations of its target audience.

Azimuth AI

Seed Round in 2024
Azimuth AI is an embedded silicon product company specializing in the design and manufacture of application-specific integrated circuits (ASICs) tailored for edge computing applications. The company focuses on providing highly differentiated semiconductor solutions that are both environmentally sustainable and efficient. By developing innovative silicon-based products, Azimuth AI aims to deliver affordable alternatives for traditional conductors, thereby enhancing performance and reducing costs for users in various sectors.

NewMe

Seed Round in 2024
NewMe is a real-time fashion e-commerce platform that specializes in offering a diverse range of trendy apparel. Catering primarily to Generation Z, the company empowers young individuals to express their unique identities through affordable and accessible fashion choices. NewMe distributes its clothing brand through both online and offline channels, ensuring a wide reach for its stylish offerings. The platform features a variety of fashion influences, including streetwear and runway trends, allowing users to stay current with the latest styles. By focusing on individuality and diversity, NewMe aims to create a shopping experience that resonates with the aspirations of its target audience.

NewMe

Seed Round in 2022
NewMe is a real-time fashion e-commerce platform that specializes in offering a diverse range of trendy apparel. Catering primarily to Generation Z, the company empowers young individuals to express their unique identities through affordable and accessible fashion choices. NewMe distributes its clothing brand through both online and offline channels, ensuring a wide reach for its stylish offerings. The platform features a variety of fashion influences, including streetwear and runway trends, allowing users to stay current with the latest styles. By focusing on individuality and diversity, NewMe aims to create a shopping experience that resonates with the aspirations of its target audience.

GlobalFair

Series A in 2022
GlobalFair is a B2B technology platform that specializes in the procurement of building materials such as countertops, cabinets, natural stones, tiles, and vinyl flooring. The platform streamlines the sourcing process by connecting businesses globally with quality products at competitive prices. It offers comprehensive services that include sourcing, organized production, price negotiation, quality inspection, and technical evaluation. Additionally, GlobalFair facilitates cost-effective shipping and ensures timely delivery, making inter-country sourcing as simple and reliable as domestic trade. Users can conveniently place orders and track deliveries in real-time, all from a single, user-friendly interface.
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