Investment Strategy
The best returns are
made before the IPO.
~2×
Pre-IPO entry has historically delivered upwards of 2x the returns of buying at IPO.
A structural advantage in the private markets.
Top technology companies are staying private longer — building more value, reaching greater scale and commanding higher valuations before they ever list publicly. For investors, this creates an asymmetric opportunity: lower risk than early-stage venture, with meaningfully stronger returns than public market entry.
We focus exclusively on this window — acquiring stakes in leading, difficult-to-access technology companies at the late stage, where the strongest risk-adjusted returns are generated.
Focus Areas
Five frontier sectors
01
AI — Infrastructure, Models & Apps
From foundation models to enterprise deployment — across the full AI stack where capability converts to value.
OpenAI
Lambda
AMI Labs
Intercom
02
Robotics &
Physical AI
Physical AI
Intelligence is leaving the data centre. We back the companies building autonomous systems for the physical world.
Field AI
Armada
03
Space & Frontier Infrastructure
The commercialisation of space is accelerating. We invest in companies building the next layer of physical infrastructure.
SpaceX
Voyager
04
Defence & Autonomous Systems
Allied defence is shifting to software-defined, autonomous capability. We invest in companies re-architecting how nations operate.
Anduril
Palantir
Harmattan
05
Digital Finance & Platforms
Embedded finance and digital assets are re-wiring global commerce. We invest in scaled platforms winning at the infrastructure layer.
Revolut
Plaid
Kraken
Our Edge
Our edge lies in spotting and backing the next generation of disruptors through rigorous vetting and local expertise.
MENA Network
SWFs & Large Allocator Access
Direct relationships with sovereign wealth funds and large allocators across the Gulf.
Strategic Regional Partners
Family offices, regional conglomerates and telcos to accelerate revenue for portfolio companies entering the region.
Market Expansion Expertise
On-the-ground capability to validate product-market fit — regulatory, cultural, go-to-market.
MENA
Network
Network
US Tech
Ecosystem
Ecosystem
US Tech Ecosystem
Silicon Valley Insights
Ongoing dialogue with top-tier VCs, hyperscalers and founders — tracking emerging themes and gaining early nomination in high-conviction deals.
Direct & Deep Relationships
Direct, long-standing relationships with founders and leading growth funds, positioning KHK as their preferred MENA partner.
Rigorous Diligence Expertise
Deep tech diligence and model stress-testing through our experienced investment committee and external expert network.