## NWTN Secures Major Investment from Leading UAE Fund in Drive Toward National Vision 2031

A major investment milestone has unfolded in the UAE technology sector as NWTN Inc., the Nasdaq-listed company headquartered in Dubai, sealed a partnership with Medad Holding's subsidiary SEET LLC. The $100 million capital injection represents a significant step in NWTN's evolution within the smart technology landscape, positioning the company at the intersection of emerging industry trends and the UAE's forward-looking economic roadmap.

### The Partnership Framework and Capital Commitment

Under the terms of the agreement, SEET will acquire newly issued shares in NWTN, establishing itself as the company's primary shareholder. Beyond the direct investment, the two entities will collaborate across multiple strategic domains—from urban mobility systems to artificial intelligence applications, renewable energy solutions, and distributed ledger technology implementations.

The investment carries particular relevance given its alignment with "We the UAE 2031," the nation's recently unveiled development strategy. This framework emphasizes positioning the Emirates as a global digital economy hub while reinforcing its standing in energy sector leadership. NWTN's portfolio of capabilities—spanning intelligent transportation, advanced manufacturing processes, and blockchain infrastructure—maps directly onto these national priorities.

### Strategic Rationale and Market Positioning

The collaboration signals confidence in NWTN's competitive advantages within the region. Mohammed Alshaiba Almazrouei, Chief Operating Officer of Medad Holding, emphasized the group's commitment to market-driven innovation: "Our partnership with NWTN represents more than capital deployment—it reflects a shared vision of building technology solutions that address contemporary economic challenges. Within our broader investment portfolio, NWTN brings distinctive capabilities that complement our other holdings while contributing to UAE's technological sovereignty."

For NWTN's leadership, the arrangement reinforces the company's trajectory. Benjamin Zhai, serving as Chief Executive, noted the synergistic potential: "This collaboration unlocks substantial opportunities for our smart manufacturing operations and access to international technical expertise. Combined with Dubai's D33 economic framework and our position within the Forward Economy sector, we are positioned to drive meaningful impact across multiple industries and geographies."

### Institutional Background

Medad Holding operates as one of the UAE's prominent investment vehicles, established with a mandate centered on driving innovation-led transformation and environmental sustainability. The organization pursues a strategy of identifying enterprises with disruptive potential that generate cross-portfolio value creation. SEET LLC channels these investments into projects demonstrating strategic synergy across Medad's diverse holdings.

NWTN itself operates as a globally-oriented intelligence technology enterprise with headquarters in Dubai. The company's operational focus encompasses smart mobility infrastructure, intelligent manufacturing systems, and smart contract applications. Through integrated ecosystem platforms, NWTN extends its technological reach across MENA markets, Southern Europe, and additional geographies, with emphasis on sustainability-driven advancement.

### Forward Outlook

This investment underscores the UAE's continued emergence as a destination for strategic technology capital and innovation-focused enterprises. As national development initiatives increasingly emphasize digital transformation and next-generation sector development, partnerships of this scale demonstrate market confidence in locally-based companies capable of operating at global competitive standards.