Imad Ventures, the Corporate Venture Capital (CVC) arm of Nesma & Partners, is dedicated to long-term investments in transformative, early-stage construction technologies that enhance productivity, sustainability, and innovation. The initiative is focused on addressing challenges that cannot be solved using traditional methods in construction. Focusing on high-impact areas, including technologies that represent the future of construction and operational practices, Imad Ventures supports the development of a more efficient and sustainable built environment.
Neuron Factory, Inc., is a company founded by technology leaders from Microsoft and Waymo, and brings together broad domain expertise, ranging from large-scale AI systems and model training to data center construction. The company’s AI-powered preconstruction platform – designed to streamline workflows, augment teams, and boost productivity across complex large scale construction projects –has already been deployed in production with some of the world’s largest and most innovative construction and building technology companies.
The DWF team was led by Dhruv Chhatralia BEM (corporate partner and head of Venture Capital). Natasha Allen (corporate partner) and Trevor Mullin (associate) at Foley advised on the USA law aspects of the transaction.
Tatiana Gholmie, managing director of Imad Ventures, said: “DWF has consistently demonstrated a high level of professionalism, responsiveness, and attention to detail throughout the process. Their ability to navigate complex transactions efficiently, while maintaining clear communication and strong execution standards, has been instrumental. They have supported us across multiple transactions and continue to deliver reliably and on time.”
Dhruv Chhatralia BEM, partner and head of venture capital at DWF said: “This transaction represents a bold step in redefining the future of intelligent construction. It was a privilege to work alongside Imad Ventures and Nesma & Partners as they drive innovation across global markets. We are excited to continue supporting their journey as they unlock new opportunities in advanced construction technologies”.
Natasha Allen, co-chair for Artificial Intelligence at Foley, said: “We are pleased to have supported Imad Ventures in its strategic investment in Neuron Factory, Inc. We are confident that Imad Ventures' investment reflects a shared conviction in the transformative potential of Neuron Factory's technology and team. We look forward to continuing our advisory role with Imad Ventures as it builds on this investment and deepens its presence in the construction technology space”.
This transaction reinforces DWF’s position at the forefront of corporate venture capital (CVC) advisory across diverse industries. With a team of 70 venture capital lawyers spanning 9 UK offices, DWF’s UK Venture Capital practice ranks among the largest of any law firm in the country. As a trusted legal advisor to leading investors and innovators, DWF continues to play a pivotal role in shaping global financial and technology-driven ventures.
