Das Nobel, founder and CEO of the MTX group [Composite image; Sources: MTX, DI Studio]
MTX Group, a Frisco-based digital technology consulting firm, has launched MTX Ventures, a new investment arm focused on supporting early- and mid-stage companies in the field of enterprise artificial intelligence.
With this new fund, the company plans to expand its role in the enterprise AI market by investing in startups aligned with its work in the public and private sectors. MTX said the initiative is part of a long-term strategy to support emerging technologies that drive operational impact and broader social outcomes.
In an announcement, MTX Group founder and CEO Das Nobel said the venture capital arm reflects the company’s focus on technologies that serve both business and society.
“MTX Ventures is powering the next generation of AI-native technology companies driving digital transformation and social impact,” Nobel said.
He added that MTX’s broader mission has always been focused on improving “happiness, health and the economy.” With the launch of its venture capital arm, the company is expanding its scope by investing in what Nobel called “native, purpose-driven AI technology that makes a difference.”
The fund will target three areas of innovation: purely specialized AI products that improve business efficiency and decision-making; AI-enhanced technologies that create measurable business outcomes; and cybersecurity tools that build trust and compliance for large-scale adoption by governments and businesses.
In a post on LinkedIn, Nobel said MTX Ventures aims to help founders turn game-changing ideas into real-world impact by providing strategic capital, access to the company and operational support.
The MTX CEO said the investment arm is designed to identify technologies and business models that match the company’s expertise.
Portfolio companies will be able to leverage MTX Group’s customer relationships, operational infrastructure and internal talent, the company said. This includes direct presentations to public sector executives, co-selling opportunities alongside MTX customer projects, guidance from company executives on scaling and compliance, and access to global teams in cloud, engineering, and data science.
“MTX Ventures is more than an investment platform: it’s a partnership built on trust, access and a shared vision,” Nate Shilling, MTX Group’s chief strategy officer, said in a statement. He said the company helps founders create the next generation of AI solutions for business and the public sector “faster, smarter and with greater impact.”
According to the company, MTX Ventures will operate as a wholly owned subsidiary of MTX Group and represents what the company calls a long-term commitment to innovation, collaboration and social impact in the global AI ecosystem.
MTX Group said it serves public and private sector clients around the world, providing consulting services aimed at modernizing organizations through digital transformation.
Quincy Preston contributed to this report.
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