OpenWorld Announces Term Sheet for Up to $130 Million IP-Backed Transaction with BeyondAI
Business Wire•07/10/2026•08:30 ET
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Key Highlights
- ➤OpenWorld announces non-binding term sheet for transaction of up to $130 million
- ➤BeyondAI IP-backed tokens would provide investors rights to eligible technology payments
- ➤BeyondAI would retain control of its technology under the proposed financing structure
- ➤Transaction remains subject to definitive agreements, conditions, and closing
Expert Statements
Matthew Shaw, CEO and Chairman of OpenWorld
“Intellectual property is one of the largest and least financed asset classes held by technology companies.”
Matthew Shaw, CEO and Chairman of OpenWorld
“This proposed transaction demonstrates how OpenWorld can turn high-quality IP, such as patents and software rights, into financeable, well-governed collateral.”
Matthew Shaw, CEO and Chairman of OpenWorld
“BeyondAI would retain control of its technology, and investors would receive a transparent, on-chain structure with institutional safeguards.”
AJ Abdallat, Founder and Chief Executive Officer of BeyondAI
“Our intellectual property is the foundation for the AI solutions that BeyondAI brings into complex industrial environments.”
AJ Abdallat, Founder and Chief Executive Officer of BeyondAI
“This transaction unlocks financing that preserves flexibility to serve our customers, develop new solutions, and support our next stage of growth.”
Ionel Nechiti, Board observer representing Aramco Ventures
“The tokenization is a strategic and creative financing structure designed to provide growth capital to unlock acceleration of the revenue generation engine across the business’s global AI frontier market.”
OpenWorld Announces Term Sheet for Up to $130 Million IP-Backed Transaction with BeyondAI
OpenWorld’s platform would structure transaction backed by eligible patents and software rights for BeyondAI.
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