Hub71, Abu Dhabi’s global tech ecosystem, has welcomed 21 startups in Cohort 15, increasing the total number of ventures it supports to 243.
Following a rigorous selection process, these startups will enter Hub71’s Access program and the specialist ecosystems of Hub71+ Digital Assets and Hub71+ ClimateTech.
Collectively, the startups in Cohort 15 have raised USD 134.9 million in funding, which underlines Hub71’s success in attracting high-potential startups poised to drive technological innovation across the priority sectors of Abu Dhabi’s diversified economy.
Cohort 15 was selected from over 1228 applications, with 17 startups founded in international markets, including the USA, United Kingdom, France, and Germany.
Notable startups set to join Hub71’s Access program include UK-based Greengage that offers Web3 FinTech solutions for SME and family offices has raised USD 10 million (AED 36 million) in funding is set to join the Hub71+ Digital Assets specialist ecosystem. By joining Hub71, these startups are establishing operations in Abu Dhabi, further solidifying the UAE capital’s status as a leading global tech hub and a preferred destination for entrepreneurial growth.
Ahmad Ali Alwan, CEO of Hub71, said:
“Cohort 15 is abundant with pioneering startups that are positioned to contribute to Abu Dhabi’s innovation ecosystem. By providing the startups with access to investment opportunities and market reach, Hub71 is supporting the founders’ journey in Abu Dhabi and accelerating their transformative impact globally.”
Five startups are set to join Hub71+ Digital Assets, a specialist ecosystem focused on unleashing the growth potential of Web3 and digital assets. This increases the total number of startups in the specialist ecosystem to 22. Among the startups joining is Norway-based Gateway.fm, a distributed blockchain infrastructure that automates and provides enterprises with turnkey solutions for deploying private blockchains and infrastructure. The company has raised USD 6 million (AED 22 million).
The 5 Digital Assets Startups Are:
Chainsight is a platform aggregating on-chain and off-chain data, including Real World Assets (RWAs), to deliver comprehensive insights through time-series analysis.
easeflow is an AI enabled management tool that simplifies node setup, operation, and management for node operators in the blockchain industry.
Gateway.fm is a distributed blockchain infrastructure that solves blockchain complexities by automating and providing enterprises with turnkey solutions for deploying private blockchains and infrastructure.
Greengage is a Web3 FinTech company providing accounts and lending services to SME’s and family office clients.
Stables is a platform that offers a mobile-first digital wallet live in 130 countries, powered by stablecoins to make cross-border remittances.
