Tag "Hub71"
25 Startups From 11 Countries Join Hub71 Accelerator Program
Hub71, Abu Dhabi’s global tech ecosystem, has welcomed 25 new startups as part of its latest cohort. The selected startups will enter Hub71’s ‘Access’ program, and specialist ecosystems Hub71+ Digital Assets and Hub71+ ClimateTech, bringing the total number of startups
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Venture Debt Fund Stride Supports Hub71
Hub71, Abu Dhabi’s global tech ecosystem, and Stride Ventures, a venture debt fund, have partnered to support startups in Abu Dhabi. Through this partnership, Hub71 will leverage Stride Ventures’ expertise, to provide startups with access to capital and mentorship opportunities
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Hub71 and Seoul Join Forces to Boost Startups
Hub71 has signed a strategic cross-border partnership with the Seoul Metropolitan Government, to support the international growth and commercial activities of tech startups in the UAE and South Korea. The strategic partnership is based on mutual support and collaboration, which
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HUB71+Digital Assets Launched With More Than $2 Billion in Funding Available
Hub71, Abu Dhabi’s global tech ecosystem, announced the launch of Hub71+ Digital Assets, a dedicated Web3 specialist ecosystem, with more than $2 billion of capital committed to fund Web3 startups and blockchain technologies from the UAE’s capital. Hub71+ is a
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Baraka Raises US$20M Series A Led by Peter Thiel’s Valar Ventures
Dubai-based trading app baraka has closed a US$20 million Series A round led by Peter Thiel’s Valar Ventures, with participation from investment advisory firm Knollwood. The company says that the funding will be used for regional licensing and expansion, as
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Israel’s OurCrowd Launches AI Hub at ADGM’s Hub 71 With ADIO
Israeli venture investing platform OurCrowd announced plans to invest US$60 million in its Abu Dhabi operations with a new office and AI tech hub, enabled by the Abu Dhabi Investment Office (ADIO). The two new initiatives, which were announced during
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Pyypl Raises US$20M Series B Investment To Expand in MENA
UAE digital wallet startup Pyypl has closed a US$20 million Series B funding round from a group of new and existing investors, and says that it is considering opening a second tranche for further investment. Founded in 2017, Pyypl is
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Hub71, GetFundedAfrica to Help Startups with Expansion Plans and Raise Funds
Abu Dhabi’s tech hub Hub71 has partnered with Nigerian platform GetFundedAfrica, a marketplace that matches startups seeking funding with investors, corporations and government. The partnership aims to provide a soft landing for Hub71 startups looking to expand into Africa, and
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Abu Dhabi Accelerator Hub71 Selects 6 Fintechs for Its Latest Cohort
Hub71, Abu Dhabi’s global tech ecosystem, has selected six fintechs to be a part of its latest cohort of tech startups from a large number of applicants worldwide that chose to setup and scale from the UAE’s capital. For the
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MENA’s Teen Neobank Zywa Raises US$3 Million Seed Round
Zywa, a teen-focused fintech startup aiming to re-imagine banking for Gen Z in the Middle East and North Africa, has announced a seed funding round of $3 million. Investors who participated in the round include Goodwater Capital (the largest consumer
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