Tag "Hub71"

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

Read More

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

Read More

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

Read More

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

Read More

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

Read More

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

Read More

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

Read More

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

Read More

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

Read More

Abu Dhabi Accelerator Hub71 Accepts 7 Fintech Startups for Its New Cohort

Hub71, Abu Dhabi’s global tech ecosystem, has accepted 7 fintech startups to join its growing community as part of accelerating the Emirate’s position as an innovation hub. The cohort which comprises a total of 16 startups, which has already raised

Read More