Tag "Hub71"

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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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

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These 3 Abu Dhabi Startup Investors Made Big Bets on Fintech

The year has seen a flurry of activity across the tech landscape in the Middle East, but especially so for fintech. Startup investors, both private and government-backed, have flocked to this sector in the UAE, just like they have across

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Abu Dhabi’s Fintechs Joining This New Tech Hub Could Get a Cut from AED535 Mil Fund

The Abu Dhabi Executive Office just launched Hub71—a tech ecosystem bringing together the world’s tech investors and companies to achieve the Emirate’s goal of cultivating a vibrant tech startup system. The hub was designed for the government of Abu Dhabi’s

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