Hub71

Corporate VC Abu Dhabi, United Arab Emirates ·Founded 2019

Overview

Hub71 is a global tech ecosystem based in Abu Dhabi, United Arab Emirates, established in 2019. It serves as a vibrant community for startups, investors, and business enablers, aiming to empower founders to build globally enduring tech companies. The ecosystem is strategically located in the Abu Dhabi Global Market (ADGM) on Al Maryah Island, providing a conducive environment for innovation and growth. Backed by the Abu Dhabi Department of Economic Development and Mubadala Investment Company, Hub71 offers a range of programs and incentives to support startups at various stages of development. The ecosystem connects high-growth startups with investors, industry-leading corporations, government partners, and enablers, facilitating access to capital, commercial opportunities, and a network of partners. Hub71's programs, such as the Access Program, provide startups with in-kind and cash incentives, mentorship, and a route into the UAE capital's marketplace. Additionally, specialized ecosystems like Hub71+ Digital Assets, Hub71+ ClimateTech, and Hub71+ AI cater to startups in specific sectors, offering tailored support packages and access to Abu Dhabi's marketplace. As of June 2023, Hub71 has grown to encompass over 260 startups spanning 24 sectors. The ecosystem has attracted a diverse range of startups, including those in fintech, healthtech, cleantech, and more. Through strategic partnerships and a supportive environment, Hub71 continues to contribute to the development of a resilient and diversified economy, positioning Abu Dhabi as a leading global tech hub.

Investment Focus

  • Innovative technology solutions
  • Scalable business models
  • Strong founding teams
  • Alignment with Hub71's strategic goals

Portfolio Companies

Alma HealthDarDocProteineaBioSapienDawsatDoctoori ConnectDoctorsAEDOK32Fit On ClickOvasaveProvenMedTakalamTawazonToothpickWainskYour Social Smile

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Frequently asked questions about Hub71

What sectors does Hub71 invest in?

Hub71 invests in Technology, Healthcare, Energy, Real Estate, Media and Education, and is based in Abu Dhabi, United Arab Emirates. Hub71 is listed as a corporate vc in the ConnectSafely investor database.

What stage does Hub71 invest at?

Hub71 backs companies at Seed, Early Stage, Growth and Late Stage, writing cheques of 500K - 5M.

Which regions does Hub71 invest in?

Hub71 invests across United States, United Kingdom, Germany, Japan, Australia and Singapore.

What companies has Hub71 invested in?

Hub71's portfolio includes Alma Health, DarDoc, Proteinea, BioSapien, Dawsat, Doctoori Connect, DoctorsAE and DOK32.

Last updated · Source: ConnectSafely investor database