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Hub71 Launches Exclusive Capital Club In Abu Dhabi

The global tech ecosystem’s new venture will help family offices to access technology and startup investments in the region.

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hub71 launches exclusive capital club in abu dhabi
Hub71

Abu Dhabi’s tech ecosystem, Hub71, has just launched a new platform called Tech Barza, an exclusive capital club dedicated to increasing investment in technology companies and startups in the region.

The platform targets regional family offices for exclusive entry to Hub71’s community of nearly 200 startups, with an aim to accelerate funding. In 2021, $2.6 billion was generated across the MENA region for startup-related projects, representing a massive 138% improvement from the previous year. Tech Barza will help to continue this trend, helping startups and tech innovators to hook up with investors and get products to market faster.

The inaugural meetup of Tech Barza included leading family offices at Hub71, which is based in the international financial center Abu Dhabi Global Market (ADGM). Members of the exclusive club will gain access to pitch days, investor networks, and other business events, with many led by Hub71’s partner Mubadala Investment Company.

Also Read: 10 Best VPN Services For The Middle East (Free & Paid)

“The private sector has a key role in shaping the next 50 years of our nation, and family offices are, without a doubt, the heartbeat of the economy. With the launch of Tech Barza, we will not just support the economic growth of the region, but we will also bring diversity and inclusivity to family offices, removing the misconception of crowding out, and reinforcing the mission of knowledge sharing,” says Badr Al-Olama, Acting Chief Executive Officer of Hub71.

Since the launch of Hub71 in 2019, the global tech ecosystem has channeled AED 3.2 billion into the startup community and secured funding to grow several sustainable ventures which will positively impact the UAE’s capital.

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Are You Ready For This Year’s GITEX Shopper Event?

We’re excited to be media partners of this year’s GITEX Shopper event, an extravaganza bringing together all the big names and retailers in electronics.

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are you ready for this year's gitex shopper event

GITEX Shopper, the giant 5-day electronics extravaganza, is getting ready to open its doors to the public between December 14 and 18 at the Dubai World Trade Center.

The expo brings together all of the top electronic brands and retailers and features huge discounts on all the best tech, plus prize draws, new product launches, interactive displays and much more.

Visitors to GITEX Shopper will be able to grab all of the latest products at the best prices, from gaming consoles and speakers to drones, TV sets, and even e-scooters. This 5-day shopping extravaganza offers exclusive discounts on selected items that can’t be found elsewhere, and there are plenty of shows and demonstrations at the expo to keep the whole family entertained.

To join over 100,000 people at this year’s GITEX Shopper and grab some of 2022’s biggest bargains, head over to the official website to register your interest.

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