News

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.

Published

2 years ago

October 28, 2022

Nour Nasir

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.

News

HiFuture Wraps Up Successful GITEX GLOBAL 2024 Appearance

The electronics company wowed audiences at the world’s largest tech event with a range of wearable and smart audio devices.

Published

1 day ago

October 21, 2024

Nour Nasir

hifuture wraps up successful gitex global 2024 appearance

This year’s GITEX GLOBAL 2024 in Dubai saw a huge number of startups, electronics firms, and innovators from around the globe gather for the tech sector’s largest event of its kind. One company making waves at this year’s expo was Chinese tech group HiFuture, which showcased a range of products with a focus on wearable technology and smart audio.

At the HiFuture booth, the company captivated attendees with cutting-edge smartwatches like the ACTIVE and AURORA, along with a range of powerful wireless speakers, earbuds, and even smart rings. Visitors were eager to check out the sleek new designs on offer and even had the chance to test out some of the products themselves.

hifuture gitex global 2024 dubai

Among the highlights were smartwatches combining dual-core processors with customizable options. The devices blended style and technology, offering health monitoring capabilities, personalized watch faces, and advanced AI-driven functionalities, giving attendees a taste of the future of wearable technology.

On the audio front, HiFuture’s wireless speakers left a lasting impression, offering rich, immersive sound in compact, portable designs. These speakers cater to both intimate gatherings and larger celebrations, offering versatility for users. Meanwhile, the company also showed off its Syntra AI technology, which it claims “revolutionizes health and fitness tracking by combining advanced optical sensors with intelligent algorithms for precise, real-time insights”.

Also Read: How (And Why) To Start A Tech Business In Dubai

The presence of HiFuture’s leadership team at GITEX 2024 underscored the importance of this event for the company, with CEO Levin Liu leading a team of executives, all keen to engage with attendees and offer insights into HiFuture’s vision, product development process, and future direction.

Overall, it seems that GITEX GLOBAL 2024 has been a rewarding experience for HiFuture. The enthusiasm and curiosity of attendees shown to the company’s diverse range of products was obvious, with the HiFuture team leaving on a high note and clearly excited and motivated by the event.