Hub71’s Startup Ecosystem Now Boasts Over 200 Members

Hub71, Abu Dhabi’s global tech ecosystem that assists creators in tech businesses, has grown its ranks to over 200 members. After a 60% increase in applications, an additional 20 firms were chosen to join the community, helping more startups than ever to maximize opportunities for funding and other business development in the UAE’s capital.

Entrepreneurs joining Hub71 gain access to huge networking potential within the ecosystem, which has now grown into a sizable community of tech entrepreneurs and attracted the attention of leading investors, as well as corporate, governmental, and academic partners.

Startups from six different nations have been welcomed to Hub71 in this latest round of admissions, and another 11 companies have relocated to Abu Dhabi after joining the growing community. The UAE is enjoying something of a tech renaissance of late, as it draws more and more top-flight companies from around the globe.

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“This success is a testament that Abu Dhabi is becoming a destination for high-quality startups that showcase great potential and impact,” says Badr Al-Olama, acting CEO of Hub71.

Among the companies chosen to join Hub71 is 44.01, an unusually-named business that aims to reduce carbon emissions by converting CO2 into rock. Adding to the community’s green credentials is Finland’s iFarm, which develops agricultural tech solutions to support automated vertical farming, highlighting the importance of cleantech and agribusiness development in the Hub71 portfolio.