Abu Dhabi Startup News

The latest startup news from Abu Dhabi.

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    Mubadala invests in Reef Technology in a $700M round

    05 November 2020, Abu Dhabi, United Arab Emirates: Mubadala, Abu Dhabi’s wealth fund and an Abu Dhabi VC firm, invests in a SoftBank-backed tech startup. Mubadala, with $232B under management, led a $700M round of funding in Reef Technology Inc., a technology startup that specializes in using parking lots as hubs for delivering food and other services like Covid-19 testing. Reef Technology has an ecosystem of over 4,500 locations and a team of nearly 15,000 people.
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    10 Reasons an American Startup Moved to Abu Dhabi

    Written by Mike Halvorsen, founder CompanyEgg.com Over the last several years, Abu Dhabi has become an incredible place for US-based startups to launch and scale. We moved our startup from the US to Abu Dhabi in February of 2020 to scale and grow in Abu Dhabi. Below are the top ten reasons to grow and scale your startup in Abu Dhabi. The UAE is in many ways a startup itself In less than 50 years, the country has become one of the most advanced and forward thinking countries in the entire world.
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    Emirates Angels

    To boost the UAE economy’s competitiveness, a group of young investors has launched the “Emirates Angels Investors Association” to help accelerate the growth of start-ups and facilitate investors' investment and entrepreneurship in the country. Emirates Angels Investors Association logo The Emirates Angels Investors Association has brought together some of the country’s leading young local investors to connect innovators and thought leaders with investors and bridge existing gaps. The Board members were elected in the presence of the Ministry of Community Development, where Masaood Rahma Al Masaood was chosen as Chairman, Sameh Al Qubaisi as Vice Chairman, and Ali Sajwani, Mohammed Al Nowais, Yousif Al Mulla, Mohammed Al Owais, and Tarek Al Nuaimi as Board members.
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    Calling All Abu Dhabi Venture Capital Firms

    15 October 2020, Abu Dhabi, United Arab Emirates: We are working on expanding Abu Dhabi Startups to include Venture Capital firms. If you would like to have your Venture Capital firm featured on AbuDhabiStartup.com, please send us a message on the contact form. A member of our staff will work with you to create a stunning page on AbuDhabiStartup.com free of charge. We’re going to be detailing each VC fund here in Abu Dhabi and also, when appropriate, a list of all their startup investments.
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    New Abu Dhabi “Decoded” Series To Target Global Technology Startups

    28 September 2020, Abu Dhabi, United Arab Emirates: Hub71, Abu Dhabi’s global tech ecosystem is launching a new webinar series in association with Abu Dhabi Department of Economic Development (ADDED), Abu Dhabi Global Market (ADGM), Abu Dhabi Investment Office (ADIO), and Ghadan 21. Titled “Abu Dhabi Decoded,” the webinar series marks the first time, Abu Dhabi’s leaders come together to raise awareness about Abu Dhabi’s thriving technology scene, highlighting the opportunities for expansion into the MENA region and sustainable growth from the UAE capital.

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