Abu Dhabi Startup News

From Hub71: Mubadala Senior Executive Hanan Harhara Al Yafei appointed as Hub71 CEO Eleven new global startups selected for Hub71’s latest Q2 2020 Cohort 21% of the startups at Hub71 are led by female leaders and there are over 33 different Founder nationalities based in the tech ecosystem 13 July 2020, Abu Dhabi, United Arab Emirates: Hub71, Abu Dhabi’s global tech ecosystem based in Abu Dhabi Global Market Square, today announced the latest startups to have been selected for the Hub71 Incentive Program’s second cohort of the year.

From The National: Mubadala Capital’s head of ventures, Ibrahim Ajami, says Mena tech fund has now made direct investments in two companies and five venture funds. Hub71, Abu Dhabi’s new tech hub, is expected to have 100 start up firms by the end of 2020, according to its acting chief executive. There are currently 39 firms operating out of Hub71, which is backed by Mubadala, SoftBank Vision Fund, Microsoft and Abu Dhabi Global Market.