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Abu Dhabi’s Hub71 to have 100 startups by end of 2020
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.