The 11 startups that will reside at Hub71 in Abu Dhabi
A mere month after announcing the first four startup residents of Hub71, the financial hub in Abu Dhabi has released the 7 next startups that will soon call it home.
Hub71 is strategically located in the financial centre of the capital—Abu Dhabi Global Market Square on Al Maryah Island. It is powered by Mubadala, Microsoft as well as the Abu Dhabi Global Market, along with being backed by the Ghadan 21 program, that provides multiple benefits to the startup ecosystem through its initiatives; one of the most recent ones being an AED 535 million fund to subsidise costs for startups and incentivising VCs to invest.
“The tech hub aims to foster startup success, innovation and growth and is uniquely positioned to bring together government entities, corporations, academics and startups.”
Here we compile a list of all 11 startups that have started or will soon be operating out of Hub71:
The largest digital asset exchange platform in the Middle East, BitOasis, makes trading and using digital assets such as cryptocurrencies "easier, cheaper, and more secure."
The first-of-its-kind educational entertainment app for children in the Arab world, Lamsa has garnered more than 16 million downloads and is ranked number one on Google Play and the App Store in the ‘Family & Kids Category’ across more than ten Arab markets.
US-based Surkus is considered to be one of the most powerful experiential marketing technology platform in the world shares more on its aggressive growth plans for Asia, Africa and the Middle East.
Insurance and HR tech startup Bayzat allows individuals and companies to “compare, buy and use” health insurance; thereby automating many of the HR processes by “streamline the policy placement process.”
YACOB is a digital health nutrition management platform that helps children and parents, schools and food vendors; improve their nutrition, health engagement and meal production.
Travel tech SaaS platform SafarPass offers an all-in-one solution to manage business trips and expenses on-the-go.
A leading B2B platform for the construction industry, ProTenders helps firms connect, find new deals and manage bidding activities.
MidChains is a fintech company and a regulated digital asset trading platform uniquely positioned to service institutional and professional investors.
Another US-based company, Humanitas uses Artificial Intelligence to drive social enterprise and philanthropy using a mobile app, Dandi, that enables organisations and youths to engage and collaborate on community issues.
Another US-based blockchain and telecoms infrastructure company, Ammbrtech designs and develops decentralised hardware and software products.
an Arabic and English language Artificial Intelligence chatbot platform, Arabot understands and analyses conversation and dialogue, for business applications.
We are certain that there will be many more startups that will be joining Hub71, attracted by the efforts of Abu Dhabi government to spur the growth of its technology sector and startup ecosystem. We will be updating this list as more startups are announced.