What is Hub71?
Hub71, named after the UAE's formation year, is a dynamic tech ecosystem strategically positioned in Abu Dhabi. It is designed to accelerate startup success by providing critical access to capital, market opportunities, and a supportive business environment. As a flagship initiative of the Dh50 billion Ghadan 21 economic accelerator program, Hub71 is backed by Mubadala Investment Company and is cultivating a thriving international tech community. This community includes tech giants, venture capitalists, ecosystem players, and global startups, all benefiting from an interconnected global network. Strategic partners such as Microsoft, SoftBank Vision Fund, and Abu Dhabi Global Market collaborate with Hub71 to create an optimal setting for transformative tech companies aiming for global scale and outstanding innovation.
How much funding has Hub71 raised?
Hub71 has raised a total of $1.9B across 1 funding round:
Other Financing Round
$1.9B
Other Financing Round (2024): $1.9B, investors not publicly disclosed
What's next for Hub71?
The recent major strategic investment into Hub71 signals a strong commitment to its mission of driving technological advancement and economic growth in Abu Dhabi. This backing is expected to further enhance its capabilities in attracting and nurturing high-potential startups, expanding its global network, and fostering groundbreaking innovations. Hub71's focus on providing comprehensive support, from capital access to market entry, positions it as a key player in the region's burgeoning tech landscape, poised for continued expansion and impact.
See full Hub71 company page
