Abu Dhabi has earned its reputation as one of the world’s leading cities for innovation and entrepreneurship, supported by a perfect environment that provides start-ups to grow, scale, and expand into international markets.
At the heart of this ecosystem is Hub71, which plays a major role in strengthening Abu Dhabi’s position as a global hub for business and modern technology.
The community currently hosts 300 startups, which have collectively raised AED9bn ($2.45bn) in funding and generated AED5BN ($1.36BN) in revenue for the Emirate’s digital economy and its growing influence as a regional financial leader.
Global expansion
Ahmad Ali Alwan, Chief Executive Officer of HUB71 said that Abu Dhabi’s Technology ecosystem is dynamic by expanding internationally with new initiatives and partnerships designed to develop the first global presence.
He explained that recent expansions include Hong Kong, where HUB71 has launched its first merger program and new strategic partnerships that strengthen the startup’s growth paths.
These efforts form part of Abu Dhabi’s broader efforts to open new markets and position the Emirate as a landratepad for global innovation.
Alwan said the ecosystem focuses on emerging industries such as artificial intelligence, climate technology, and digital goods, alongside the Hub71 + Life Sciences Cluster.
These sectors, he added, face great global demand and present great opportunities for documented growth that aims to create global success stories from Abu Dhabi.
Abu Dhabi Startps
A few stand-up success stories have emerged from Hub71’s growing community of founders:
- Aurem: Abu Dhabi-based Aurem has developed advanced solutions for the financial services sector and recently raised $7m in total. The company’s AI-driven product, Workflow Builder, enables institutions to create financial information and workflows in hours or days – a process that takes months
- Vivan Therapeutics: In Biotechnology, The Vivan Therapeutics, founded by Laura Towart, has raised £4.6m in capital and £3.7m in global deals. The company is establishing new laboratories in Abu Dhabi in collaboration with local medical centers to use its technology for new cancer patients. Tabrart explained that Vivan’s platform analyzes fingerprints to find the best combination of treatments for each patient, resulting in more accurate, less toxic, and more effective treatments. He has proven Abu Dhabi’s dynamic mobile environment to support the rapid deployment of cutting edge biotech solutions
Success of HUB71
- Mansa: Fintech Startup Mansa, founded by Abhinav Mehta, has raised $10 million from global investors and processed over $250m in sales for its digital timity solutions. The company partners with many payment companies across and beyond the UAE and benefits from the HUB71 network in building links between the public and private sectors. Mehta said Abu Dhabi’s strong financial infrastructure and business-friendly environment make it an ideal location for Fintech expansion.
- MONI: Industrial Technology Firm Monit, founded by Mustafa Jafri, moved from Pakistan to Abu Dhabi through HUB71 Access to Gulf markets including UAE, Saudi Arabia, and Oman. The company has generated $3M in revenue and is looking for another $3 million in capital to set up an assembly line in Abu Dhabi to build and ship its devices across the region. Jafri said that AI and IOT technologies are designed to prevent accidents and save lives in hazardous areas such as oil, gas, and mining, to improve safety standards and work performance.
Abu Dhabi Innovation
HUB71 continues the transformation of the anchor abu Dhabi is a global center for business, technology and investment, supporting the goals of economic diversification of the wider economy under the economic vision of Abu Dhabi.
With continued expansion into high-growth sectors and new international markets, the new Abu Dhabi Ecosystem is positioning itself as the destination for innovative innovators and investors looking for sustainable, technology-led growth.
