Hub71, Abu Dhabi’s global tech ecosystem, has welcomed 27 startups into its Cohort 16 across three programs: Access, Hub71+ ClimateTech, and Hub71+ Digital Assets. These startups, raising over $145 million collectively, are set to drive growth in sectors like FinTech, HealthTech, ClimateTech, and Digital Assets, diversifying Abu Dhabi’s economy.
Among the notable startups in the cohort is Vivan Therapeutics, a UK-based cancer research company, and Redbrick, a South Korean startup specializing in AI-driven cloud-based game creation. Additionally, homegrown startups such as Qashio, a financial management platform, and Switch Foods, a sustainable plant-based food company, are also joining Hub71’s programs.
The cohort, selected from over 1,300 applications, includes 63% of startups based outside the UAE, with major contributors from global tech hubs like the USA, UK, and Germany. Hub71’s initiative reflects Abu Dhabi’s growing position as a technology hub, providing startups with access to mentorship, capital, and resources to scale and succeed.
Ahmad Ali Alwan, CEO of Hub71, highlighted the competitive nature of the selection process and reaffirmed Hub71’s role in fostering innovation. The startups will benefit from the comprehensive support ecosystem Hub71 offers, contributing to the growth of Abu Dhabi’s tech industry.
Hub71 continues to attract high-potential companies, aligning with its mission to build globally enduring tech companies while strengthening the UAE’s economic development and digital transformation.
