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Hub71 selects 16 new startups and supports community with funding 7 hours ago Hub71 attracted more than 100 startups in under two years. Hub71, Abu Dhabi’s global tech ecosystem, announced its first cohort of 2021, selecting 16 tech startups from 11 countries and seven sectors out of 150 applicants to join its vibrant community. The number of successful applications reflect a 11 per cent success rate that led to Hub71 selecting its first startups from India, Saudi Arabia, Turkey, Mauritius and South Africa, in addition to its first SpaceTech startup, following the pioneering Emirates Mars Mission and recent selection of the UAE’s first female astronaut. Hub71 selected startups have collectively raised more than Dhs274 million ($75 million) in funding from globally renowned institutions including Goldman Sachs and Saudi Aramco Entrepreneurship, and world leading investors Y Combinator, Draper Associates, 500 Startups, Plug and P ....
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Hub71 signs new tie-ups to drive tech talent ABU DHABI, January 31, 2021 Hub 71, Abu Dhabi’s global tech ecosystem, has partnered with the UAE University’s Science and Innovation Park (UAEU SIP) and Insead Middle East Campus-to upskill talent in Abu Dhabi and attract new science and tech capabilities. Abu Dhabi’s embrace of technology and innovation largely consists of upskilling its local talent and attracting top talent from around the world to keep pace with its digital transformation. In a 2020 survey by PwC of CEOs in the Middle East, 70% said the availability of key digital skills is a business threat and its GCC Hopes and Fears survey found that only 23% of employees are learning new skills through their employer to better understand or use technology. ....