Hub71 and Stride Ventures will collaborate to identify global startups operating across sectors of economic importance, encouraging them to establish their operations in Abu Dhabi. With a shared commitment to supporting startup growth and accelerating innovation, the partnership aims to attract global startup talent and solidify the UAE's position on the world stage as the destination of choice for entrepreneurs and innovators.
Ahmad Ali Alwan, CEO of Hub71, said: "Our partnership with Stride Ventures is crucial for expanding our capital ecosystem, providing resources and access to investments that startups can leverage to scale globally. Collaborating with Stride Ventures will unlock new potential in the region, aligning with our goals to position Abu Dhabi at the forefront of global innovation and entrepreneurial growth.”
Ishpreet Gandhi, Founder and Managing Partner of Stride Ventures, commented, "We are thrilled about this collaboration with Hub71, which perfectly aligns with our mission to support high-potential startups. The UAE's tech ecosystem holds immense potential, and together with Hub71, we aim to fuel the growth of innovative companies, equipping them with the financial resources and guidance they need."
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