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Hub71 partners with Stride Ventures, a world-renowned venture capital fund, to drive innovation, cultivate entrepreneurship and support the development of new startups in Abu Dhabi.Through this partnership, Hub71 will leverage Stride Ventures’ expertise to provide startups with Gain access to the capital and mentoring opportunities you need to scale your business to new heights.
At the same time, Stride Ventures will become an important capital partner of Hub71, providing alternative financial solutions and support through venture debt, which complements traditional equity financing. Stride Ventures will also offer a comprehensive mentoring program to provide new startups with the guidance they need to navigate the complexities of business expansion.
Hub71 and Stride Ventures will jointly identify global startups operating across key economic sectors and establish operations in Abu Dhabi. Through a shared commitment to supporting start-up development and accelerating innovation, the partnership will aim to attract global start-up talent and cement the UAE’s position on the world stage as a premier destination for entrepreneurs and innovators.
Ahmad Ali Alwan, CEO of Hub71, said: “Our partnership with Stride Ventures is important in growing our capital ecosystem by providing resources and investment pipelines that new startups can leverage. resources and investment to expand globally. Partnering with Stride Ventures will unlock new potential in the region and is in line with our goal of placing Abu Dhabi at the forefront of global innovation and entrepreneurial growth.”
Ishpreet Gandhi, Founder and Managing Partner of Stride Ventures, added: “We are very excited about our partnership with Hub71, which is fully aligned with our mission to support high-potential new startups. The UAE’s tech ecosystem is full of potential and we are aiming to Join Hub71 in driving the growth of innovative companies and providing them with the financial resources and guidance they need.”
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