HUB71 Reports

In 2024, Hub71’s impact has been more pronounced than ever. With a community of over 300 startups, a record $2.1 billion (AED 8.02 billion) in funding secured, and $1.32 billion (AED 4.9 billion) in revenue generated, Hub71 has reinforced its role as a key driver of Abu Dhabi’s knowledge-based economy.

In 2023, Abu Dhabi’s thriving tech ecosystem welcomed 38 new startups, contributing to a remarkable valuation of AED 5.4 billion in capital raised by Hub71 startups over the past five years. The community has expanded to include 52 female founders and entrepreneurs from 54 nationalities, reflecting a diversity of ideas and perspectives that fuel innovation.

STARTUP GENOME AND THE GLOBAL ENTREPRENEURSHIP NETWORK