July 6, 2020
in5 Startups Raise AED65 Million in H1 2020
in5, a platform for startups and entrepreneurs launched by TECOM Group announced that its members have raised more than AED65 million in direct investment, through multiple funding sources during the first six months of 2020.
July 4, 2020
‘HP Innovation Garage’ Launches at Technology Startup DTEC
HP Inc. announces the launch of its first ‘HP Innovation Garage’ at Dubai Technology Entrepreneur Campus (DTEC), the technology startup campus in the MENA region, based at Dubai’s Silicon Oasis. The lab is designed to help students from universities and schools.
July 2, 2020
NY VC Modus Capital, invests in UAE-based Women-Led Tech Startup
This boost of funding will support Play:Date in their journey to further grow the app, by primarily increasing its presence in the Middle East, followed by international expansion plans. Modus Capital will actively assist Play:Date, by not only investing in them.
June 25, 2020
Hub71 teams up with UAE banks to solve banking pain points for startups
Despite UAE’s entrepreneurial drive, the delays experienced by startups were cited as due to stringent documentation processes and lengthy KYC procedures that differ from bank to bank. These are key areas that Hub71 and partners aim to help solve for startups across the UAE.
June 17, 2020
Medtech startup Gendius and AstraZeneca launched new Health Innovation Hub in GCC
As a result of this partnership, HealthGATE – an artificial intelligence (AI)-powered platform and app to support diabetic patient care in the GCC – will be launched later this year. The HealthGATE app will work as a gateway between healthcare professionals and patients, enabling collaboration for personalised care and the use of AI for better disease management.
