Hub71 onboards record 21 AI startups
81% of Hub71's new startup cohort uses artificial intelligence technology
#UAE #startups - Abu Dhabi global tech ecosystem Hub71 has welcomed 21 AI-driven startups in its latest cohort, or 81% of the 26 companies selected for Cohort 17. The AI-focused startups collectively have raised over $223 million (AED 818m) so far, marking the highest funding total in Hub71's history. The startups from 12 countries including the US, UK, Singapore and India tackle challenges across healthcare, finance, energy and climate technology sectors.
SO WHAT? - The new cohort is Hub71's most AI-intensive to-date, demonstrating the growing global reputation of Abu Dhabi's AI ecosystem and the Hub71+ AI programme, which is backed by AI71, Core42, AWS and Google for Startups. The significant funding levels and international diversity of AI startups demonstrate Hub71’s increasing ability to attract top tier startups. The Abu Dhabi ecosystem seeks founders planning to scale AI solutions across critical sectors.
Here are some key facts about the new Hub71 cohort:
Hub71 has welcomed 26 high-growth startups to its 17th Cohort. The cohort includes 21 AI-driven startups, representing 81%. The startups were chosen from over 2,000 global applications, with collective funding exceeding $223 million (AED 818m) across healthcare, finance and climate sectors.
Here are the 21 AI startups from Hub71's Cohort 17:
Banxx - AI-powered financial life management app. Funding amount not disclosed.
eVoost AI - Real estate intelligence and planning engine. Funding amount not disclosed.
Harmonic Discovery - AI precision therapy design platform. $8.5 million funding to-date.
HealthStay.io - Medical patient management AI software. Funding amount not disclosed.
Monit - AI-powered industrial IoT monitoring solutions. Funding amount not disclosed.
Orbii - AI credit intelligence lending platform. Funding amount not disclosed.
PayTic - AI compliance and payment automation. Funding amount not disclosed.
Planys Technologies - AI-driven underwater robotics inspection systems. $7.2 million funding to-date.
Professional.me - AI talent intelligence workforce platform. Funding amount not disclosed.
Wrtn Technologies - Consumer AI companion chat applications. Funding amount not disclosed.
ZenAdmin.ai - Comprehensive AI-powered IT platform. Funding amount not disclosed.
Mitico - AI carbon capture technology solutions. Funding amount not disclosed.
Sager - AI-powered digital twin monitoring platform. Funding amount not disclosed.
SNAPP - AI-assisted compact aquatic monitoring drones. Funding amount not disclosed.
Merkle Science - AI blockchain analytics and compliance. $27 million funding to-date.
Reno - AI renovation project management platform. Funding amount not disclosed.
Ukama - AI-enabled cellular network infrastructure. Funding amount not disclosed.
Lypid - AI-developed plant-based fat technology. Funding amount not disclosed.
P1 Energy - AI-optimized synthetic fuel production platform. Funding amount not disclosed.
SolarisKit - AI-designed solar thermal collector systems. Funding amount not disclosed.
HIFI - AI-powered programmable money infrastructure. Funding amount not disclosed.
The AI cohort benefits from Hub71+ AI ecosystem partnerships with AI71, Core42, AWS and Google for Startups. designed to accelerate cross-sector AI breakthroughs and commercial applications.
All AI startups will receive up to AED 500,000 ($136k) in incentives through Hub71's Access programme, with top performers eligible for additional AED 1 million follow-on support after completing one year.
ZOOM OUT - Hub71 launched its specialised Hub71+ AI platform in December 2024, anchored by Core42 and AI71 with support from AWS, Google for Startups, Nvidia and Mohamed Bin Zayed University of Artificial Intelligence (MBZUAI). The initiative emerged as AI companies in Abu Dhabi grew at 67% compound annual growth rate between 2021-2023, with one AI company established every two days in early 2024. Hub71+ AI provides startups with cloud credits, R&D support and access to Falcon large language models, cementing Abu Dhabi's position as a regional AI innovation hub.
[Written and edited with the assistance of AI]
Read more about AI startups at Hub17:
Abu Dhabi Hub71 attracts 13 AI-powered startups (Middle East AI News)
Abu Dhabi unveils Hub71+ AI to boost AI startups (Middle East AI News)