Hub71 has launched a new platform focused on increasing capital investment in technology companies, including startups from the region’s top family offices.
The Tech ‘Barza’ – or Majlis – is an exclusive capital club that targets regional family offices with exclusive access to Hub71’s community to accelerate trading.
The Tech Barza platform makes it easier for tech companies and startups to connect with strategic investors with significant portfolios in companies that can accelerate product-to-market and time-to-market opportunities.
Leading family offices such as Ali & Sons, Al Nowais Investments, Yas Investments, Al Tayer Group, Crescent Group, Faith Capital, The Kanoo Group, Al Fahim Group and Saif bin Darwish gathered at the Hub71 office in Abu Dhabi Global Market (ADGM) for the founding meeting for.
Family offices invited to join the exclusive capital club will gain access to offerings including pitch days, investor networking, invitations to events and business forums hosted by Hub71’s strategic partner, Mubadala Investment Company, as well as support to set up ADGM and access to its programs and VC partners.
Acting CEO of Hub71 CEO Badr Al-Olama said: “The private sector will play a key role in shaping our nation’s next 50 years, and family offices are undoubtedly the heart of the economy. With the launch of Tech Barza, we are not only supporting the economic growth of the region, but also bringing diversity and inclusion to family offices, dispelling the misconception of marginalization and strengthening the mission of knowledge sharing.
With the latest news, Hub71 launched an extensive partnership with GetFundedAfrica. It is a technology-based marketplace that suits startups, investors, corporations and government to support the growth of technology companies.
Read: Hub71 and GetFundedAfrica to support the growth of tech companies