The ecosystem’s brand-new Tech Barza platform aims to link family office funding with its close to 200 startup tech companies.
Access to pitch days, investor networks, and events organised by Mubadala Investment Company, Hub71’s key partner, is included with membership in the elite capital club.
Additionally, ADGM setup assistance, access to the ecosystem’s programmes, and venture capital (VC) partners are provided.
According to the official release, target investors would have “sizeable portfolios with companies that potentially expedite product-market fit and the ability to go-to-market.”
Family offices and private wealth management advisory firms were involved in 5% of all venture transactions globally last year, which is more than twice as many as ten years earlier.
According to Hub71’s acting CEO Badr Al-Olama, “the private sector will play a significant role in determining the course of our country over the next 50 years, and family offices are without a doubt the engine of the economy.”
Hub71 Launches New Capital Club for Family Office Tech Investments in MENA – The Fintech Times