Home SME Hub71 launches capital club for family offices in Abu Dhabi The ‘Tech Barza’ platform will encourage more family office participation to tap investment opportunities among high-growth tech companies in Abu Dhabi by Neesha Salian October 30, 2022 Hub71 has started a new platform dedicated to increasing capital investment in technology companies, including startups from the region’s top family offices. Tech ‘Barza’ – meaning majlis – is an exclusive capital club that targets regional family offices for exclusive access to Hub71’s community to accelerate deal flow. The Tech Barza platform will facilitate access for technology companies and startups to connect with strategic investors that have sizeable portfolios with companies that could accelerate product-market fit and the ability to go to market. 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 convened at Hub71’s office at Abu Dhabi Global Market (ADGM) for the inaugural meeting. The family offices invited to join the exclusive capital club will benefit from access to a suite of offerings including pitch days, joining investor networks, invitations to events and business forums led by Hub71’s strategic partner Mubadala Investment Company, in addition, to setting up support within ADGM, and access to its programmes and VC partners. Badr Al-Olama, acting CEO of Hub71, said: “The private sector has a key role in shaping the next 50 years of our nation, and family offices are, without a doubt, the heartbeat of the economy. With the launch of Tech Barza, we will not just support the economic growth of the region, but we will also bring diversity and inclusivity to family offices, removing the misconception of crowding out, and reinforcing the mission of knowledge sharing.” In recent news, Hub71 launched an expansive partnership with GetFundedAfrica, a tech-enabled marketplace that matches startups, investors, corporations, and the government to support the growth of tech startups. Read: Hub71 and GetFundedAfrica to support growth of tech startups Tags capital club Hub71 Investment SMEs tech barza Technology 0 Comments You might also like Family-owned businesses ‘make up 90%’ of UAE’s private sector UAE consumers worried about application failure during holiday season: Report Oracle targets training 50,000 Saudis in AI, latest tech Abu Dhabi launches free Hala Wi-Fi across emirate