Abu Dhabi Investment Office Invests US$16 Million In UAE-Based Startups Securrency, TruKKer, Sarwa, YACOB, and Okadoc – Entrepreneur

Abu Dhabi Investment Office Invests US$16 Million In UAE-Based Startups Securrency, TruKKer, Sarwa, YACOB, and Okadoc – Entrepreneur

You're reading Entrepreneur Middle East, an international franchise of Entrepreneur Media.. The fund is supporting the growth of Abu Dhabi's startup and venture capital ecosystem.. Once a startup is operational, Abu Dhabi is safe ground for innovation, and a place where entrepreneurs can confidently take commercial and creative risks.. ADIO is passionate about supporting entrepreneurs, we want to give startups the opportunity to become the next regional, or perhaps even global, tech success story.". Of the five startups that secured investment, Sarwa, a digital investment advisory on optimizing personal finance , has included its share into its Series A round aimed at strengthening the startup's position in the UAE by growing its tech team in Abu Dhabi.. Faisal Al Hammadi, founder and CEO of YACOB , a seed stage startup helping to combat childhood obesity rates through an operating system for youth nutrition, added, "The investment from ADIO has enabled us to fast-track our fundraising process which enables us to spend more time on execution increasing our chances of success.". Entrepreneur members get access to exclusive offers, events and more..