Venture Debt Fund Stride Supports Hub71

Venture Debt Fund Stride Supports Hub71

Hub71, Abu Dhabi’s global tech ecosystem, and Stride Ventures, a venture debt fund, have partnered to support startups in Abu Dhabi. Through this partnership, Hub71 will leverage Stride Ventures’ expertise,

The post Venture Debt Fund Stride Supports Hub71 appeared first on Fintechnews Middle East.Hub71, Abu Dhabi’s global tech ecosystem, and Stride Ventures, a venture debt fund, have partnered to support startups in Abu Dhabi.

Through this partnership, Hub71 will leverage Stride Ventures’ expertise, to provide startups with access to capital and mentorship opportunities required to scale their ventures to new heights.

In parallel, Stride Ventures will be a valuable capital partner for Hub71, offering alternative financial solutions and support through venture debt, which complements traditional equity funding. Stride Ventures will also provide comprehensive mentorship programs, offering startups with the guidance they need to navigate the complexities of business expansion.

Hub71 and Stride Ventures will work together to identify global startups operating across sectors of economic importance, to set up their operations in Abu Dhabi. Through a shared commitment to support startup growth and accelerate innovation, the partnership will aim to attract global startup talent and solidify the UAE’s position on the world stage as the destination of choice for entrepreneurs and innovators.

Ahmad Ali Alwan

Ahmad