Aldar Scale Up program awards pilot project contracts to 5 tech startups  

Aldar Scale Up program awards pilot project contracts to 5 tech startups  

Abu Dhabi-based leading real estate investment platform, Aldar Properties has awarded pilot projects to five tech startups as part of the second cycle of its equity-free accelerator program, Scale Up, alongside strategic partner Majid Al Futtaim Communities.

The five selected businesses specialize in the rapidly evolving technologies of spatial and artificial intelligence, blockchain, NFT applications and data analytics, and align with the UAE’s smart and sustainable cities ambitions as the shift to Web 3.0 accelerates globally.

The tech startups selected for pilot projects by Aldar include LlamaZOO, a spatial business intelligence platform enabling enterprises to create real-time digital twins of places, spaces, and things, Database, an Augmented Reality outdoor media company, codifying and monetizing digital property rights in the metaverse, and Geotwin, an advanced computing and research startup that operates a SaaS platform and offers a low-risk and cost-efficient way for organizations to test and evaluate strategies and investments.

The startup which was awarded pilot project jointly by Aldar and Majid Al Futtaim Communities is the Sook Space. It is a platform that provides access to flexible, sustainable, affordable, and digitally-connected spaces. Bookable by the hour, and in multiple locations, Sook enables big and small businesses to experiment, connect with their communities, and