Tech startups get pilot contracts via Aldar’s Scale Up programme

Tech startups get pilot contracts via Aldar’s Scale Up programme

Aldar Properties announced on Monday that five tech startups had been awarded pilot projects as part of the second cycle of its equity-free accelerator programme, Scale Up, alongside strategic partner Majid Al Futtaim Communities. The five selected businesses specialise 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. Developed in partnership with startAD, the Abu Dhabi-based global startup accelerator, powered by Tamkeen and anchored at NYU Abu Dhabi, this year’s programme focused on attracting international startups with technologies that have the potential to reimagine the future of the real estate industry and shape the open metaverse. The five businesses 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 monetising 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 organisations to test and evaluate strategies and investments. Sook Space is a platform that