After a remarkable year of growth, in5 showcases 20 innovative start-ups at Step Conference 2023

  • Date: 23-Feb-2023
  • Source: Zawya
  • Sector:Technology
  • Country:UAE
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After a remarkable year of growth, in5 showcases 20 innovative start-ups at Step Conference 2023

- More than 750 businesses have been supported by the incubator since its inception

- Since its inception, start-ups at the incubator have raised more than AED2.4 billion in total by the end of 2022

- Fintech start-ups at in5 led the 2022 funding rounds

- Companies across artificial intelligence, cloud computing, digital marketplaces and more showcased at in5’s stand this week

Dubai, UAE: Reflecting the MENA region’s fast-growing start-up ecosystem, in5, a member of TECOM Group PJSC, witnessed more than a 31% year-on-year (YoY) jump in new start-ups in 2022. More than 160 new start-ups joined in5 since 2022, bringing the grand total of start-ups supported by the incubator since its inception to over 750. The Dubai-based incubator, which enables businesses in tech, design and media, is showcasing its growing community at the upcoming Step Conference 2023, presented by Dubai Internet City, from 22-23 February.

Last year was a formidable year for the incubator. The number of female-led start-ups more than doubled, with over half operating in the tech sector. in5 companies will be showcasing innovations in artificial intelligence, health tech, retail SAAS platforms and more during Step Conference 2023, which is billed as the leading tech festival for emerging markets.

Speaking on behalf of