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Download The List of the 100 Highest-Valued Unicorns

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The Founder's Handbook

Top 7 Startups in Abu Dhabi in 2024

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Countless startups in the Abu Dhabi are being launched every day.

Many fail because they did not learn from the success of other companies who've managed to rise above.

We just published this list of 7 well-known and fast-growing Abu Dhabi companies that impressed investors.


7 Startups in the Abu Dhabi

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2,189 Accelerators & Incubators

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1,016 Unicorns

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1,190 Unicorns

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1) Group 42

Group 42

Group 42 is a cloud computing and artificial intelligence (AI) firm based in the United Arab Emirates.

Details of the startup:

  • Started in: 2018
  • Industries: Artificial Intelligence, Information Services, Information Technology
  • Number of employees: 251-500
  • Funding: $800,000,000
  • Funding rounds: 2
  • Number of investors: 2 (Silver Lake, Mubadala)

You can find their website here.

2) Abu Dhabi National Oil Company

Abu Dhabi National Oil Company

ADNOC and its Group Companies want to be leaders in the Middle East and Africa when it comes to health, safety, and the environment.

Details of the startup:

  • Started in: 1971
  • Industries: Oil and Gas
  • Number of employees: 10001+
  • Funding: $22,000,000,000
  • Funding rounds: 3
  • Number of investors: 17 (BlackRock, GIC, HSBC, Brookfield Asset Management, First Abu Dhabi Bank)

You can find their website here.

3) TruKKer

TruKKer

TruKKer is a technology-enabled truck aggregator in the Arab Peninsula that operates a variety of vehicle types for a variety of end markets.

Details of the startup:

  • Started in: 2015
  • Founders: Amit Agarwal, Gaurav Biswas, Haseebullah Soomro, Pradeep M Pradeep, Pradeep Mallavarapu, Rajai Nammari, Wissam Al Akl
  • Industries: Freight Service, Logistics, Supply Chain Management, Transportation
  • Number of employees: 101-250
  • Funding: $44,350,000
  • Funding rounds: 7
  • Number of investors: 15 (500 Startups, International Finance Corporation, Endeavor Catalyst, Shorooq Partners, Raed Ventures)

You can find their website here.

4) Pure Harvest Smart Farms

Pure Harvest Smart Farms

Pure Harvest Smart Farms is a tech-enabled agribusiness based in the United Arab Emirates that specializes in producing superior fruits and vegetables all year.

Details of the startup:

  • Started in: 2016
  • Founders: Mahmoud Adi, Sky Kurtz
  • Industries: Agriculture, AgTech, Farming, Fruit
  • Number of employees: 11-50
  • Funding: $89,447,339
  • Funding rounds: 8
  • Number of investors: 6 (Shuaa Capital psc, Shorooq Partners, Abu Dhabi Investment Office (ADIO), Mohammed Bin Rashid Innovation Fund (MBRIF), Sancta Capital Group)

You can find their website here.

5) Mubadala

Mubadala

Mubadala is a sovereign investor that manages a worldwide portfolio with the goal of delivering long-term financial returns for its investors.

Details of the startup:

  • Started in: 2017
  • Founders: HH Shaikh Mohamed Bin Zayed Al Nahdha Bin Sultan bin Zayed bin Khalifa bin Shakhbut bin Dhiyab bin Issa Al Nahyan Al Falahi
  • Industries: Asset Management
  • Number of employees: 1001-5000

You can find their website here.

6) NymCard

NymCard

NymCard is a cloud-based issuer processor that allows banks to create virtual and physical card programs for their clients.

Details of the startup:

  • Started in: 2018
  • Founders: Ayman Chalhoub, Omar Onsi
  • Industries: Banking, Financial Services, FinTech, Payments
  • Number of employees: 11-50
  • Funding: $13,600,000
  • Funding rounds: 4
  • Number of investors: 5 (VentureSouq, Shorooq Partners, B&Y Venture Partners, otf Jasoor Ventures, Phoenician Funds)

You can find their website here.

7) ADQ

ADQ

ADQ is a holding corporation that owns a number of large businesses.

Details of the startup:

  • Started in: 2018
  • Industries: Aerospace, Agriculture, Financial Services, Home Health Care, Hospitality, Logistics, Media and Entertainment, Real Estate, Tourism, Transportation

You can find their website here.

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