Abu Dhabi's Hub71 attracts ClimateTech funds amid UAE's sustainability push
Collaboration with Leonardo DiCaprio-backed Princeville Capital is set to accelerate the development of climate-focused ventures in the region
Abu Dhabi's Hub71 is focused on attracting global climate technology funds to the UAE capital to expand the start-up environment and help the emirate reach its sustainability and climate goals.
The Abu Dhabi Global Market-based technology ecosystem recently partnered with Princeville Capital, backed by Hollywood star Leonardo DiCaprio, to support ventures focused on developing climate technology.
“This collaboration marks a significant milestone, as Princeville Capital will not only commit financial resources but also establish a physical presence in Abu Dhabi, bringing its expertise and dedicated team,” Hub71 said in a statement on Thursday.
