Hub71 selects 16 new startups, supports community with funding reporters@khaleejtimes.com Filed on May 19, 2021 More than 15 local, regional, and international VC funds are based at Hub71 with assets under management worth more than $1.72 billion. — Supplied Photo Hub71 selected startups have collectively raised more than Dh274 million. Hub71, Abu Dhabi’s global tech ecosystem, announced its first cohort of 2021, selecting 16 tech startups from 11 countries and seven sectors out of 150 applicants to join its vibrant community. The number of successful applications reflect an 11 percent success rate that led to Hub71 selecting its first startups from India, Saudi Arabia, Turkey, Mauritius and South Africa, in addition to its first SpaceTech startup, following the pioneering Emirates Mars Mission and recent selection of the UAE’s first female astronaut.