University of Dubai Launches AED 100 Million “Dubai Tech X Fund” to Empower Deep Tech and AI Startups

Dubai, UAE

Sallam sallam

The University of Dubai today announced the launch of

the Dubai Tech X Fund, a AED 100 million investment initiative

designed to support startups in deep technology (Deep Tech) and

artificial intelligence (AI), as part of a broader strategy to

strengthen the innovation and entrepreneurship ecosystem in the

UAE and the wider region.

H.E. Rashid Ahmad bin Fahad, Chairman of the University of Dubai Board of trustees,

said:

“The launch of the Dubai Tech X Fund marks a new milestone in the

University’s journey to foster innovation and support a knowledge-

based economy. We believe that the partnership between education

and investment is the most powerful path toward building a

sustainable technological future that aligns with Dubai and the

UAE’s vision to be a global hub for advanced technology.”

H.E. Dr. Eesa Bastaki, Chairman of the University of Dubai, added:

“This fund embodies our commitment to accelerating the

transformation of research into commercial applications and

impactful startups. Our goal is to make the Dubai Tech X Fund a

platform that brings together students, researchers, entrepreneurs,

and investors to shape the next generation of innovation.”

The Dubai Tech X Fund is part of Dubai and the UAE’s broader

efforts to solidify their position as a global center for tech

entrepreneurship and innovation. It aims to create a sustainable

ecosystem that combines academic excellence, venture investment,

and entrepreneurship.

The fund is the result of a strategic collaboration between the

University of Dubai and Significa Ventures, one of the region’s

pioneering CVC (Corporate Venture Capital) program builders. This

partnership provides an integrated platform that bridges academic

research, practical application, and investment capital to support

innovators and entrepreneurs.

The fund will invest in startups offering innovative solutions in

strategic sectors including energy, healthcare, education, and smart

cities, with a strong focus on deep tech and AI as engines of future

growth.