Startups supported by the Mohammed Bin Rashid Innovation Fund (MBRIF) made a significant impact at Expand North Star 2025, showcasing a series of major achievements ranging from competition victories to high-profile recognitions and strategic partnerships. The success of the cohort underscores the strength of the UAE’s innovation ecosystem on one of the region’s largest technology stages.
Key Achievements from the MBRIF Cohort
Several innovators from the MBRIF portfolio stood out for their exceptional performance and strategic advancements during the event:
- Pixonal: The Dubai-based data intelligence company, which builds decision support systems, was recognized for its technological prowess by being named among the top 10 finalists of the prestigious Supernova Competition.
- Jusoor Labs: This Jordanian EdTech startup, known for its immersive 3D simulations and virtual labs for STEM education, earned top honors at the Social Impact Challenge hosted by Athar+, Abu Dhabi’s purpose-driven hub.
- InvoiceMate: A Dubai-headquartered FinTech platform that provides decentralized infrastructure for invoice financing, won the GITEX Nigeria Award, expanding its international acclaim and highlighting its innovative solution for SMEs.
- SpacePoint “Space.”: The Al Ain-based EdTech startup, which inspires students with hands-on satellite development kits, reached a remarkable milestone. The team had the opportunity to meet and present their work to HH Sheikh Hamdan Bin Mohammed Bin Rashid Al Maktoum, Crown Prince of Dubai, during his visit to their stand.
- Jadwelny: An AI-powered travel and booking platform, signed a Memorandum of Understanding (MoU) with Fluxir, a strategic move that paves the way for new collaborations and future growth in the travel technology sector.
About Mohammed Bin Rashid Innovation Fund
The MBRIF is a federal initiative launched by the UAE Ministry of Finance to identify and nurture high-potential innovations both within the UAE and globally. Through its Guarantee Scheme and Innovation Accelerator programs, the fund aims to enhance the growth potential of innovative businesses and shape the future of the UAE’s economy, focusing on seven key sectors: Space, Transport, Education, Technology, Water, Clean Energy, and Health.
