The Mohammed Bin Rashid Innovation Fund (MBRIF) has officially announced the startups selected for its Cohort X, highlighting a diverse group of innovators focused on shaping a smarter and more sustainable future. This latest cohort brings together solutions that advance learning, sustainability, and digital transformation, aligning with the UAE’s vision for a knowledge-based economy.
Cohort X Innovators
The new cohort features six startups addressing critical challenges across various sectors, ranging from education technology to blockchain finance:
- Jusoor Labs: Specializes in 3D virtual STEM labs that offer safe, affordable, and hands-on learning experiences for students.
- Openfarming: An AI-powered platform designed for food distributors that optimizes orders, reduces waste, and boosts overall sustainability in the supply chain.
- Revent: Focuses on the circular economy by providing renewed electronics that extend device lifecycles, cut e-waste, and increase accessibility.
- Plantaform: Develops fog-based smart indoor gardens that enable the year-round production of fresh herbs and vegetables.
- Pixonal: Offers human-centered digital strategies that transform data and design into tangible impact for organizations.
- Rudiq: A fintech solution focused on Web3 asset tokenization, bridging the gap between traditional finance and blockchain technology.
Driving Impact Across Key Sectors
These selections underscore MBRIF’s commitment to supporting high-potential innovations within the UAE and abroad. The cohort covers essential pillars of the National Innovation Strategy, including Education, Technology, and Clean Energy. By supporting ventures like Jusoor Labs in EdTech and Revent in sustainability, the fund aims to enhance the growth potential of businesses that contribute directly to the future of the UAE’s economy.
About Mohammed Bin Rashid Innovation Fund
The MBRIF is a federal initiative conceived and launched by the UAE Ministry of Finance (MoF). The initiative seeks to identify and nurture high potential innovations both within the UAE and abroad. It aims to enhance growth potential of innovative businesses and shape the future of the UAEs economy. Currently, the MBRIF consists of two programs: the Guarantee Scheme and the Innovation Accelerator. MBRIF focuses on the seven sectors of the UAE National Innovation Strategy: Space, Transport, Education, Technology, Water, Clean Energy and Health.
