iAccel GBI Expands Portfolio with Tech Startups in MENA
Deal News | Feb 20, 2025 | Zawya
iAccel Gulf Business Incubator (iAccel GBI), a prominent go-to-market accelerator supported by Dubai SME, has expanded its portfolio by incorporating five cutting-edge tech startups within the Middle East region. This strategic expansion involves startups in diverse tech sectors such as MarTech, Hyper Automation, Enterprise AI, Beauty AI, and Sustainability tech, all utilizing innovative technologies to meet contemporary market demands. The newly added startups—AiVANTA, byteEDGE, AIRA, Revent, and ORBO—bring specialized solutions ranging from AI-driven marketing platforms and organizational capability building to digital operations automation and customer engagement. iACCEL GBI Co-founder and CEO, Deepak Ahuja, affirms their commitment to supporting startups poised to revolutionize industries. With 30-plus startups onboarded since March 2023, iAccel GBI has positioned itself as a preferred accelerator in the MENA region, offering extensive ecosystem support, market access, and funding opportunities. This initiative underscores iAccel GBI's role as a key facilitator in the growth of a vibrant startup ecosystem in the Middle East.
Sectors
- Technology
- Venture Capital
Geography
- Middle East – The strategic region for iAccel GBI's expansion and home to the growing tech startup ecosystem.
- United Arab Emirates – Dubai serves as the launchpad for iAccel GBI’s market entry strategy into the Middle East.
Industry
- Technology – Focuses on startups leveraging emerging tech solutions like AI, Hyper Automation, and MarTech.
- Venture Capital – Involves investment and scaling strategies for startups in emerging markets.
Financials
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| iAccel Gulf Business Incubator | Accelerator | Company | A go-to-market accelerator aiding tech startups in launching in the Middle East, supported by Dubai SME. |
| AiVANTA | Startup | Company | Provides an AI-powered MarTech platform for customer engagement and video transformation. |
| byteEDGE | Startup | Company | Offers AI-driven B2B solutions for enhanced organizational knowledge transfer and video analytics. |
| AIRA | Startup | Company | Delivers hyper-automation capabilities using AI, RPA, and BPM to transform business operations. |
| Revent | Startup | Company | Operates an electronics marketplace with diagnostic technology and flexible device subscriptions. |
| ORBO | Startup | Company | Develops AI solutions for beauty brands to enhance customer interaction and personalization. |
| Dubai SME | Patron | Government | Supports the initiative through its patronage, facilitating the growth of startups in Dubai. |