iACCEL GBI, a premier go-to-market accelerator backed by the Dubai government, has unveiled its strategic alliance with Angels Den Funding, Europe's foremost angel-led finance platform. This partnership signifies iACCEL GBI’s foray into the UK and European markets. Founded in 2023 with backing from Dubai SME and Hamdan Innovation Incubator (Hi2), iACCEL GBI provides comprehensive support to startups venturing into the UAE and the Middle East, utilizing a network of over 400 industry specialists who collaborate closely with these startups.
Established in 2007, Angels Den Funding has transformed from an online platform into a robust network of over 21,000 investors. This collaboration represents a significant milestone for iACCEL GBI in extending its reach across Europe. As part of this alliance, iACCEL GBI will act as a gateway for startups based in the UK and Europe to penetrate the UAE and Middle Eastern markets. Both entities are enthusiastic about achieving mutual success and fostering transformative growth.
iACCEL GBI will be the favored partner for these startups, bolstering their chances of successful market entry and expansion in the UAE. Both Angels Den and iACCEL GBI are dedicated to advancing this partnership, highlighting its critical role in enhancing the UAE’s vibrant startup landscape. Deepak Ahuja, CEO and co-founder of iACCEL GBI, commented on the partnership: "This collaboration allows iACCEL to broaden our scope beyond Asia. Dubai is a thriving hub for tech startups, attracting businesses from over 190 countries. Through this partnership, we intend to assist more startups from the UK and Europe in expanding into the UAE and the wider Middle East."
Anishkaa Gehani, co-founder of iACCEL GBI, noted, "Our partnership with Angels Den underscores the UAE’s growing appeal as a center for innovation and global expansion. By synergizing our networks and best practices, we are committed to facilitating a seamless entry for startups into the region, enabling them to capitalize on the plentiful opportunities available." Abhilasha Dafria, CEO of Angels Den, also expressed excitement about the partnership: "Collaborating with iACCEL GBI presents a distinctive opportunity to extend our reach and offer our startups access to the dynamic and swiftly growing UAE market. We envision this partnership as a catalyst for UK startups to unlock new markets, propelling their global growth and aligning with our mission of cultivating world-class companies from the UK."
This partnership underscores iACCEL GBI’s steadfast commitment to partnering with pivotal players in the UAE and Middle Eastern startup ecosystems. By uniting with Angels Den, iACCEL GBI is set to usher in a new era of innovative startups to the UAE, further solidifying its status as a global nexus for entrepreneurship.
