Tuesday April 23rd, 2024
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UAE-based GovTech Startup 01Gov Raises Six-Figure Seed Investment

The investment is led by revered innovator, entrepreneur and MIT alumni Dr. Saeed Khalfan Al Daheri to help propel the startup to greater heights.

Staff Writer

Dubai-based GovTech startup 01Gov has scored a six-figure seed investment led by celebrated innovator, entrepreneur and the first Emirati to graduate from MIT’s International Space University in 1988, Dr. Saeed Khalfan Al Daheri.

Amid the widespread moves towards digital transformation to existing structures, 01Gov is aiming to bolster the public sector with its tech-enabled solutions. The term ‘GovTech’ refers to applying emerging technologies (such as A.I, blockchain, data processing, etc.) to government domanis. According to MAGNiTT, the startup is the first Arab platform for government innovation that would supply a wide range of products, as well as equipped to provide government leaders and employees with the necessary skill sets to adopt these systems.

“Only one Arab country has managed to secure a spot within the top 50 countries on the 2019 Global Innovation Index,” Elbadawi said. “While many Arab states have announced bold and futuristic national visions, turning those visions into reality requires a digital, agile, and innovative public sector that belongs to the 21 st century,” Ibrahim Ahmed Elbadawi, Founder and CEO of 01Gov said.

On top of offering digital solutions, the platform is also leading the conversation and instigating dialogue with an aggregated amount of content rolled out and updated daily that touches on various topics, such as innovation culture, artificial intelligence, future foresight and storytelling. 01Gov’s latest and biggest stride so far is establishing the first virtual government innovation lab in the Middle East; an online hub that bands together great minds and government officials to toy with new ideas and test out solutions during the Coronavirus crisis.

“I’m excited to partner with 01Gov, a unique startup in the region with an impressive track of achievements that I have been following for years,”  said Dr. Saeed Aldhaheri. Ibrahim & his team have succeeded in empowering the leaders of the public sector in the UAE and the region with a new perspective to approach and tackle the challenges and opportunities of the 21 st century. A fresh entrepreneurial approach that brings the creativity and agility of an innovative digital startup to the government space. That’s why, for instance, 01Gov has managed to respond to the COVID-19 crisis much faster than big corporations and provided its clients and the public sector a unique value in a critical time.”


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