{"id":67261,"date":"2024-10-13T19:59:16","date_gmt":"2024-10-13T16:59:16","guid":{"rendered":"https:\/\/gulftech-news.com\/en\/?p=67261"},"modified":"2024-10-13T19:59:17","modified_gmt":"2024-10-13T16:59:17","slug":"expand-north-star-2024-the-worlds-largest-startup-and-investment-event-officially-underway-in-dubai","status":"publish","type":"post","link":"https:\/\/gulftech-news.com\/en\/2024\/10\/13\/expand-north-star-2024-the-worlds-largest-startup-and-investment-event-officially-underway-in-dubai\/","title":{"rendered":"Expand North Star 2024: The world\u2019s largest startup and investment event officially underway in Dubai\u00a0"},"content":{"rendered":"\n<p><strong>Dubai, United Arab Emirates \u2013 13 October 2024:&nbsp;<\/strong><strong><u><a href=\"https:\/\/expandnorthstar.com\/\" target=\"_blank\" rel=\"noreferrer noopener\">Expand North Star 2024<\/a><\/u><\/strong>, the world\u2019s largest startup and investment event, is officially underway in the UAE as Sunday saw the entire global startup ecosystem enjoy an action-packed opening day at Dubai Harbour.&nbsp;<\/p>\n\n\n\n<p>Hosted&nbsp;by the Dubai Chamber of Digital Economy and organised by Dubai World Trade Centre (DWTC), Expand North Star takes place from 13-16 October at the Middle East\u2019s biggest superyacht club.&nbsp;<\/p>\n\n\n\n<p>Already the annual go-to showcase for startups, investors, accelerators, and tech enthusiasts to source funding, investment deals, and essential industry updates, Expand North Star 2024 is primed to be the most prominent, dynamic, and influential in its nine-year history.&nbsp;<\/p>\n\n\n\n<p>Seamlessly integrated with GITEX GLOBAL, the event presents an extensive programme and immersive exhibition with over 1,800 exhibiting startups and more than 1,200 investors with assets under management (AUM) exceeding $1 trillion.&nbsp;<\/p>\n\n\n\n<p><strong><em>Fascinating first day of record-breaking event&nbsp;<\/em><\/strong><\/p>\n\n\n\n<p>Whilst bringing the entire startup ecosystem to the UAE and accelerating the world&#8217;s most sought-after startups towards rapid growth and development, this year&#8217;s edition is also the largest and most international to date with over 100 countries participating.&nbsp;<\/p>\n\n\n\n<p>Expand North Star 2024 hosts its biggest-ever European participation with over 1,000 SMEs and more than 450 startups from 35 countries across the continent. Several participated in one of the highlight sessions of \u201cInvestor Sunday\u201d at Expand North Star \u2013&nbsp;<em>\u2018Connected for Success: The Power of Cross-border Collaboration in Europe\u2019.<\/em><\/p>\n\n\n\n<p>Alongside panellists from France, Italy, Poland, and Portugal, Dr. Sebastian Sch\u00e4fer, CEO of House of Finance &amp; Tech Berlin, discussed the future of funding and investments.&nbsp;<\/p>\n\n\n\n<p><strong>Dr. Sch\u00e4fer called for newfound cross-continental collaboration between European nations, citing the vast \u201cuntapped potential\u201d across the digital space. He said:&nbsp;<\/strong>\u201cAs countries, we don\u2019t collaborate. We need real joint value propositions for tangible success and use cases that help us to work together. We have the ingredients needed to compete with the big tech companies from China and the US \u2013 but we need novelty ways to utilise advantages, harness talent, and create future unicorn factories. There\u2019s so much untapped potential waiting to be explored.\u201d&nbsp;<\/p>\n\n\n\n<p>Expand North Star 2024 also welcomes a wide variety of new exhibiting companies from Central Asia, Southeast Asia, and Latin America alongside many from the Middle East and Africa.&nbsp;<\/p>\n\n\n\n<p>Bringing together 59 leading unicorns with a combined valuation of $400 billion, Expand North Star 2024 fosters startup innovation with the all-new&nbsp;<strong><u><a href=\"https:\/\/www.expandnorthstar.com\/scaleups\" target=\"_blank\" rel=\"noreferrer noopener\">NS scaleups<\/a><\/u><\/strong>. This programme has been introduced to forge collaborations, stimulate business growth, and connect late-stage startups with strategic partners, venture capitalists, and clients. The opportunistic unicorn landscape was explored in another of the opening day\u2019s standout sessions \u2013&nbsp;<em>\u2018Climate Tech Unicorns: Valuation, Volatility, and Venture Capital\u2019.<\/em><\/p>\n\n\n\n<p><strong>During the Sunday afternoon talk, Sean O\u2019Sullivan, Founder of US venture capital firm SOSV \u2013 the world\u2019s most active climate tech investor \u2013 addressed the opportunities at hand for the climate tech unicorns of tomorrow. He said:&nbsp;<\/strong>\u201cClimate change is an urgent, existential crisis for humanity \u2013 and unsustainable, nonsensical business models cannot continue. There are opportunities for tens of thousands of startups to immediately begin solving our problems and reinventing society \u2013 becoming profitable over time. Open AI was founded in 2015 and was going nowhere until recently. Now it\u2019s the most valuable company in the world. With perseverance, companies can suddenly be worth hundreds of billions \u2013 even trillions \u2013 of dollars.\u201d<\/p>\n\n\n\n<p><strong><em>What to watch out for at Expand North Star 2024?<\/em><\/strong><\/p>\n\n\n\n<p>Throughout its four-day duration, Expand North Star casts a unique and insightful spotlight on the future of money, blockchain, creativity, and the planet through industry-defining events, including&nbsp;<strong><u><a href=\"https:\/\/giteximpact.com\/?_gl=1*1hfp2cu*_ga*MTY0NDk4MjM3NS4xNzI4ODA4MDYx*_ga_R07Z5EC23D*MTcyODgwODA2Mi4xLjAuMTcyODgwODA2Mi4wLjAuMA..\" target=\"_blank\" rel=\"noreferrer noopener\">GITEX Impact<\/a><\/u><\/strong><strong>,&nbsp;<\/strong><strong><u><a href=\"https:\/\/www.fintechsurge.com\/\" target=\"_blank\" rel=\"noreferrer noopener\">Fintech Surge<\/a><\/u><\/strong>,&nbsp;<strong><u><a href=\"https:\/\/www.futureblockchainsummit.com\/?_gl=1*kgl1dr*_ga*MTY0NDk4MjM3NS4xNzI4ODA4MDYx*_ga_R07Z5EC23D*MTcyODgwODA2Mi4xLjAuMTcyODgwODA2Mi4wLjAuMA..*_gcl_au*MTE0MTc4NjU3Ni4xNzI4ODA4MDU4*_ga_NST9Z16C02*MTcyODgwODA2My4xLjAuMTcyODgwODA2Ni41Ny4wLjA.\" target=\"_blank\" rel=\"noreferrer noopener\">Future Blockchain Summit<\/a><\/u><\/strong>, and&nbsp;<strong><u><a href=\"https:\/\/www.expandnorthstar.com\/marketing-mania?_gl=1*15mtrur*_ga*MTY0NDk4MjM3NS4xNzI4ODA4MDYx*_ga_R07Z5EC23D*MTcyODgwODA2Mi4xLjAuMTcyODgwODA2Mi4wLjAuMA..*_gcl_au*MTE0MTc4NjU3Ni4xNzI4ODA4MDU4*_ga_NST9Z16C02*MTcyODgwODA2My4xLjAuMTcyODgwODA2Ni41Ny4wLjA.\" target=\"_blank\" rel=\"noreferrer noopener\">Marketing Mania<\/a><\/u><\/strong>.&nbsp;<\/p>\n\n\n\n<p>The inaugural&nbsp;<strong><u><a href=\"https:\/\/www.expandnorthstar.com\/tech-transfer\" target=\"_blank\" rel=\"noreferrer noopener\">Tech Transfer 3.0<\/a><\/u><\/strong>&nbsp;converges leading research labs, visionary scientists, engineers, tech experts, and academics to demonstrate innovation from concept to real-world applications. This event welcomes high-tech institutions for the first time \u2013 including IE University, University College London (UCL), Johns Hopkins University, and the Massachusetts Institute of Technology (MIT).<\/p>\n\n\n\n<p>The globally acclaimed&nbsp;<strong><u><a href=\"https:\/\/giteximpact.com\/supernova-challenge\/\" target=\"_blank\" rel=\"noreferrer noopener\">Supernova Challenge 2.0<\/a><\/u><\/strong>&nbsp;also presents the best startups from Europe, Asia, and Africa, building momentum for the new and eagerly awaited GITEX EUROPE Berlin, GITEX ASIA Singapore, GITEX NIGERIA, and GITEX AFRICA Morocco in 2025. After six months of semi-finals worldwide, nearly 200 selected startups will pitch in the global grand finale for a cash prize pool of $200,000.<\/p>\n\n\n\n<p>In a proactive and engaging way to connect the UAE\u2019s youth with Dubai\u2019s economic agenda, the younger generation will also be in the spotlight through&nbsp;<strong><u><a href=\"https:\/\/www.expandnorthstar.com\/gitex-youthx\" target=\"_blank\" rel=\"noreferrer noopener\">GITEX YouthX Unipreneur<\/a><\/u><\/strong>&nbsp;with YouthX Talks and an Educators Innovation Pitch among the schedule highlights.&nbsp;<\/p>\n\n\n\n<p>Expand North Star runs concurrently with GITEX GLOBAL 2024, the world\u2019s largest and best-rated tech and startup event taking place at DWTC from 14-18 October.&nbsp;<\/p>\n\n\n\n<p>For more information, please visit:&nbsp;<a href=\"http:\/\/www.expandnorthstar.com\/\" target=\"_blank\" rel=\"noreferrer noopener\">www.expandnorthstar.com<\/a>.<\/p>\n\n\n\n<p><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Dubai, United Arab Emirates \u2013 13 October 2024:&nbsp;Expand North Star 2024, the world\u2019s largest startup and investment event, is officially underway in the UAE as Sunday saw the entire global startup ecosystem enjoy an action-packed opening day at Dubai Harbour.&nbsp; Hosted&nbsp;by the Dubai Chamber of Digital Economy and organised by Dubai World Trade Centre (DWTC), &hellip;<\/p>\n","protected":false},"author":1,"featured_media":67262,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2],"tags":[],"class_list":["post-67261","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v24.1 - 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