MIT DesignX Dubai Awards AED100K to Accelerator Graduates
The MIT DesignX Dubai Accelerator Programme concluded its third cohort, awarding AED100,000 in equity-free funding to top startups Katrix, Wellmatix, and Nashid. The program supports innovative ventures in Dubai Silicon Oasis.
Dubai Silicon Oasis (DSO) successfully concluded the third cohort of its MIT DesignX Dubai Accelerator Programme. Three promising startups, Katrix, Wellmatix, and Nashid, received AED100,000 in equity-free funding and one-year business setup packages.
These startups specialize in AI, sustainable materials, and workforce verification, respectively. The program, in partnership with MIT, fosters innovation and supports early-stage companies within Dubai's technology ecosystem.