The Expand North Star 2024 event, the world's largest gathering for startups and investors, concluded on Wednesday, showcasing unprecedented levels of participation.
Hosted by the Dubai Chamber of Digital Economy from October 13-16 at Dubai Harbour, this year's edition marked a historic milestone, attracting over 1,800 startups and 1,200 investors from 100 countries, with a combined assets under management exceeding $1 trillion.
The event's growth underscores Dubai's emergence as a global destination for digital innovation. Notably, 1,584 new startups participated for the first time, representing 88% of all startups at the event. A significant highlight was the participation of 65 unicorn companies, boasting a collective market value of over $400 billion.
This year also welcomed new participants from countries such as Austria, Australia, and Canada, enhancing Dubai's reputation as a hub for global talent. The event featured the largest-ever representation of European startups, with over 350 participating, and a notable Brazilian pavilion showcasing 50 digital companies aiming for global expansion.
The event offered a glimpse into the future of technology, with dynamic new exhibitions such as the Corporate Arena and the Startup Genome Ecosystem Leadership Forum. Dedicated programs like GITEX Impact and Fintech Surge provided insights into finance, blockchain, and creativity.
The Dubai Chamber of Digital Economy's pavilion attracted over 3,200 visitors, with its ‘Launchpad Dubai’ initiative drawing 800 attendees eager to establish businesses in the emirate. Expand North Star 2024 solidifies its role as a key pillar in Dubai's strategy to become a leading global hub for innovation, driving economic growth and fostering collaboration within the global tech community.
News Source: Emirates News Agency
