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3/4/25, 10:44 AM Future100 Initiative Signs 6 Agreements To Drive Startup Growth In UAE’s New Economy Sectors | Pakistan Point
the UAE’s innovation vision. We are excited to continue our journey in empowering the next
generation of entrepreneurs and contributing to the UAE’s future economic growth."

Hassan Waheed Al Farsi, Board Member of Oraseya Capital, noted, "As the investment arm of
the Dubai Integrated Economic Zones Authority, Oraseya Capital is proud to partner with the
Future100 initiative to empower the next generation of SMEs in the UAE. As one of the most
active investors in startups in 2024, the $1 million investment reinforces our commitment to
fostering innovation, supporting the growth of local technology firms, and strengthening the
future economy. We look forward to contributing to the success of these companies through this
initiative."
In addition to the six agreements, Alia Al Mazrouei witnessed the signing of two more
agreements involving startups recognised in this year’s Future100 list and international research
institutions.

The first agreement was signed between P4ML, a tech-driven healthcare company,
and Sanford Integrated Stem Cell Orbital Research (ISSCOR) Center at the University of
California, San Diego. This collaboration focuses on space-based stem cell research, biological
data analysis, drug discovery, and precision medicine. The partnership aims to develop an
advanced platform for drug discovery and biological data analysis while ensuring strict
governance in data sharing and research technologies to support the health of astronauts and
space tourists through cutting-edge research.

The second agreement was signed between Circa Biotech, a company specialising
in food waste recycling and a recognised startup under the initiative, and Thailand-based Energy
Absolute. This partnership aims to establish a biofuel feedstock production facility in the UAE,
supporting the supply chain for sustainable aviation fuel (SAF).

Launched in partnership between the Ministry of Economy and the Government Development
and the Future Office, the Future100 initiative is an annual national program introduced
on World Future Day. The initiative identifies and celebrates the top 100 startups that enhance
the UAE’s readiness for the future economy, reinforcing its status as a global hub for innovation,
creativity, and talent in future industries.

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