Dubai: Nestrom Inc., one of the 10 startups participating in the 2019 class of Techstars Dubai Accelerator program in partnership with GINCO, hosted at the AREA 2071 space at Emirates Towers has been listed among top 100 Arab startups shaping the Fourth Industrial Revolution as part of the 2019 World Economic Forum.

Nestrom, represented by CEO Yousef Wadi, attended the summit and took part in a tailored programme hosted in Jordan on April 6-7th to discuss the future of the Industrial IoT industry and many others, with global industry and government leaders.

Nestrom is currently Dubai-based for the duration of the program in AREA 2071, an initiative of Dubai Future Foundation, as part of the 3 month long Techstars Dubai Accelerator program.

AREA 2071 is a physical space and ecosystem purposefully designed to deeply connect corporates, governments, x- labs, startups, accelerators, investors, the youth, and the public in order to co-create the future. With the sole purpose of creating positive global impact, together they form a collaborative creative community focused on solving important human challenges at scale.

Maha Al Mezaina, Head of AREA 2071 said, “Our aim at AREA 2071 is to attract not only organizations but also talented individuals and startups from all around the world, and to co-create the future for the advancement of humanity. We are proud of this achievement by Nestrom, which stands as a testament to our drive and commitment towards fulfilling the UAE Centennial Plan in making the UAE the world’s leading nation by 2071,” Al Mezaina added.

CEO of Nestrom Yousef Wadi states, “It’s a great privilege to be included alongside so many innovative and exciting startups from Jordan and across the MENA region. It was immensely rewarding to attend the World Economic Forum summit and to be able to participate in such a comprehensive programme, as well as actively contribute to insightful discussions on how we can move industry forward in the region.” 

Vijay Tirathrai, Managing Director of Techstars Dubai Accelerator in partnership with GINCO, “We’re proud to be a part Nestrom’s journey. We have seen them rapidly pivot their business model and scale their enterprise software solutions across the Middle East. It comes as no surprise that they were recognized as one of the top 100 start-ups in the Arab world.”

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Nestrom is a cloud based platform that enables data capture and actioning from field operations. Whether data is captured through digitized mobile forms or IoT sensors, Nestrom captures the data, actions it then provides insights on performance. Nestrom is based in Jordan with a Jordanian founding team. www.nestrom.com  

Techstars Dubai Accelerator in partnership with GINCO is expanding Techstars’ presence in the Middle East. Dubai is known for their leadership in technology innovation. Pioneering entrepreneurs leading innovative companies solving challenges in transportation, construction, wellness, IoT, robotics, & beyond should apply, no matter your location. http://www.techstars.com/programs/dubai-program/ 

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