By Staff Reporter
Expand North Star 2025 has drawn the founders of 40 unicorn companies with a combined valuation of US$900 billion, reinforcing Dubai’s growing influence as a global hub for innovation and investment.
Organised by Dubai World Trade Centre and hosted by the Dubai Chamber of Digital Economy, the event is recognised as the world’s largest gathering for startups and investors. It brings together leading entrepreneurs and venture capitalists to explore strategic partnerships, discuss funding opportunities, and exchange insights on emerging digital trends.
Several unicorn founders praised the UAE’s pro-business environment, highlighting its role in accelerating global expansion for technology-driven enterprises.
Andrew Feldman, CEO and Co-Founder of Cerebras Systems, an AI company valued at US$8.1 billion, said his firm is expanding its operations in the UAE, calling it “an extraordinarily exciting place to be doing business.”
Pablo Zamora, Co-Founder of foodtech unicorn NotCo, valued at around US$1.7 billion, pointed to strong government backing for startups, noting that Dubai offers the right ecosystem for scaling businesses and attracting investment.
Tim Shi, Co-Founder of San Francisco-based generative AI firm Cresta, described the event as an “eye-opening” opportunity to connect with new partners and markets beyond the US.
Taking place at Dubai Harbour from 12–15 October 2025, Expand North Star serves as a key pillar of the Dubai Chamber of Digital Economy’s mission to strengthen the city’s status as a global technology and innovation hub.
News Source: Dubai Media Office