Stryde acquires angel network Qora71 and launches “Stryde71” as its new VC investment arm

Dubai-based digital platform Stryde, licensed by the Dubai Financial Services Authority (DFSA), has announced the acquisition of Qora71, one of the region’s fastest-growing angel investment networks originally launched with the support of Hub71.

As part of the acquisition, Qora71 will be rebranded to “Stryde71”, becoming a dedicated venture capital arm within Stryde’s ecosystem. The new unit will focus on syndicated tech deals and investments across early and growth-stage startups.

Youssef Salem, founder of Qora71, joins Stride as a Partner following his success in building a fully digital investment network from the ground up. Within less than five months, Qora71 attracted over 130 investors, executed more than 50 deals, and deployed over $2 million in funding.

Stryde71 will integrate Qora71’s syndicate-based model with Stryde’s robust infrastructure, enabling both individual and institutional investors to access promising co-investment opportunities across the region’s private tech market.

This strategic move marks Stryde’s official entry into venture capital, expanding its multi-track digital platform that serves the evolving private investment landscape across the Middle East.