Arabian Vehicles launches Urventures to assist UAE startups with industrial automobiles 

Arabian Vehicles Firm (AAC), a part of AW Rostamani Group and the unique Nissan vendor for Dubai, Sharjah, and the Northern Emirates, has launched Urventures, a brand new mobility options platform designed to assist startups within the UAE.

The platform marks a major shift within the firm’s enterprise mannequin, transferring past conventional automotive gross sales to grow to be a direct investor in small companies.

Urventures is the primary program of its type within the regional automotive sector. As a substitute of providing conventional funding, it supplies industrial automobiles to startups in change for a minimal stake within the enterprise’s future fairness.

Hussam Baghdadi, Senior Director of Arabian Vehicles Firm stated: “That is an thrilling time for us as Nissan and Arabian Vehicles are altering the way in which companies can purchase fleets. Whereas we have now all the time been a powerful supporter of the enterprise ecosystem by way of our expansive mobility options, we at the moment are taking {that a} step additional as the primary automotive model providing a novel startup funding method.

“By way of Urventures, we transcend promoting automobiles to grow to be true companions in development, providing steering that unlocks new alternatives for entrepreneurs. Our program aligns with the UAE’s imaginative and prescient to be a worldwide hub for entrepreneurship and underscores our dedication to supporting rising companies in reaching their full potential.”

The platform is concentrated on fixing one of many largest challenges that small companies face of their early levels: logistical assist.

Within the first part of Urventures, Arabian Vehicles has invested in two women-led startups based mostly within the UAE—ProMed First Assist and Bambuyu.

The businesses have been chosen based mostly on three standards: development potential, societal impression, and the necessity for a van of their core enterprise. Each startups have been supplied with Nissan Urvans, which can assist them handle monetary and logistical limitations.

ProMed First Assist, based in 2024, supplies emergency medical companies coaching throughout the GCC. The corporate will use the Nissan Urvan to ship cell medical coaching and transport important tools.

“This program has been instrumental in our speedy development. The entry to automobiles has allowed us to increase our service space and attain new prospects. Plus, the mentorship has been invaluable in serving to us navigate the challenges of scaling a startup,” Auredel Sumalinog Magpantay, Founder and COO of ProMed First Assist stated.

Bambuyu, a sustainable tissue firm based in 2021, will use the automobile to increase its supply operations and promote its eco-friendly merchandise.

“This program was a game-changer for us. Entry to a fleet allowed us to scale our supply service quickly and obtain profitability a lot before anticipated,” Sahar Karoubi, Founder and spokesperson of Bambuyu stated.

As reported by Statista in October 2024, the UAE leads the GCC nations as the highest incubator for startups, with over 5,600 registered companies as of the second quarter of 2024.

The Dubai authorities has additionally launched the Ignyte platform to speed up the expansion of over 100,000 startups and entrepreneurs. By way of Urventures, Arabian Vehicles goals to contribute to this ecosystem by addressing the precise wants of SMEs throughout the nation.

The second season of Urventures is scheduled for the second quarter of 2025.