Saudi deep tech startups raise more than $100 million since 2020

Jan 7, 2025 · Saudi deep tech startups have raised over $100 million since 2020. The report identifies 43 high-growth deep tech startups driving innovation, with 50% of them focusing on AI and IoT. Industry 4.0 technologies, such as robotics and industrial automation, comprise 25% …

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Saudi Deep Tech Startups Raise More Than $100 Million Since 2020

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Edge AI Inferencing Pioneer Kneron To Open Subsidiary In Riyadh

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Jan 9, 2025 · Kneron’s expansion aligns with Saudi Vision 2030 and leverages the Kingdom's $266 million semiconductor fund to build a fabless semiconductor ecosystem and lure …

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Saudi Arabia’s Startups Raise $198 Million In March 2024

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Apr 3, 2024 · In addition to Saudi Arabia, the UAE secured remarkable investments with 12 startups raising $39 million in March. Meanwhile, eight startups in Egypt raised $7 million …

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Saudi Arabia Unveils More Than $6.4 Billion In Technology And …

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Feb 1, 2022 · Saudi Arabia is the largest technology market in the MENA region, with a technology sector worth more than US$40 billion. The new investments announced at LEAP22 …

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Top 50 Most-funded Startups - Forbes Lists

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This year’s 50 Most-Funded Startups In MENA have raised nearly $3 billion in total funding, with the top 10 alone amassing $1.9 billion. The U.A.E. dominates the list, with 22 startups …

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What Are The Most Funded Startups In Saudi Arabia? - Lucidity …

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Mar 3, 2023 · In August 2022. Tamara, a buy-now-pay-later platform that allows users to pay in installments, raised US$100 million in a Series B round - bringing the total funds raised to over …

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Saudi Startups Raise $76m In The First Quarter Of 2021

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Apr 11, 2021 · JEDDAH: Saudi startups raised $76 million in the first quarter of 2021, a 137.5 percent increase on the previous quarter’s fundraising total of $32 million. Entrepreneurship …

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Startup Investment - Go To Market Expansion - Saudi Arabia

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7startup identifies and provides local support for growing deep tech, clean tech and artificial intelligence (AI) solutions to transform the future of Saudi Arabia. ... More than £500k in …

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FAQs about Saudi deep tech startups raise more than $100 million since 2020 Coupon?

Is deep tech fundraising a white space in Saudi Arabia?

Hattan Ahmed, Entrepreneurship Director at KAUST, believes that deep tech fundraising has got a lot of white space in Saudi Arabia, and while there has been significant growth over the past few years in fintech, softwares as a service (SaaS), and ecommerce transactions, there is still a significant gap in deeptech investments. ...

Is entrepreneurship growing in Saudi Arabia?

Entrepreneurship is also flourishing in Saudi Arabia, with venture capital investment in Saudi Arabia in 2021 exceeding the total for 2019 and 2020 combined. Aramco Ventures, the venture capital arm of Saudi Aramco, announced the formal launch of its US$1 billion diversified growth fund, Prosperity7. ...

How many KAUST Innovation Ventures are there in Saudi Arabia?

KAUST Innovation Ventures has 27 disclosed local portfolio companies in Saudi Arabia. KAUST Innovation Ventures supports the University's pipeline of deep-tech based startup companies. It also invests in high-profile international technology companies willing to establish their operations in Saudi Arabia and to benefit from synergies with KAUST. ...

Where will deep tech go next?

Tracking the most successful of these investments allows us to gain an understanding of where deep tech might go next. Saudi Arabia’s 2030 vision is a Saudi Arabia focused on knowledge and free from dependency on oil—making deep tech and the development of new, more sustainable technologies a priority for the country. ...

Which countries raise the most money for startups?

The U.A.E. dominates the list, with 22 startups securing nearly $1.8 billion combined—over 60% of the list’s total funding. It is followed by Saudi Arabia, which is home to 12 startups that raised a total of $520.4 million, while Egypt’s seven entries raised a total of $248.6 million. ...

How big is global private investment in deep tech startups?

Global private investment in deep tech startups rose by more than 20% per year, each year from 2015 to 2018. Tracking the most successful of these investments allows us to gain an understanding of where deep tech might go next. ...