KAUST’s says this “significant milestone” underscores the organization’s growing impact on the global deep-tech landscape.
As a leading international graduate-level research university in Saudi Arabia, KAUST’s startup portfolio has celebrated its best year yet in growing not only Saudi Arabia’s high-tech and deep-tech sectors but also contributing to global innovation.
Its startups have raised more than $1 billion in total investment, generated $925 million in revenue, and created 6,661 jobs. The portfolio itself has a total valuation of more than $2 billion.
In 2024 alone, KAUST’s portfolio companies collectively raised $150 million, underscoring the growing investor confidence in Saudi Arabia’s innovation ecosystem and its rising profile on the global stage
Full story: KAUST startups raise more than $1 billion as Saudi deep-tech investment surges
