https://arab.news/nspgc
The global narrative around innovation often focuses on well-established tech hubs such as Silicon Valley and Shenzhen. However, powerful innovation ecosystems are rapidly gaining attention elsewhere — and the proof is in the finance.
At King Abdullah University of Science and Technology, we are engineering an innovation powerhouse — turning foundational science research into tangible businesses and attracting significant global investment.
The numbers speak for themselves. KAUST-affiliated startups have collectively raised over $1 billion in investments, co-investing alongside leading local and global firms. In 2024 alone, KAUST-affiliated startups raised over $150 million in investments, contributing to a total portfolio valuation now exceeding $2 billion.
This growth is the direct outcome of a deliberate strategy to support our emerging entrepreneurs, push forward their research and development goals and establish product-market fit.
