Mapping Saudi Arabia’s Deep Tech Ecosystem

This report provides an overview of the Kingdom’s progress in fostering innovation and economic diversification through deeptech.

via KAUST (King Abdullah University of Science and Technology) | Saudi Ministry of Communication & IT | Hello Tomorrow

This report provides an overview of the Kingdom’s progress in fostering innovation and economic diversification through deeptech. It identifies 43 high-growth startup, with 50% focusing on artificial intelligence and IoT, and 25% specializing in Industry 40 technologies like robotics and automation.

Since 2020, deep tech startups have attracted over $100 million in funding, supported by government-led initiatives and public investments.

The report also highlights the Kingdom’s efforts to enhance research and development by increasing its active researchers from 20,000 to a target of 140,000 by 2030. These efforts align with SaudiVision2030, emphasizing the role of deep tech in driving innovation, economic growth, and global competitiveness.

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