KAUST Innovation Fund
VC
2009
-
Thuwal, Thuwal, Saudi Arabia
Profile
KAUST Innovation Fund is a venture capital firm based in Thuwal, Saudi Arabia, specializing in providing capital, support, and connections to innovative technology startups. Part of the King Abdullah University of Science and Technology (KAUST), the fund draws from the university's deep research expertise across various scientific fields. Its team consists of experienced professionals in technology commercialization, investment management, and innovation leadership, distinguishing itself by leveraging robust academic resources and technical insights to support promising ventures in the region and beyond.
The fund primarily invests in technology-focused sectors, including HealthTech, Internet of Things (IoT), Cleantech, and Environmental Technologies. It supports startups at the Seed and Series A stages, primarily operating within Saudi Arabia and the broader Middle East region. The innovation fund is part of KAUST's broader strategic vision to enable and facilitate economic transformation in the Kingdom of Saudi Arabia, acting as a key player in its innovation ecosystem.
Notable portfolio companies include NOMADD - solar panel cleaning solutions, Sadeem - urban mobility intelligence, FalconViz - 3D aerial mapping, UnitX - AI computing solutions, and Red Sea Farms - sustainable agriculture technology.
