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Saudi Arabia unveils more than US$6.4 billion in technology and startup investment at LEAP22

Saudi Arabia unveils more than US$6.4 billion in technology and startup investment at LEAP22

  • Saudi Aramco Ventures launches US$1 billion Prosperity7 fund for transformative start-ups
  • STC to invest US$1 billion in MENA HUB to create regional center for cloud and digital services
  • NEOM Tech & Digital Co. launches groundbreaking XVRS cognitive metaverse and M3LD data management platform as part of a US$1 billion investment
  • J&T, eWTP Arabia and its partners invest up to US$2 billion into smart logistics hub in the Kingdom over the next 10 years
  • The Garage – KACST unveils Start-up District to grow local, regional and international disruptors
  • US$1.4 billion to be announced in entrepreneurship, start-ups VCs and funds to support digital content
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