DRIVING GLOBAL INNOVATION & INVESTMENT OPPORTUNITIES TO SAUDI ARABIA HOSTED BY NIF & STARTUP20
DRIVING GLOBAL INNOVATION & INVESTMENT OPPORTUNITIES TO SAUDI ARABIA HOSTED BY NIF & STARTUP20
31 Oct 2024
In a discussion about Saudi Arabia's innovation ecosystem, the focus is on the NEOM Investment Fund's strategy to foster technology adoption and innovation. The Fund invests in both local and international startups, emphasizing sustainable innovation and mobility solutions like hydrogen-powered engines and electric sea gliders. Partnerships with global entities, such as a joint venture with Pony.AI, a pioneering robo-taxis approaching IPO, is highlighted as part of NIF’s efforts to create a sustainable innovation on a global scale. The discussion also touches on the role of Startup20 in connecting ecosystems and fostering bilateral VC funds with G20 countries to support emerging markets, ultimately exemplifying how NIF and Saudi Startup20 is uniting G20 nations for global opportunities.