KAUST Seed Fund announced the four winning teams from its 2013 Fall Round, including Falcon Viz (3D aerial scanning), Nano Assembly (quantum dot production), ROFix (desalination plant performance), and u. The Seed Fund has funded 21 projects in its first six rounds, creating three companies and 15 jobs. Barig Siraj noted KAUST's leadership in commercializing ideas in Saudi Arabia. Why it matters: The KAUST Seed Fund plays a vital role in fostering entrepreneurship and technological innovation within Saudi Arabia, addressing critical needs in areas like desalination and infrastructure.
KAUST's Spring Seed Fund Gala recognized three winning teams from its spring funding round. The winning projects include "I3-Waste CO2 to Commercial Products," "ONCOGENOMICS - Highly Accurate Test for Early Detection of Colorectal Cancer," and "ZAD - Microbes to improve agriculture under drought, heat and salinity." The Seed Fund aims to empower faculty, researchers, and students to turn their ideas into successful businesses, providing the Kingdom with innovative startups and jobs. Why it matters: This KAUST Seed Fund supports promising research with commercial potential, fostering innovation and entrepreneurship in Saudi Arabia.
The 2018 TAQADAM Accelerator Showcase, a partnership between KAUST and SABB, awarded SAR 2.25 million in follow-on funding to winning startups. 24 startup graduates from 11 universities in Saudi Arabia participated, each having received SAR 75,000 in initial grant funding. Winning startups included Wayakit, with an instant laundry spray, and EDAMA Organic Solutions, focused on converting organic waste into soil conditioners. Why it matters: This accelerator program highlights the growing focus on deep tech innovation and entrepreneurship within Saudi Arabia's research and business ecosystems.
In 2013, KAUST faculty members Jean Frechet and Yves Gnanou received international awards recognizing their scientific contributions. Nina Fedoroff was also awarded the 2013 Nevada Medal for achievements in science and engineering. KAUST research was featured in high-impact journals across diverse fields, and a KAUST Seed Fund winner launched an iPad housing device for underwater use that was featured by Apple. Why it matters: These achievements highlight KAUST's growing reputation as a hub for scientific research and innovation in the region and globally.
Red Sea Farms, a KAUST agriculture technology spinout, placed third at the Entrepreneurship World Cup (EWC) and won $150,000. The startup specializes in saltwater greenhouse technology to reduce the dependence on fresh water for irrigation. Red Sea Farms recently received $1.9 million USD in seed funding from KAUST's Innovation Fund and Research Products Development Company to build a pilot greenhouse. Why it matters: This award and funding will enable Red Sea Farms to scale their production of saltwater tomatoes and address food system sustainability in water-scarce regions.