Saee, a KAUST-supported Saudi startup based in Jeddah, aims to disrupt last-mile delivery in Saudi Arabia by addressing challenges like delays and cash-on-delivery (COD) issues. They offer services such as fast COD consolidation, flexible dispatch to freelancers, and warehouse management. Saee also introduces a new concept called Cash Before Delivery (CBD) to improve cash flow for e-commerce platforms. Why it matters: This aims to solve a key bottleneck for e-commerce growth in Saudi Arabia, where COD is prevalent and creates financial inefficiencies.
Dr. Samuel West, curator of the Museum of Failure, delivered a keynote lecture at KAUST on learning from innovation failure. He emphasized accepting failure, encouraging innovation, and framing work as learning problems. West used case studies like TwitterPeek and the Vasa warship to illustrate learning from past mistakes. Why it matters: This promotes a culture of experimentation and resilience, crucial for advancing AI and technology innovation in Saudi Arabia.
Fahad Alsherehey, VP at SABIC, spoke at KAUST's Winter Enrichment Program (WEP) about authentic leadership. He cited SABIC's founding as an example of how leadership can turn challenges into opportunities. Alsherehey emphasized the difference between leadership and management, advocating for listening to one's team. Why it matters: The talk highlights the importance of leadership and vision in driving technological and economic development in Saudi Arabia.
The Technology Innovation Institute (TII) and Resource Industries have partnered to integrate autonomous air system technologies into operational defense platforms. The collaboration will embed TII's research, including synthetic aperture radar (SAR) and radio frequency (RF) magnetic mapping, into Resource Industries' aerial platforms. The aim is to enhance intelligence gathering and decision-making in complex environments. Why it matters: This partnership signifies the UAE's commitment to advancing its defense capabilities through indigenous innovation and autonomous systems, aligning with national strategies for technological advancement.
KAUST spinout Sadeem, which develops wireless environmental sensing systems, has secured $2.6 million in co-investment from the KAUST Innovation Fund and Saudi Aramco's Wa'ed Ventures. The funding will support product updates, development of new monitoring technologies, and business development. Sadeem's technology is used in cities including Mexico City and Texas for flood, traffic, weather, and air quality monitoring. Why it matters: The investment highlights the growing venture capital ecosystem in Saudi Arabia and will allow Sadeem to further develop its sensor technology for environmental monitoring and disaster prevention.
MBZUAI researchers developed a method to adapt Meta's Segment Anything Model (SAM) for medical image segmentation, addressing its performance gap with natural images. Their approach improves SAM's accuracy without requiring extensive retraining or large medical image datasets. The research, led by Chao Qin, was nominated for the Best Paper Award at the MICCAI conference in Marrakesh. Why it matters: This offers a more efficient and effective way to leverage foundation models in specialized medical imaging applications, potentially improving diagnostic accuracy and reducing the need for large-scale, domain-specific training data.
KAUST and SABB will award 10 million SAR to entrepreneurs in the fourth TAQADAM Startup Accelerator program, doubling the zero-equity grants from previous years to 150,000 SAR per startup. 59 startups across sectors like agriculture, logistics, and healthcare have joined the cohort. Participating startups will receive expert mentorship and training, industry exposure, and funding to invest in growth and development without sacrificing equity. Why it matters: This increased funding and support from KAUST and SABB signals a strong commitment to fostering a thriving deep-tech startup ecosystem in Saudi Arabia, providing crucial resources and mentorship to promising ventures.