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KAUST startups place in top 10 at Startup Istanbul

KAUST · Nov 6

Three KAUST startups, iyris, Oaesis, and UnitX, were selected in the top 10 at the Startup Istanbul international competition out of 90,000 applicants. iyris secured third place with its technology, while Oaesis developed a laser-based energy-efficient lighting system for indoor farms. KAUST supports emerging companies from ideation to marketing and financial support. Why it matters: This showcases KAUST's role in fostering innovation and contributing to Saudi Arabia's knowledge-based economy by supporting promising startups on the global stage.

Startup wrap: Post-Eid dealmaking heats up across MENA’s startup ecosystem - Arab News

Arab News · Jun 6

The MENA startup ecosystem is experiencing a surge in dealmaking and investment activity following the Eid holidays. This increased momentum suggests renewed investor interest and a dynamic period for startups across various sectors in the region. The article likely highlights successful funding rounds, strategic partnerships, and general growth trends within the entrepreneurial landscape. Why it matters: This trend is crucial for the economic diversification and innovation growth in the Middle East and North Africa, potentially fostering advancements across numerous industries, including technology and AI.