KAUST is celebrating Saudi Arabia hosting World Environment Day 2024 by highlighting two KAUST startups: Terraxy and iyris. Terraxy produces Carbosoil, a soil amendment that renders sandy soils amenable for food production and greening. iyris designs technologies like greenhouse covers and shade nets to help growers increase crop yields and reduce input costs. Why it matters: These startups demonstrate Saudi Arabia's commitment to environmental sustainability through innovative, homegrown solutions, aligning with the Kingdom's Vision 2030 goals for greening the nation and reducing organic waste.
KAUST and SABB awarded $1.1 million in non-dilutive funding to 11 startups at the TAQADAM Startup Accelerator Showcase. Ten startups each received $100,000 from a judging panel, and Autlient, a computer vision startup, won the People's Choice award and an additional $100,000. The TAQADAM accelerator aims to develop early-stage entrepreneurs and their concepts into high-potential startups from Saudi Arabia and beyond. Why it matters: This funding boosts the Saudi startup ecosystem, particularly in areas like fintech, health tech, and AI-driven solutions like computer vision, fostering innovation and economic diversification.
KAUST alumnus Ahmad Al-Showail has been appointed dean of the College of Computer Science and IT at the University of Prince Mugrin (UPM) in Madinah. Al-Showail, who graduated from KAUST with a Ph.D. in wireless networking after studying at KFUPM, also founded a startup called "Zayer," a cloud platform for educational tours in Madinah. He participated in the TAQADAM startup accelerator program at KAUST in partnership with SABB. Why it matters: This appointment highlights the growing impact of KAUST alumni in shaping the academic landscape and fostering innovation within Saudi Arabia's emerging universities.
FalconViz is a startup originating from KAUST that specializes in scanning and documenting the world. The company aims to provide new methods for documenting environments, benefitting cities and countries. Co-founder Neil Smith highlights the company's success as a demonstration of KAUST's original vision for startups. Why it matters: FalconViz represents a successful commercial venture emerging from Saudi Arabia's KAUST, showcasing the potential for technology and innovation within the Kingdom.
MBZUAI concluded its inaugural Launch Lab, a six-week pilot program designed to help alumni and students transform startup ideas into tangible ventures. The program, developed by the Alumni Relations team, aimed to bridge the gap between academic excellence and real-world impact. Fifteen participants worked on their startup ideas through in-person sessions, covering refining ideas, business model design, and go-to-market strategy. Why it matters: This initiative highlights MBZUAI's commitment to fostering entrepreneurship and translating AI research into practical business applications within the UAE.
MBZUAI's Incubation and Entrepreneurship Center (IEC) is launching "Build It Demo Day" in Abu Dhabi, an event for showcasing early-stage AI solutions and prototypes. The first demo day will be held on October 30, 2025, and applications are open to students, founders, and professionals. Participating AI builders will gain exposure to a network of organizations and access over $200,000 in technology credits from NVIDIA, Microsoft, AWS, and others. Why it matters: This event provides a crucial platform for early-stage AI innovation in the UAE, fostering entrepreneurship and attracting investment in the region's growing AI ecosystem.
MBZUAI alumnus Abdulwahab Sahyoun launched SnowHeap LLC, an AI-powered data analytics company. Sahyoun, a machine learning engineer with roots in Lebanon, aims to provide strategic tech consulting and develop in-house AI products. He was inspired by MBZUAI and the UAE's startup ecosystem to pursue his entrepreneurial ambitions. Why it matters: The story highlights MBZUAI's role in fostering AI entrepreneurship and the UAE's attractiveness for AI ventures.