National Technology Development Program, Kingdom of Saudi Arabia
VC Fund
National Technology Development Program, Kingdom of Saudi Arabia is a VC fund focused on Artificial Intelligence and Software. Encourages and supports national companies in the IT and emerging technologies sector to increase its local market share and global exports.
- Total investments:
- 14
- Last investment:
- Lead investor:
- 50%
Last updated:
For AI agents: llms.txt
Industries National Technology Development Program, Kingdom of Saudi Arabia invests in
Stages National Technology Development Program, Kingdom of Saudi Arabia invests in
Countries National Technology Development Program, Kingdom of Saudi Arabia invests in
Round sizes
Contacts
| Name | Phone | Socials | |
|---|---|---|---|
Round size
- Seed
- $1M–$2.9M
- Grant
- $1M–$1.3M
- Pre-Seed
- $40k–$1M
Investment Focus
Industry
- Artificial Intelligence 4 (29%)
- Software 3 (21%)
- SaaS 2 (14%)
- Real Estate 2 (14%)
- Construction 2 (14%)
Stage
- Seed 5 (36%)
- Grant 5 (36%)
- Pre-Seed 3 (21%)
- Venture - Series Unknown 1 (7%)
Country
- Saudi Arabia 4 (29%)
- United States 2 (14%)
- United Arab Emirates 2 (14%)
- Japan 1 (7%)
- Singapore 1 (7%)
Team
| Name | Title | Investments | Links | |
|---|---|---|---|---|
Ibrahim Neyaz
CEO
|
CEO | Total investments: 2 | Find email |
Investments
| Company | Description | Round | Links |
|---|---|---|---|
| Ibtikar Technologies Co was born in Saudi Arabia in 2010 at the hands of a group of visionaries working with a simple motto; helping business to digitally transform. The few years since our birth have been a joy ride to fill the gap in the Saudi market and contribute to it with scalable and reliable solutions.Ibtikar Technologies is one of themost experienced mobile applications development providers in the region. We believe in delivering credibility, integrity, reliability and good will with the products and solutions we provide to our clients using our enhanced knowledge and amazing work environment. | $2.9M / Seed / Oct 26, 2025 | ||
| Ailytics is the leading video analytics company in SEA that helps companies enhance safety and productivity for their operations. We specialize in the construction industry but can also transfer our technology into other industries. | Seed / Jul 16, 2025 | ||
| Digital solution for the management of residential buildings | Pre-Seed / Jul 16, 2025 | ||
| Kneron specializes in designing and developing integrated software and hardware solutions that enable artificial intelligence to function on devices at the edge. Their products serve a variety of applications, including smart homes, smart surveillance, smartphones, robots, drones, and IoT devices. Kneron offers AI System-on-Chips, visualrecognition software development kits, and intellectual property for neural processing units. | Grant / Jun 18, 2025 | ||
| Bridging TradFi and DeFi with Real-World Asset Tokenization | $1M / Pre-Seed / May 30, 2025 | ||
| Algoma is a digital architect and engineer for sustainable buildings and reducing carbon footprints in the building industry. | $2.3M / Seed / May 15, 2025 | ||
| Lucidya is an Enterprise B2B SaaS company that was founded in 2016 with a headquarter in Riyadh, Saudi Arabia. In a few years, the company managed to scale its customers base from Saudi to more than 6 countries including leading brands in different industries like Telecoms, BFSI, Automotive, FMCG, Retail, and othersThanks to its unique andproprietary AI & Arabic NLP technologies, Lucidya provides the most accurate analysis of interactions in the Arabic language making Lucidya the #1 tool in its category by users rating in MENA | $1.3M / Grant / Apr 09, 2025 | ||
| Revolutionizing modern retail with a digital-first, socially-engaging, inivative products to elevate the experience | Grant / Feb 01, 2025 | ||
| With a special focus in marketing and sales department of SMEs, we are building the most exhaustive AI powered sales and marketing department augmenting their growth via reliable AI agents. | $40K / Pre-Seed / May 01, 2024 | ||
| H2O Hospitality is a hospitality technology company that offers hotel digital management solutions and services. | Venture - Series Unknown / Mar 07, 2024 | ||
| See all 14 investments → | |||
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FAQ
What does National Technology Development Program, Kingdom of Saudi Arabia invest in?
National Technology Development Program, Kingdom of Saudi Arabia invests primarily in Artificial Intelligence, Software and SaaS startups, most often at Seed and Grant stage. Most of the 14 investments tracked by Shizune back companies in Saudi Arabia. The Investment Focus section breaks down every industry, stage and country in the portfolio.
What is National Technology Development Program, Kingdom of Saudi Arabia's check size?
National Technology Development Program, Kingdom of Saudi Arabia typically joins rounds of $1M–$2.9M at Seed, $1M–$1.3M at Grant and $40k–$1M at Pre-Seed. These ranges are 10th–90th percentile round sizes calculated from confirmed public funding rounds, so they are a realistic guide to the rounds National Technology Development Program, Kingdom of Saudi Arabia participates in.
How do I contact National Technology Development Program, Kingdom of Saudi Arabia?
Public channels for National Technology Development Program, Kingdom of Saudi Arabia include LinkedIn, X (Twitter) and the website linked on this profile. For a verified work email and phone number, create a free Shizune account — contact data is searched across 20+ sources and validated before delivery, so your outreach lands in the right inbox.
Who are the partners at National Technology Development Program, Kingdom of Saudi Arabia?
The team at National Technology Development Program, Kingdom of Saudi Arabia includes Ibrahim Neyaz (CEO). The Team section lists each member with their title, investment count and links.
Is Shizune's investor data accurate?
Yes — every stat on this profile is calculated from confirmed public funding rounds monitored across hundreds of sources since 2020. This profile was last refreshed in Oct 2026 and is updated monthly. Spotted something off? Use the “Suggest an edit” link near the top of the page.
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