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Saudi Arabia's tech startup scene is experiencing a remarkable transformation this year. The nation is emerging as a global hotspot for innovation and impact-driven entrepreneurship. With a surge in venture capital, strategic partnerships, and a focus on solving real-world challenges, KSA is rapidly becoming a beacon for tech talent and investors worldwide.
The Vision 2030 was launched in 2016 – and it’s hard to believe we’re nearly a decade on until you stop and take stock of how much has changed since then.
The initiative has been a catalyst for the country's tech revolution. Earlier in 2025, Saudi Arabia was named ‘Country of the Year’ by StartupBlink, recognising a staggering 200%+ growth in its startup ecosystem. Riyadh, in particular, has risen to third place in the Middle East's startup ecosystem rankings, reflecting its burgeoning tech landscape
This growth has been supported by substantial investments and initiatives aimed at fostering innovation. It goes without saying (but we’ll say it anyway) that we’re proud to be a part of that growth – LEAP is a magnet for innovation and investment here.
Several Saudi startups are making significant strides in addressing global challenges, including:
Saudi Arabia's commitment to becoming a global AI hub is evident through its strategic partnerships and investments. The newly launched state-owned company, Humain, backed by the $940 billion Public Investment Fund (PIF), aims to build world-class AI infrastructure and attract major US tech partners. Recent deals include $23 billion in contracts with American firms such as Nvidia, AMD, AWS, and Qualcomm, with plans to procure 180,000 Nvidia chips.
These collaborations are not only enhancing Saudi Arabia's technological capabilities but also creating opportunities for startups to integrate advanced technologies into their solutions – which means they can scale faster and amplify their impact.
We couldn’t write about Saudi Arabia’s startup ecosystem without mentioning the vibrant community and supportive environment that early-stage tech companies can access here.
At LEAP, we’re a part of that – giving startups a platform to showcase their innovations, connect with investors, and form strategic partnerships. LEAP speaker Margarete Schramböck (Board Member at Aramco Digital; Former Minister of Economy and Digital, Austria) told us the energy of Riyadh inspired her:
“It is amazing: it is vibrant and adventurous. Saudi Arabia is a fascinating country for me. Riyadh is a worldwide hotspot. It is the place to be, especially for a young digital tech generation.”
Her advice to tech companies interested in launching in the Saudi market is, in short, to go for it.
“Saudi Arabia is currently the place to be. Companies that want to do business here must be fast and innovative. Seize the moment, be brave and professional. The possibilities here are many; you just have to take advantage of them.”
As we head towards Q3 2025, Saudi Arabia’s tech startups will continue to make an impact on the country, the wider region, and the world. They’re addressing critical challenges and contributing to the nation’s economic diversification goals.
Could your startup thrive in Saudi Arabia? Register now to attend LEAP 2026 and build your network in Riyadh.
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How miniaturisation is transforming space tech – from student-built satellites to global innovation networks orbiting above us.
Seven lessons from LEAP’s space speakers on perspective, creativity, and connection – showing how space thinking transforms life on Earth.
Hong Kong offers unmatched access to APAC, combining connectivity, capital, innovation, and stability, making it the ideal launchpad for LEAP East.