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Saudi Arabia’s Beta Labs launches 2024 DeepTech Startups Program

Saudi Arabia
Credit: Beta Labs

Beta Labs, in collaboration with the Ministry of Investment, FII, and KBW Ventures, has launched the 2024 DeepTech Startups Program.

This initiative aims to attract top talent in biotech, foodtech, and artificial intelligence, offering investment, mentorship, and market access opportunities. The program seeks cutting-edge technologies globally, providing management consulting and specialised training.

Structured in four stages, it includes registration, selection, development, and final evaluation with grants of up to $1 million.

Notable mentors include HRH Prince Khaled bin Alwaleed bin Talal, HE Eng. Khaled Al-Falih, Salwa Akhannouch, Dr Peter Diamandis and Dr Mehmood Khan. The program aims to enhance the deeptech landscape in Saudi Arabia and foster global entrepreneurial success through strategic partnerships and focus on technology’s future.