King Saud University Launches Venture Fund With AI Firm SparkLabs
The new fund and accelerator aim to support early-stage startups emerging from King Saud University.
Riyadh Valley Company, the investment arm of King Saud University, has announced the establishment of the King Saud University Venture Fund and Startup Accelerator in partnership with SparkLabs.
The initiative is positioned as a step toward strengthening the university’s innovation ecosystem and translating research and entrepreneurial projects into technology startups.
The fund will target early-stage ventures emerging from King Saud University, including projects led by students, researchers and faculty members. It also aims to attract technology companies interested in collaborating with the university’s research and innovation infrastructure. SparkLabs will manage the fund.
Founded in Silicon Valley in 2013, SparkLabs operates in more than 12 countries and has invested in hundreds of technology companies across multiple sectors.
Dr Khalid bin Saad Al-Saleh, CEO of Riyadh Valley Company, said the initiative aligns with the company’s role in supporting the university’s entrepreneurship ecosystem. He added that the fund and accelerator are intended to build the capabilities of university-based entrepreneurs, enhance the investment readiness of technology projects and strengthen the institution’s position within the knowledge economy.
Applications for the programme can be submitted through the official registration link provided by Riyadh Valley Company.
