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Saudi Arabia's Deep Tech Startups Thrive in AI and IoT, Supporting Vision 2030 Goals
1446+ Words Refined into 7 Facts by AI • 1 source • 1h ago
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- 50% of Saudi Arabia's deep tech startups focus on AI and IoT.
- Saudi startups raised over 987 million USD in funding recently.
- Saudi Arabia ranks among the top three for venture capital in the region.
- International investors are keen on Saudi Arabia's deep tech sector.
- Jason Roos stated, “All of Saudi Arabia wants to be leaders across tech.”
- Vision 2030 aims to diversify the economy and reduce oil reliance.
- The deep tech ecosystem is expected to grow with increased investment.
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