TAQADAM has allocated funding for 10 startups, including the Kazakhstani Porte

TAQADAM is one of the oldest acceleration programs in the Middle East. At its eighth annual exhibition, it allocated $1 million in funding to 10 startups. The program has become part of KAUST and is aimed at fostering entrepreneurship.

10 startups that received funding of $100,000 each:

Airmo — a revolutionary approach to climate monitoring using satellite data to track greenhouse gases in real time

Juleb — transforms the pharmaceutical supply chain with AI-based ERP solutions for seamless operations and regulatory compliance

Mare Custos — develops advanced underwater robots for marine inspections, providing the maritime industry with precise data

Markopolo — offers AI-driven personalized marketing solutions to enhance customer engagement and increase conversion rates

NeonRain — enables gamers to create and monetize user-generated content, transforming gameplay and community engagement

Nuzul — simplifies property management through a digital platform for listing real estate for sale, renting, and payment processing

Porte — enhances hotel guest service quality with a digital concierge platform offering real-time services and upselling opportunities

Sampo AI — optimizes pricing using AI for e-commerce, increasing profitability through real-time adjustments

Teammates.ai — leverages AI-powered virtual assistants to fully automate various work functions across multiple channels

Twinn Health — uses AI-based MRI scanning for early detection of potential health risks, promoting proactive health management.

To date, KAUST’s entrepreneurship ecosystem has supported 374 startups, which have attracted $648 million in investments, generated $428 million in revenue, and created over 4,500 jobs. Their current valuation stands at $1.8 billion.

Source: kaust.edu.sa