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Top Startup Accelerators in Dhahran

Top Startup Accelerators in Dhahran
Malaz Madani
Malaz Madani

7 min

If you’re a founder eyeing Saudi Arabia for your next funding round, Dhahran belongs on your shortlist. Once just the land of oil, it’s now buzzing with early-stage startups, serious accelerators, and academic swagger.

Whether you need elbow room to build your MVP or just want your pitch deck to land in front of the right angel investors, the Dhahran startup ecosystem is surprisingly well connected—think university-backed incubators, corporate connections, big labs, and VC funding all within arm’s reach. Here’s a rundown of the main accelerators making waves right now, in case you fancy some real support before the term sheet slides across the table.

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Accelerators LIST (A–Z)


DTV Ventures

Top Startup Accelerators in Dhahran - DTV Ventures

Sat right inside Dhahran Techno Valley Science Park, DTV Ventures hooks up early-stage startups in deep-tech—think energy and sustainability, mostly—with everything from seed funding to proper lab facilities and co-development deals. They’re plugged in to over 30 global firms onsite, plenty of which have a habit of investing or partnering if you show promise. If your cap table looks a bit thin, they’ll help you bulk it up, and you’ll be working shoulder-to-shoulder with bright sparks from around the world.

LocationKing Fahd University of Petroleum and Minerals
Dhahran 31261, Saudi Arabia
FounderDhahran Techno Valley Holding Company (DTVC), a wholly owned subsidiary of King Fahd University of Petroleum and Minerals (KFUPM)
Year founded2016
Active StatusActive
IndustriesEnergy, Sustainability, Deep-tech
Portfolio SizeN/A
Investment StageEarly-stage (Seed, Pre-seed)
Number of Investments9
Phone Number+966 13 860 7200
Contact Email[email protected]
Websitehttps://www.dtvc.com.sa/
LinkedInhttps://www.linkedin.com/company/dhahran-techno-valley-dtvc-

Entrepreneurial Emerging Leaders (EEL) Acceleration Program

Top Startup Accelerators in Dhahran - Entrepreneurial Emerging Leaders (EEL) Acceleration Program

This is KFUPM’s way of showing that academia and startups can actually get along. The EEL program backs student, faculty and local entrepreneurs itching to build tech startups, offering incubation, specialist mentoring, and access to the elusive Keys of Goodness fund for early grant capital. It’s been the launchpad for some of Dhahran’s best-known success stories—IR4LAB and Meem Web Solutions, just for starters. You’ll get support on everything from IP headaches to MVP development and, if you’re lucky, the kind of business plan that actually stands up under investor grilling.

LocationDhahran, Saudi Arabia
FounderKing Fahd University of Petroleum and Minerals (KFUPM) Entrepreneurship Institute
Year founded2017
Active StatusActive
IndustriesTechnology
Investment StagePre-seed, Seed
Phone Number+966 13 8607781
Contact Email[email protected]
Websitehttps://ei.kfupm.edu.sa/our-programs/eel-acceleration-program/

KFUPM Center for Business Incubators

Top Startup Accelerators in Dhahran - KFUPM Center for Business Incubators

Tucked inside the university, this incubator offers more than just a desk—it’s got proper lab space, business coaching, and even 15 hours of legal help a month courtesy of Mohaimeed Law Firm. Startups score $8,000 in AWS credits and a shot at the Keys of Goodness grants, with the focus on getting your prototype in the hands of investors who don’t mind rolling the dice on early-stage ideas. In a city obsessed with energy, these guys welcome innovators from just about any sector, especially if you’re spinning something out of university research.

LocationDhahran, Saudi Arabia
FounderKing Fahd University of Petroleum and Minerals (KFUPM)
Year founded2011
Active StatusActive
IndustriesTechnology, Manufacturing, Digital Economy
Investment StagePre-seed, Seed
Number of ExitsN/A
Number of InvestmentsN/A
Phone Number+966 13 8607781
Contact Email[email protected]
Websitehttps://ei.kfupm.edu.sa/our-centers/center-for-business-incubators/
LinkedInhttps://www.linkedin.com/school/eikfupm/

KFUPM EXPONENTIAL

Top Startup Accelerators in Dhahran - KFUPM EXPONENTIAL

If you want hands-on experience building your MVP (with the scars to prove it), EXPONENTIAL covers the full journey: innovation, product, pitch presentation to VCs, the lot. Run by the entrepreneurship crowd at KFUPM, it leans heavily on mentorship from industrial types and business minds, not just tutors. Expect a lot of practical graft and the kind of feedback you wish you’d had the first time your pitch deck bombed.

LocationDhahran, Saudi Arabia
FounderKing Fahd University of Petroleum and Minerals (KFUPM)
Active StatusActive
IndustriesInnovation-Driven Entrepreneurship, Technology Commercialization
Investment StagePre-seed, Seed
Phone Number+966 13 8607781
Contact Email[email protected]
Websitehttps://ei.kfupm.edu.sa/our-programs/kfupm-exponential/
LinkedInhttps://www.linkedin.com/school/eikfupm/

LAB7

Top Startup Accelerators in Dhahran - LAB7

LAB7 is Aramco’s own big bet on early innovation before the VC sharks get involved. Based in Dhahran, this is where would-be disruptors show off game-changing ideas, especially in sustainability, manufacturing, digital, and social innovation. If you’re pre-seed and looking for somewhere to incubate that mad idea no one else “gets” yet, they might just hand you the keys to their own industrial sandbox. Basically, impress here and you’ll have a shot at bigger coin from Wa’ed Ventures next door.

LocationDhahran, Saudi Arabia
FounderSaudi Aramco
Year founded2024
Active StatusActive
IndustriesSustainability, Manufacturing, Digital, Industrial, Social Innovation
Investment StagePre-seed, Early-stage
Websitehttps://lab7.com.sa/
LinkedInhttps://www.linkedin.com/company/lab7-sa

Startupbootcamp Energy and Sustainability Accelerator

Top Startup Accelerators in Dhahran - Startupbootcamp Energy and Sustainability Accelerator

Global accelerator Startupbootcamp has teamed up with Dhahran Techno Valley Company to run a sharp, three-month bootcamp for energy and climate-tech startups. Founders get $100K support—half cash, half in-kind—plus direct access to industry titans like Aramco and SABIC. You’ll rub shoulders with genuine experts, work on real-world pilot projects, and plug in to a wider network of VC funding and angels, even beyond Saudi. They’re big on resource conservation, water management, circular economy… basically, if your tech feels “future,” you’re in the right room.

LocationDhahran, Saudi Arabia
FounderStartupbootcamp, in partnership with Dhahran Techno Valley Company (DTVC)
Year founded2024
Active StatusActive
IndustriesEnergy, Sustainability, ClimateTech, Circular Economy, Water Management, Energy Storage, Predictive Maintenance
Portfolio Size Over €2.5 billion
Investment StageSeed
Number of Exits37
Number of Investments1,457
Contact Email[email protected]
Websitehttps://www.startupbootcamp.org/accelerator/energy-sustainability
LinkedInhttps://www.linkedin.com/company/startupbootcamp

TAQADAM Accelerator (KAUST)

Top Startup Accelerators in Dhahran - TAQADAM Accelerator (KAUST)

Even though its HQ is in Thuwal, TAQADAM has active reach in Dhahran and shouldn’t be ignored. They’ve supported over 270 startups so far and help founders land up to $140,000 in non-dilutive funding—no awkward cap table wrangling here. The six-month programme is hybrid: online sessions, with the odd in-person workshop if you’re local. Great track record: nearly $300M in investments secured, over 3500 jobs created. Whether you’re in energy, fintech, health, agri-tech, or you just refuse to fit in a box, TAQADAM has seen it all. They do run a tight ship though—getting in is competitive, so have your best pitch ready.

LocationBased in Thuwal, with activities in Dhahran
FounderKAUST and SABB partnership
Year founded2016
Active StatusActive
IndustriesEnergy, FinTech, Health, Agriculture, Multi-sector
Portfolio Size270+ startups
Investment StageEarly-stage, Deep tech
Number of Investments145
Contact Email[email protected]
Websitehttps://taqadam.kaust.edu.sa/
LinkedInhttps://www.linkedin.com/company/taqadam/

Wa’ed Ventures

Top Startup Accelerators in Dhahran - Wa’ed Ventures

Wa’ed Ventures is Aramco’s venture capital powerhouse, dropping over $100 million into 50+ portfolio companies since 2013. If you’re building in Saudi (or adapting a global solution for the local ecosystem), they’re worth pursuing. They span digital, sustainability, manufacturing, and social innovation—so not just the oil crowd. Plug into their pipeline at seed or growth stage, and you’ll get more than cash: there’s a path from Aramco’s earliest innovation lab all the way up to Series A, and often a term sheet arrives before you’ve finished your tea. Portfolio standouts range from AI logistics to smart manufacturing—deep pockets, sharp support, no faffing about.

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Location8783 Ibn Alhaitham, Dhahran Techno Valley (DTV) Dhahran 34464
FounderSaudi Aramco
Year founded2013
Active StatusActive
IndustriesDeep Tech, Artificial Intelligence, Quantum Computing, Drones, Fintech, AgTech, HealthTech, EdTech, Sustainability, Cloud Computing, Manufacturing, Social Innovation
Portfolio SizeOver 75 startups
Investment StageSeed to Series C
Number of InvestmentsOver 75 investments, with approximately $270 million deployed as of 2024
Phone NumberN/A
Contact Email[email protected]
Websitehttps://www.waed.net/
LinkedInhttps://www.linkedin.com/company/waed-ventures

It’s impossible to miss how much Dhahran’s accelerator scene has shifted in just a few years—there’s no shortage of VC funding, mentorship options, or scale-up opportunities if you’re ready to graft. Strong links to universities keep the pipeline fresh, while Saudi Aramco’s involvement draws serious investors and attention. The best bit for founders is that you don’t need to go it alone: you’ll find community, structure, and the odd bit of grit in every cohort. For more deep dives and honest startup takes, Arageek is always worth a scroll—just watch out for the odd typo, we’re only human afterall.

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