Top Startup Accelerators in Dhahran

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

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.
Location | King Fahd University of Petroleum and Minerals Dhahran 31261, Saudi Arabia |
Founder | Dhahran Techno Valley Holding Company (DTVC), a wholly owned subsidiary of King Fahd University of Petroleum and Minerals (KFUPM) |
Year founded | 2016 |
Active Status | Active |
Industries | Energy, Sustainability, Deep-tech |
Portfolio Size | N/A |
Investment Stage | Early-stage (Seed, Pre-seed) |
Number of Investments | 9 |
Phone Number | +966 13 860 7200 |
Contact Email | [email protected] |
Website | https://www.dtvc.com.sa/ |
https://www.linkedin.com/company/dhahran-techno-valley-dtvc- |
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.
Location | Dhahran, Saudi Arabia |
Founder | King Fahd University of Petroleum and Minerals (KFUPM) Entrepreneurship Institute |
Year founded | 2017 |
Active Status | Active |
Industries | Technology |
Investment Stage | Pre-seed, Seed |
Phone Number | +966 13 8607781 |
Contact Email | [email protected] |
Website | https://ei.kfupm.edu.sa/our-programs/eel-acceleration-program/ |
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.
Location | Dhahran, Saudi Arabia |
Founder | King Fahd University of Petroleum and Minerals (KFUPM) |
Year founded | 2011 |
Active Status | Active |
Industries | Technology, Manufacturing, Digital Economy |
Investment Stage | Pre-seed, Seed |
Number of Exits | N/A |
Number of Investments | N/A |
Phone Number | +966 13 8607781 |
Contact Email | [email protected] |
Website | https://ei.kfupm.edu.sa/our-centers/center-for-business-incubators/ |
https://www.linkedin.com/school/eikfupm/ |
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.
Location | Dhahran, Saudi Arabia |
Founder | King Fahd University of Petroleum and Minerals (KFUPM) |
Active Status | Active |
Industries | Innovation-Driven Entrepreneurship, Technology Commercialization |
Investment Stage | Pre-seed, Seed |
Phone Number | +966 13 8607781 |
Contact Email | [email protected] |
Website | https://ei.kfupm.edu.sa/our-programs/kfupm-exponential/ |
https://www.linkedin.com/school/eikfupm/ |
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.
Location | Dhahran, Saudi Arabia |
Founder | Saudi Aramco |
Year founded | 2024 |
Active Status | Active |
Industries | Sustainability, Manufacturing, Digital, Industrial, Social Innovation |
Investment Stage | Pre-seed, Early-stage |
Website | https://lab7.com.sa/ |
https://www.linkedin.com/company/lab7-sa |
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.
Location | Dhahran, Saudi Arabia |
Founder | Startupbootcamp, in partnership with Dhahran Techno Valley Company (DTVC) |
Year founded | 2024 |
Active Status | Active |
Industries | Energy, Sustainability, ClimateTech, Circular Economy, Water Management, Energy Storage, Predictive Maintenance |
Portfolio Size | Over €2.5 billion |
Investment Stage | Seed |
Number of Exits | 37 |
Number of Investments | 1,457 |
Contact Email | [email protected] |
Website | https://www.startupbootcamp.org/accelerator/energy-sustainability |
https://www.linkedin.com/company/startupbootcamp |
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.
Location | Based in Thuwal, with activities in Dhahran |
Founder | KAUST and SABB partnership |
Year founded | 2016 |
Active Status | Active |
Industries | Energy, FinTech, Health, Agriculture, Multi-sector |
Portfolio Size | 270+ startups |
Investment Stage | Early-stage, Deep tech |
Number of Investments | 145 |
Contact Email | [email protected] |
Website | https://taqadam.kaust.edu.sa/ |
https://www.linkedin.com/company/taqadam/ |
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.
Location | 8783 Ibn Alhaitham, Dhahran Techno Valley (DTV) Dhahran 34464 |
Founder | Saudi Aramco |
Year founded | 2013 |
Active Status | Active |
Industries | Deep Tech, Artificial Intelligence, Quantum Computing, Drones, Fintech, AgTech, HealthTech, EdTech, Sustainability, Cloud Computing, Manufacturing, Social Innovation |
Portfolio Size | Over 75 startups |
Investment Stage | Seed to Series C |
Number of Investments | Over 75 investments, with approximately $270 million deployed as of 2024 |
Phone Number | N/A |
Contact Email | [email protected] |
Website | https://www.waed.net/ |
https://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.