Business Incubators and Accelerators Company(BIAC Incubators)

BIAC Incubators is a company that specializes in setting up, operating, maintaining, and managing business incubators and accelerators, as well as providing support for entrepreneurship, innovation programs, and technology transfer. They offer project management services, specialized consultations, and training to enhance human resource capabilities. BIAC aims to contribute to the growth of the innovation and entrepreneurship environment, supporting emerging technology companies in alignment with the goals of Kingdom 2030. Their focus is on supporting entrepreneurship and small to medium enterprises to increase their contribution to the GDP.

Nawaf Al Sahhaf

CEO

5 past transactions

Quant Data & Analytics

Seed Round in 2020
Quant Data & Analytics is a consultancy company based in Riyadh, Saudi Arabia, founded in 2015. The firm specializes in data science and offers a range of services including data analytics, business intelligence, artificial intelligence, and machine learning. Its expertise extends to data collection, quality management, predictive analytics, and analytics training. Quant aims to empower businesses and government entities by providing them with the tools and insights necessary to become data-driven, thus enhancing operational efficiency and decision-making capabilities. Additionally, the company develops a data analytics platform that facilitates project and data management, analytics, and data aggregation, enabling clients to address operational and strategic challenges effectively.

Saee

Series A in 2020
Saee is a last-mile delivery startup based in Jeddah. The company has developed a delivery platform that facilitates the transportation of parcels from various e-commerce stores to consumers. Users can place orders online through an application, after which delivery agents collect the parcels from physical retail locations and transport them to the designated delivery addresses. By streamlining the delivery process, Saee enables clients to efficiently and safely reach their customers.

DokkanAfkar

Series B in 2019
DokkanAfkar.com was created by a group of passionate guys who love and appreciate creativity, design and ideas. It was created to enable customers to buy cool unique products with ideas that are fun, unusual and unique. Our products have a focus on fun, uniqueness, defiantly clever, and entertaining products.

Resal

Seed Round in 2019
Resal is a digital solutions provider that connects merchants, companies, and individuals through innovative platforms designed to manage and exchange loyalty points, prepaid cards, and vouchers. Founded in 2018, Resal aims to simplify the gifting process by offering a diverse selection of gifts, including flowers, chocolates, and accessories. The company's platform enables customers to digitize the gifting experience, delivering end-to-end services tailored for consumers, corporations, and retailers. Through these offerings, Resal enhances the way people engage with loyalty programs and gifting, making transactions seamless and more accessible.

Lucidya

Series A in 2019
Lucidya, LLC is a software as a service (SaaS) company based in Riyadh, Saudi Arabia, founded in 2016. It specializes in social media monitoring and analytics, offering a platform that enables organizations to detect and analyze spikes in social media activity, track trending hashtags, and access brand statistics through an interactive live dashboard. Lucidya's solution includes real-time alerting, automated reporting, competitive analysis, and benchmarking, making it valuable for a diverse range of clients, including agencies, brands, non-profit organizations, and media industries. Leveraging proprietary artificial intelligence and Arabic natural language processing technologies, Lucidya provides accurate analysis of social media interactions in Arabic, establishing itself as a leading tool in the MENA region. The company has successfully expanded its customer base beyond Saudi Arabia to over six countries, serving various sectors such as telecommunications, banking, automotive, and retail.
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