National Technology Development Program, Kingdom of Saudi Arabia

Encourages and supports national companies in the IT and emerging technologies sector to increase its local market share and global exports.

Ibrahim Neyaz

CEO

5 past transactions

Lucidya

Grant in 2025
Lucidya, LLC is a software as a service (SaaS) company specializing in social media monitoring and analytics. Founded in 2015 and headquartered in Jeddah, Saudi Arabia, Lucidya offers a platform that enables organizations to detect and analyze social media trends, track hashtags, and access brand statistics through an interactive dashboard. It provides features such as real-time alerts, automated reporting, competitive analysis, and benchmarking. The company's unique AI and Arabic natural language processing technologies allow for accurate analysis of interactions in the Arabic language, positioning it as a leading tool in the MENA region. Lucidya serves a diverse clientele, including agencies, brands, non-profit organizations, and media entities, and has expanded its reach beyond Saudi Arabia to over six countries, catering to various industries such as telecommunications, banking, automotive, and retail.

LIVSHO

Grant in 2024
LIVSHO is a live shopping platfrom enabling buyers and sellers to engage in an interactive live & social commerce experience!

H2O Hospitality

Grant in 2024
H2O Hospitality, Ltd. is a hospitality management company based in Seoul, South Korea, specializing in the Korean and Japanese markets. Established in 2015, it is recognized as the largest vacation rental management company in its region. H2O Hospitality offers a range of services including profit management, housekeeping and facility management, customer call response, online sales and marketing, as well as reservation and inventory management. The company utilizes an innovative property management system (PMS) that automates operational flows by linking calendars between guests, rooms, and housekeepers, thereby significantly reducing fixed operational costs and enhancing facility yield. Additionally, H2O Hospitality provides digital management solutions to streamline operations for vacation rental properties, facilitating bookings from various online travel agencies and optimizing customer attraction.

LiaPlus AI

Pre Seed Round in 2023
LiaPlus AI develops an AI-driven platform that enables businesses to hire virtual assistants for customer support. These AI employees use natural language processing to handle customer queries, generate leads, and engage users, all while ensuring end-to-end data encryption for security. The platform offers a comprehensive solution for businesses to meet their customer support and marketing needs.

Lisan

Non Equity Assistance in 2023
Lisan is a technology company that develops an AI-powered writing platform, specializing in Arabic language support. Its core offerings include advanced proofreading and grammar checking tools, along with generative AI models to enhance content creation and AI accelerators for task automation, thereby boosting productivity for Arabic writers.
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