The KAUST Innovation Fund, formerly known as the Seed Fund, supports the University’s pipeline of technology-based startup projects and companies. It also invests in high-profile international technology companies willing to establish their operations in Saudi Arabia and to benefit from synergies with KAUST research activities. The new fund is one of the very few players in Saudi Arabia making venture capital investments in technology-based startups from seed (less than $200,000) to early-stage (up to $2 million).