The map·Saudi Arabia·Accelerators & incubators

Newlab Riyadh — Mining Innovation Studio

Venture studio at Newlab Riyadh focused on mining innovation — run by Newlab with partners NIDLP, the Ministry of Industry and Mineral Resources, Maaden, ESNAD and SGS (launched Jan 2025).

What
Targeted investment.
Who
Tech companies or established mining companies.
Cost
No equity — targeted investment
From abroad
Open to companies from outside Saudi Arabia All programmes open to founders from abroad →
Status
Active

Checked · September 2026 · newlab.com/locations/riyadh · How we check ↗

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In detail

Newlab Riyadh — Mining Innovation Studio is a government innovation studio in Saudi Arabia. Venture studio at Newlab Riyadh focused on mining innovation — run by Newlab with partners NIDLP, the Ministry of Industry and Mineral Resources, Maaden, ESNAD and SGS (launched Jan 2025). Open call for tech companies and established mining players; logistics, energy and advanced-manufacturing studios are announced as future programmes.

Amount
Targeted investments — terms not published
Terms
No equity
Eligibility
Tech company or established mining company
Sectors
Mining innovation (logistics, energy, advanced manufacturing announced as future studios)
Status
Active

What the source says

“This public-private initiative aims to attract top talent and startups from around the world to develop, test, and scale new technologies in KSA”

newlab.com/ksamining · seen September 2026

“2025 was a year of growth for Newlab and our 400+ member companies around the world.”

newlab.com/locations/riyadh · seen September 2026

“Newlab Riyadh sits at the center of a generational industrial transformation underway in Saudi Arabia and across the region.”

newlab.com/locations/riyadh · seen September 2026

“Newlab will work with foreign and domestic partners to source direct investments alongside commercialization activity.”

newlab.com/locations/riyadh · seen September 2026

“A network of industrial pilot sites and assets designed to enable testing and deployment of solutions in our sectors of focus, centered at a hub in Riyadh.”

newlab.com/locations/riyadh · seen September 2026

Closing soon on the map

Cultural Development Fund (CDF)

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SAR 100,000 development funding, earmarked rather than paid as cash.
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Equity — 1.5% deferred SAFE-style stake
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—

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All accelerators & incubators in Saudi Arabia →  ·  Across the Gulf →

More programmes that take no equity →

Sources

Primary source · newlab.com/locations/riyadh · Checked September 2026

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