National Technology Development Program
Overview
The National Technology Development Program (NTDP) is a Saudi Arabian national program launched in 2020 with a budget of SAR 2.5 billion. Its goal is to strengthen the information technology sector and transform Saudi Arabia into a leading global technology hub by 2030. The program provides support through various initiatives, including financial incentives, venture debt, grants, and accelerator programs to empower entrepreneurs and support tech companies at various stages of development. It collaborates with government entities, universities, and the private sector to foster innovation and growth in the Kingdom's tech ecosystem.
Portfolio Companies
12
Website
ntdp.gov.saInvestments
| Company | Date | Stage | Lead |
|---|---|---|---|
| UnlockLand | Jul 2025 | Seed | Co-investor |
| Byzanlink | Jun 2025 | Private Equity | Co-investor |
| Kneron | Jun 2025 | Grant | Lead |
| RedBox SA | Apr 2025 | Debt | Co-investor |
| Lucidya | Apr 2025 | Grant | Co-investor |
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Sector & Stage Mix
Industry, funding stage, and valuation band breakdowns.
FAQ
Where is National Technology Development Program based?
National Technology Development Program is headquartered in Saudi Arabia.
When was National Technology Development Program founded?
Founding year information for National Technology Development Program is not publicly available.
How many portfolio companies does National Technology Development Program have?
National Technology Development Program has 12 portfolio companies in Caplight's dataset.
What are some companies in National Technology Development Program's portfolio?
Recent investments visible on Caplight include UnlockLand, Byzanlink, Kneron, RedBox SA, Lucidya.
What was National Technology Development Program's most recent investment?
National Technology Development Program's most recent investment on Caplight was in UnlockLand in 2025.
What sectors does National Technology Development Program focus on?
National Technology Development Program focuses on Crypto & Web3, Mobility, Transportation & Logistics, Cybersecurity, Real Estate & PropTech, Enterprise Software, AI, Data & Cloud Infrastructure, Telecommunications & Networking, Frontier & Industrial Tech, Energy & Sustainability, Enterprise Software, Crypto & Web3, FinTech, AI, Data & Cloud Infrastructure, Enterprise Software, AI, Data & Cloud Infrastructure, Frontier & Industrial Tech, Frontier & Industrial Tech, Mobility, Transportation & Logistics, AI, Data & Cloud Infrastructure, Frontier & Industrial Tech, Enterprise Software, Enterprise Software, Consumer & Commerce.
What company stages does National Technology Development Program focus on?
National Technology Development Program typically invests at the MultiStage stage.