CyberME Studios Signs Memorandum of Understanding with Nova Cyber Ventures and Z-ONE 

CyberME Studios, Nova Cyber Ventures, and Z-ONE Global reached a memorandum of understanding to transfer emerging cybersecurity technologies from China to Saudi Arabia and the Middle East market.

Nawaf Al-Musibih, the Chief Product Officer at CyberME Studios, stated, “We at CyberME Studios are pleased to announce our agreement aimed at transferring the latest Chinese cybersecurity technologies to Saudi Arabia. This will enhance our local capabilities, contribute to global knowledge transfer, and create a secure digital environment.

We are confident that this partnership will open new horizons for collaboration and support our efforts in building advanced local cybersecurity companies.”

Bruce Zhang, CEO of Z-ONE, commented, “The old ways of managing cybersecurity risks, which rely on a single perspective, are no longer sufficient.

Tech leaders in Saudi Arabia need new and diverse cybersecurity technologies to enhance existing systems. Chinese cybersecurity technology has matured through decades of challenges.

Z-ONE’s mission is to showcase the power of Chinese cybersecurity technologies to the world, and we are proud to partner with CyberME Studios and contribute to information security in the Saudi region.”

John Zhou, CEO of Nova Cyber Ventures, expressed his satisfaction with the agreement, stating, “As an investment firm dedicated to cybersecurity, Nova Cyber Ventures constantly seeks to explore global opportunities.

With Saudi Arabia’s Vision 2030 and rapid digitalization, we see significant growth potential in the cybersecurity markets of Saudi Arabia and the Middle East and North Africa (MENA) region. Meanwhile, Chinese cybersecurity technologies have matured to a globally competitive level.

Partnering with Z-ONE, NCV will explore various collaboration models with CyberME. This initiative will not only enrich the Saudi cybersecurity market but also uncover new opportunities for Chinese cybersecurity companies and investors interested in the Saudi and MENA markets.”

As China’s cybersecurity technology has evolved over the years, the total size of the cybersecurity market has exceeded $15 billion.

This growth has led to the emergence of over 1,000 companies offering more than 160 different products.

Leading Chinese tech companies are expanding beyond local borders into the global market, providing cybersecurity products and services to users worldwide.

This global expansion aims to combat cyber threats and protect the security of the digital ecosystem.

CyberME Studios is the first and largest business studio in Saudi Arabia dedicated to building and launching startups in the fields of cybersecurity and fintech.

With a proven track record of successfully launching and growing innovative projects, CyberME Studios offers comprehensive startup building processes, technical resources and support, go-to-market strategies, expansion strategies, marketing and branding services, and many other administrative services aimed at developing startups and defining their future success.

Nova Cyber Ventures specializes in investing in early-stage cybersecurity startups, providing integrated support that includes market acceleration, financial consulting, access to major cybersecurity companies, Chief Information Security Officers (CISOs), and other industry resources to accelerate the growth of these startups. NCV focuses on being the preferred pioneering partner for exceptional entrepreneurs, enhancing cybersecurity development through its active participation.

Z-ONE is the first market research and acceleration institution focused on the cybersecurity industry in China.

Z-ONE offers investments and funding for early-stage startups, strategic business consulting, competitive product research and analysis for both local and international markets, business acceleration services, and more.

Additionally, Z-ONE provides consulting and services for strategic mergers and acquisitions for cybersecurity companies, international business exploration, post-investment management, and other services in the security industries.

Looking ahead, CyberME Studios, Nova Cyber Ventures, and Z-ONE will collaborate extensively to explore diverse collaboration models in the fields of cybersecurity and venture capital investments, bringing Chinese cybersecurity technology capabilities to partners and clients in Saudi Arabia and the broader Middle East market. These efforts aim to transfer expertise, develop local talents, and achieve mutual growth in these areas.