FII

Plug and Play Expands Its Support for Startups in Saudi Arabia

In an interview conducted by the entArabi team during the Future Investment Initiative (FII8) conference, Mohammed Al-Aqeel, Director of Plug and Play in Saudi Arabia, discussed the company’s participation in the event. He noted it was a highly effective and fruitful experience, stating, “The conference featured a large audience and a strong presence of startups from various sectors. We witnessed an excellent synergy among participants from different countries, reflecting the growing importance of the Saudi market in investment and innovation.”

Plug and Play Investments in Saudi Arabia:

Regarding investment plans, Al-Aqeel explained that Plug and Play aims to support as many startups as possible in the Kingdom. “So far, we have invested in ten startups in the Saudi market, and we are looking forward to more successful partnerships,” he said. He added that the company seeks to enhance entrepreneurship and innovation in the region by offering financial and advisory support to promising companies.

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