- Rimal Semiconductors announces securing a strategic investment from KDTF to strengthen Saudi Arabia’s position in future industries
- The investment, provided by the Deep Tech Fund (KDTF), supports the localization of power chip design and the development of an integrated semiconductor ecosystem within Saudi Arabia.
Saudi-based Rimal Semiconductors, a fabless company specializing in power semiconductor design, has secured a strategic investment from the Deep Tech Fund (KDTF), which is managed by Kahilan Asset Management.
The investment aims to support startups operating in advanced technologies and future industries.
Through the new investment, Rimal seeks to expand its plans to localize power chip design and build an integrated semiconductor ecosystem within Saudi Arabia, while developing local supply chains and forging strategic partnerships across the energy, transportation, and industrial sectors.
Hossam Salem, CEO of Rimal Semiconductors, stated that the company aims to help transform Saudi Arabia from a consumer of technology into a producer and developer, leveraging the semiconductor sector that underpins many advanced industries.
Meanwhile, Dr. Ahmed Abdel Hamid, CEO of Kahilan Asset Management, explained that the investment in Rimal reflects the fund’s confidence in the company’s ability to address semiconductor supply chain challenges in the region.
He emphasized that the founders’ strong technical and financial expertise is a decisive factor in building a company capable of competing regionally and globally.
Founded in 2025, Rimal Semiconductors specializes in the design of MOSFET, SiC, IGBT, and GaN chips, with a focus on localizing intellectual property and engineering expertise in the semiconductor field within the Kingdom.
The company aspires to become a regional hub for power chip design in the Middle East, capitalizing on the growing global demand for advanced energy solutions and high-efficiency electronic technologies.
This investment represents a new step toward building a national semiconductor industry in Saudi Arabia, amid accelerating global competition to acquire chip-related technologies, widely regarded as one of the key drivers of economic growth in the coming decades.














