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KAUST startup NOMADD secures investment from CEPCO

KAUST · Dec 12

KAUST spin-out company NOMADD, which specializes in robotic PV cleaning systems, has secured a Series B investment from Saudi construction company CEPCO. The investment will support NOMADD's project pipeline and growth ambitions, enabling them to scale operations and serve more customers. CEPCO will also advise on technology development and local manufacturing in Saudi Arabia. Why it matters: This investment validates KAUST's innovation fund strategy and supports the deployment of sustainable energy solutions in the region, leveraging local expertise and manufacturing.

UAE-based The Black Box announces project pipeline exceeding $10 million following participation at MIITE 2026 - Khaleej Times

Khaleej Times · May 8

UAE-based company The Black Box announced a project pipeline valued at over $10 million. This announcement followed the company's participation at MIITE 2026. The pipeline signifies significant business growth and expansion for the firm. Why it matters: This highlights continued investment and expansion within the UAE's technology sector, underscoring the regional market's dynamism.