Beta Lab, VC and co-creation studio, taps into global bioscience startups

Beta Lab, VC and co-creation studio, taps into global bioscience startups

Beta Lab, a VC and co-creation studio for startups, was officially launched in partnership with the Saudi Ministry of Investment, Future Investment Initiative Institute (FII), KBW Ventures, and a number of global partners including Berkeley Research Group, San Diego State University, Ukraine Unit City, and Epiphany. The studio will be dedicated to fostering the growth of deep technology startups from around the region and the globe.

The new studio will provide a range of services to help entrepreneurs turn their innovative ideas into successful businesses. These services include product development, business development, capital, and more. The studio's team of experienced professionals will work closely with each startup to help them navigate the unique challenges of the startup lifecycle.

"Beta Lab's launch is in line with the Kingdom's Vision 2030, which aims to diversify the economy and support the growth of innovative startups," said His Excellency, the Minister of Investment, Khalid Al-Falih. "We are confident that the studio's focus on deep technology will bring significant value to the Kingdom's startup ecosystem and help drive economic growth.”