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Outlier Ventures, NTDP and NEOM conclude the first deep tech Web3 accelerator program in Riyadh


The first FutureSpark Base Camp in Riyadh has been successfully completed by Outlier Ventures, the top deep tech Web3 accelerator in the world. With assistance from NEOM, the program was carried out in close collaboration with Saudi Arabia's National Technology Development Program (NTDP), offering participants vital resources and knowledgeable direction.

As part of Outlier Ventures' mission to expand the Web3 ecosystem globally and spur innovation in the region, the FutureSpark Base Camp was the first deep-tech Web3 accelerator in Saudi Arabia. With an acceptance rate of less than 2%, the FutureSpark Base Camp application process was incredibly competitive.

Teams from Saudi Arabia, the United States, the United Kingdom, the United Arab Emirates, Portugal, and the Marshall Islands were among the cohort's members.

Founded in 2014, Outlier Ventures is the world's leading Web3 accelerator, with a renowned reputation as the go-to authority for Web3 founders, investors and partners across its Base Camp accelerator program and Ascent token launch program. With a portfolio of over 350 global investments and a combined network with a combined network value of USD 11 billion, Outlier Ventures has helped raise USD 1 billion in seed funding. 

Read the full story at Zawya