Day: October 25, 2023

NEOM Invests In Regent Series A To Expedite Electric Seaglider Development

NEOM, the smart and sustainable regional development in northwest Saudi Arabia, announced today it, through the NEOM Investment Fund (NIF), has closed an investment into REGENT, the US-based electric seaglider manufacturer. The investment positions NEOM as the largest single contributor in REGENT’s Series A round, enabling the company to take its technology to the next

NEOM Investment Fund Invests USD 100M In Pony.AI To Activate Autonomous Vehicles In NEOM And Across The Middle East

NEOM, the smart and sustainable regional development in northwest Saudi Arabia, announces an investment of USD 100 million, through the NEOM Investment Fund (NIF), into Pony.ai, a leading global autonomous driving company. Additionally, a joint venture will be established for autonomous technology solutions for the region. Through the joint venture, NEOM and Pony.ai will develop,

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