NEOM Investment Fund

NEOM Investment Fund The NEOM Investment Fund is unlike anything else in venture capital. an $80B (300 billion riyals, 2022) fund backing the $500B NEOM megacity development in Saudi Arabia, arguably the world's most ambitious city project. The investment mandate spans 14 sectors including biotech, energy, manufacturing, health, mobility, and technology, with notable deep tech bets including Regent (electric seagliders), Pony.ai (autonomous mobility), and Boom Technology (supersonic aerospace).