{"id":83799,"date":"2026-09-07T14:14:42","date_gmt":"2026-09-07T11:14:42","guid":{"rendered":"https:\/\/saudishopper.com.sa\/en\/leap-2026-riyadh-fifth-edition-concludes\/"},"modified":"2026-09-07T14:14:45","modified_gmt":"2026-09-07T11:14:45","slug":"leap-2026-riyadh-fifth-edition-concludes","status":"publish","type":"post","link":"https:\/\/saudishopper.com.sa\/en\/leap-2026-riyadh-fifth-edition-concludes\/","title":{"rendered":"LEAP 2026 Concludes Fifth Edition in Riyadh With 1 Million Dollars in Startup Prizes"},"content":{"rendered":"<p class=\"wp-block-paragraph\">The LEAP 2026 technology conference concluded its fifth edition in <a href=\"\/category\/economy\/\">Riyadh<\/a> following four days of commercial agreements, startup pitches, and international networking. Organizers awarded 1 million dollars across seven startup prizes during the final Rocket Fuel competition on September 3, 2026.<\/p><p class=\"wp-block-paragraph\">The event drew 1,323 speakers and 1,397 investors representing 1,027 firms across 72 countries, managing a collective 18.3 trillion dollars in assets. More than 1,500 exhibitors participated in the conference, including over 750 global companies.<\/p><figure class=\"wp-block-image\"><img decoding=\"async\" src=\"https:\/\/saudishopper.com.sa\/en\/wp-content\/uploads\/2026\/09\/leap-2026-riyadh-tech-conference-finale-inline-1.webp\" alt=\"LEAP 2026 main stage during the startup competition finale\"\/><\/figure><h2 class=\"wp-block-heading\">Rocket Fuel Competition Winners<\/h2><p class=\"wp-block-paragraph\">The Rocket Fuel Finale featured 10 startup finalists selected from a cohort of 100 semi-finalists across 25 countries. Finalists presented their projects live on stage to secure capital from the prize pool.<\/p><p class=\"wp-block-paragraph\">Cameroon-based digital health firm Waspito secured the 250,000-dollar main prize. The company connects healthcare payers, providers, and patients through digital consultations and administrative tools in <a href=\"\/category\/health-tech\/\">health<\/a> systems.<\/p><p class=\"wp-block-paragraph\">Six additional category prizes were awarded during the ceremony:<\/p><ul class=\"wp-block-list\"><li>Imagine Devices received the 150,000-dollar Shooting Star Award.<\/li><li>Ferveret secured the 150,000-dollar Scaling Star Award.<\/li><li>SarsatX won the 150,000-dollar Into New Worlds Award.<\/li><li>Melt Water earned the 150,000-dollar Tech for Humanity Award.<\/li><li>Carevision claimed the 100,000-dollar Landing Award.<\/li><li>Kanz received the 50,000-dollar Founder Award chosen by the audience.<\/li><\/ul><figure class=\"wp-block-image\"><img decoding=\"async\" src=\"https:\/\/saudishopper.com.sa\/en\/wp-content\/uploads\/2026\/09\/leap-2026-riyadh-tech-conference-finale-inline-2.webp\" alt=\"Startup founders presenting pitches to investors at LEAP 2026\"\/><\/figure><h2 class=\"wp-block-heading\">Strategic Partnerships at LEAP 2026<\/h2><p class=\"wp-block-paragraph\">Opening announcements at LEAP 2026 included over 15 billion dollars in technology investments and commercial partnerships. Agreements focused on digital infrastructure, cloud computing, and advanced research initiatives across Saudi Arabia.<\/p><p class=\"wp-block-paragraph\">The Ministry of Communications and Information Technology signed a 104-million-dollar memorandum of understanding with Princess Nourah bint Abdulrahman University, Nourah Cloud, and SeeCubic AIMAGINEX KSA to establish AIMAGINEX, a center dedicated to applied media and <a href=\"\/category\/ai\/\">artificial intelligence<\/a>.<\/p><figure class=\"wp-block-image\"><img decoding=\"async\" src=\"https:\/\/saudishopper.com.sa\/en\/wp-content\/uploads\/2026\/09\/leap-2026-riyadh-tech-conference-finale-inline-3.webp\" alt=\"Technology exhibition floor at LEAP 2026 in Riyadh\"\/><\/figure><h2 class=\"wp-block-heading\">Digital Infrastructure and Institutional Support<\/h2><p class=\"wp-block-paragraph\">The judging panel for the startup finale included representatives from Partners for Growth, Ra&#8217;ed Ventures, Startup Genome, and HUMAIN. Jurors evaluated participants based on scalability, social impact, business traction, and team capability.<\/p><blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\"><p>&#8220;What stands out to me after five years of LEAP is how it has evolved from a major technology gathering into a platform that connects ambitious founders from around the world with real opportunities in Saudi Arabia and the region.&#8221;<\/p><cite>Talal Alasmari, Founding Partner at Ra&#8217;ed Ventures<\/cite><\/blockquote><h2 class=\"wp-block-heading\">Future Outlook for Sixth Edition<\/h2><p class=\"wp-block-paragraph\">Event organizers announced that preparations for the 2027 event are underway, with 653 applications already submitted for the upcoming startup cohort.<\/p><p class=\"wp-block-paragraph\">The conference program continues to connect international technology businesses with regional capital, expanding partnerships across <a href=\"\/category\/education\/\">education<\/a> and enterprise sectors.<\/p>","protected":false},"excerpt":{"rendered":"<p>LEAP 2026 concluded its fifth edition in Riyadh, awarding 1 million dollars in startup prizes and confirming over 15 billion dollars in tech deals.<\/p>\n","protected":false},"author":2,"featured_media":83798,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_yoast_wpseo_meta-robots-noindex":"","_et_pb_use_builder":"","_et_pb_old_content":"","_et_gb_content_width":"","_pr_autopilot_social_copy":"{\"x_hook\":\"LEAP 2026 closed in Riyadh after awarding $1M across 7 startup prizes and recording over $15B in technology investments during its fifth edition.\",\"x_takeaways\":\"Key Highlights:\\n\ud83d\udd39 $1M awarded across 7 Rocket Fuel startup prizes\\n\ud83d\udd39 Health-tech startup Waspito won the $250K grand prize\\n\ud83d\udd39 $15B+ in technology investments announced on Day One\\n\ud83d\udd39 1,323 speakers and 1,397 investors from 72 countries\\n\ud83d\udd39 $104M AIMAGINEX AI and immersive media hub established\"}","_yoast_wpseo_opengraph_title":"LEAP 2026 Concludes Fifth Edition in Riyadh With 1 Million Dollars in Startup Prizes","_yoast_wpseo_opengraph_description":"LEAP 2026 closed in Riyadh after four days of announcements, distributing 1 million dollars to startups and recording over 15 billion dollars in tech deals.","_yoast_wpseo_opengraph_image":"https:\/\/saudishopper.com.sa\/en\/wp-content\/uploads\/2026\/09\/leap-2026-riyadh-tech-conference-finale.webp","_yoast_wpseo_opengraph_image_id":83798,"_yoast_wpseo_twitter_title":"LEAP 2026 Concludes Fifth Edition in Riyadh","_yoast_wpseo_twitter_description":"LEAP 2026 closed in Riyadh with 1 million dollars in startup awards, over 1,300 speakers, and 15 billion dollars in announced 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