Key facts
| Fact | Confidence | Evidence |
|---|---|---|
| HeadquartersSaudi Arabia | 1 source | |
| Fundraising statusunknown | no source |
Startup details
Leading industrial transformation in Saudi Arabia through advanced manufacturing capabilities across four strategic sectors: artificial intelligence and digital equipment, buildings and heavy equipment, electrical transformation, and home appliances and medical equipment. Promotes supply chain resilience, accelerates industrial growth, and supports energy, healthcare, infrastructure, and digital transformation futures.
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Related companies
Sources
Related companies
PIF's Alat and Lenovo Break Ground on $2bn Saudi Manufacturing Hub in Riyadh
The 200,000 sqm Riyadh campus, part of a $2bn strategic partnership, will produce 'Saudi Made' laptops, desktops and servers, with production targeted for 2026.
Added PartnershipPIF's Alat and TK Elevator Form Saudi Manufacturing Joint Venture
Alat will make elevators and escalators in the Kingdom and take a 15% stake in Germany's TK Elevator, in the first such production operation by a global firm in Saudi Arabia.
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