TURN8

TURN8 is a corporate venture builder and startup studio founded in 2013, based in Saudi Arabia. The organization operates as an integrated innovation platform focused on corporate venture building and strategic investment across the Gulf Cooperation Council (GCC) region. Since its inception, TURN8 has built over 120 ventures and deployed more than $500 million in capital. The organization partners with regional national champions and leaders to launch new business lines, manage venture capital programs, and support international startups entering the GCC market.

TURN8 provides a range of services through four main engines: Growth Foundry, which collaborates with corporate partners to create and launch new ventures; Growth Capital, which designs and manages Corporate Venture Capital (CVC) programs; AI Studio, which develops native AI agents for growth startups and SMEs; and TURN8 Accelerator, which assists innovative startups in establishing a presence in Saudi Arabia.

TURN8 offers mentorship, strategic investment, and support in market validation, product refinement, and fundraising for startups.

<p><strong>What are the eligibility criteria for applying to TURN8?</strong></p><p>TURN8 seeks innovative startups across various sectors, particularly those focused on healthcare, mobility, AI, biotech, energy, and frontier technologies. Ideal candidates should be looking to establish a presence in Saudi Arabia.</p><p><strong>What is the application process like?</strong></p><p>Interested startups can apply through the TURN8 website. The application typically involves submitting a business plan and undergoing a review process.</p><p><strong>What are the deal terms for accepted startups?</strong></p><p>TURN8 offers a $500,000 investment to selected startups, along with mentorship and support in market validation and fundraising.</p><p><strong>How is the program structured?</strong></p><p>The TURN8 Accelerator program lasts for 12 weeks and includes mentorship, workshops, and networking opportunities, culminating in a demo day.</p><p><strong>What makes TURN8 different from other accelerators?</strong></p><p>TURN8 focuses on corporate venture building and strategic investment in the GCC region, providing tailored support for startups looking to enter this market.</p><p><strong>What success metrics does TURN8 track?</strong></p><p>TURN8 measures success through the growth and milestones achieved by its portfolio companies, including funding raised and market presence established.</p>