12 Dhu al-Qi'dah 1445 - 20 May 2024
    
Sign up for newsletter
Eye of Riyadh
Technology & IT | Friday 3 March, 2023 3:25 pm |
Share:

IR4LAB joins MCIT Tech Champions Accelerator powered by Plug and Play

IR4LAB, a Saudi Arabia-based blockchain startup, has joined the Ministry of Communications Information Technology tech champions accelerator program powered by Silicon Valley’s Plug and play.

 

Plug and Play is the largest innovation platform in the world driving innovation in over 20 industries by connecting leading international corporations with the most innovative startups in their respective fields.

 

Since it was founded in 2006, Plug and Play has established a global network for startups and corporations, raising over $9 billion in funding by companies within its community.

 

Plug and Play was an early investor in Google, PayPal, Dropbox, LendingClub, N26, Soundhound, Honey, Kustomer, and Guardant Health.

 

By joining this first Plug and Play Metaverse acceleration cohort in the Kingdom of Saudi Arabia, IR4LAB wants to capitalize on its recent achievements to accelerate its growth and expansion here in the Kingdom of Saudi Arabia and beyond.

 

In fact, IR4LAB, has just signed during LEAP 2023 a historic agreement with Saudi Ground Services to implement Blockchain document solution across 28 airports in KSA, a first of its kind worldwide.

 

Majd Jamal Alafifi Co-Founder & CEO of IR4LAB, said “We are very pleased to join this international program right here in the Kingdom of Saudi Arabia that will allow us to go beyond and accelerate our growth locally and globally”.

 

Mohamed EL KANDRI Co-Founder & CTO of IR4LAB added “This is indeed another great achievement for our team and we are pleased to join the Plug and Play global community, this will allow us to expand our innovation capabilities to new technologies such as the Metaverse”.

 

Share:
Print
Post Your Comment
ADD TO EYE OF Riyadh
RELATED NEWS
MOST POPULAR