Fund Application

TCE Seeks to Partner with

  • Scientists (Inventors) and Researchers who are interested in the transformation of their patented technologies into commercialized products, services, and possibly businesses.
  • Technology Developers who are seeking to collaborate with other stakeholders in the transformation technologies into commercialized products, services, or businesses.
  • Entrepreneurs & Project Leaders who are passionate about managing technologies and transforming them into businesses.
  • Investment Specialists including business angel groups, high net worth individuals, seed corn investment specialists, venture capital houses and funders of social ventures.
  • Industrial Partners including large companies and SMEs that are interested in joint technology development project.

TCE Invests in

We have access to experts across different industries that we find most suitable to our portfolio.

  • Oil & Gas (Upstream: Exploration & Drilling)
  • Refining & Petrochemical
  • Renewable Energy
  • Water Purification & Desalination
  • Relevant Enabling Technologies & Industry 4.0

We are interested in products and services that may have specific features.

  • Technology & IP-based businesses
  • Innovative business models
  • App economy

Funding & Conditions

At TCE, we seek to invest in opportunities that are at different stages of development and commercialization (formulated concepts, product/technology that is under development, an early stage established enterprise/startup).

StageDescription of Current StageFund RangeRequirements for Application for the FundDescription of Targeted Stage
Pre-Seed• Product development and prototyping (Development of Minimum Viable Product/Process/Application).

• No revenue generation
Up to SAR 200K • Feasibility study

• Detailed technical report
• Minimum Viable Product Leading to Startup Formation or Product/Technology Commercialization
Seed• Under-Formation Startup

• Early-Stage (Pre-Operational) Startup
Up to SAR 2M• Business plan

• 3 – 5 years pro forma financial statements

• Detailed technical report

• Audited historical financial statements (if available)
• Startup Formation

• Series-A Funding

• First Sales/Revenues

Application Process

Once an application is submitted, TCE process it for assessments and reviews to validate the legitimacy and explore the opportunity to the stage where an investment agreement is signed.

Fund Application Submission

The investment application form can be downloaded here. Applications can be submitted to the following email address

In addition to your attached application form, please include in your email the following information.

  • Write the patent, technology, or project in the subject
  • A brief description of the business, patent, or technology and its current stage
  • Other supporting documents

DTVC Summer Funding Opportunities for Technology/Product Development and Start-up Formation (For KFUPM Faculty, Researchers, and Graduate Students Only).

Download Fund Application and Presentation Template for Developing Minimum Viable Product Pre-Seed funding.

Download Fund Application and Presentation Template for Seed (Start-up Formation) funding.

Send the documents once completed to