Saudi’s Rimal Semiconductors Secures Investment From Deep Tech Fund
The investment will support efforts to localise power semiconductor design and build a domestic chip ecosystem in Saudi Arabia.
Saudi-based Rimal Semiconductors has secured a strategic investment from the Deep Tech Fund, managed by Kahilan Asset Management, to support the development of power semiconductor design capabilities in the Kingdom.
Rimal Semiconductors is a fabless company, meaning it focuses on designing semiconductor chips without operating its own manufacturing facilities. The company specialises in power semiconductor technologies used across sectors such as energy, transport, and industrial systems.
According to the company, the funding will be used to expand efforts to localise power chip design in Saudi Arabia while supporting the development of an integrated semiconductor ecosystem. Plans include building local supply chains and forming partnerships with companies operating in energy, transport, and industrial sectors.
Founded in 2025, Rimal focuses on the design of power semiconductor components including MOSFET, silicon carbide (SiC), insulated-gate bipolar transistor (IGBT), and gallium nitride (GaN) chips. These technologies are widely used in high-efficiency power electronics and advanced energy systems.
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