Team Naver, MOU with 11 startups attending Saudi LEAP 2025

Naver Cloud announced on the 10th (local time) that it signed a business agreement (MOU) with startups participating in 'LEAP 2025' held in Riyadh, Saudi Arabia, with the purpose of 'information exchange and business cooperation between domestic digital companies for entering the Saudi digital market.'



Participants are taking a commemorative photo at the Team Naver-K Startup MOU signing ceremony held at LEAP 2025. [Photo = Naver Cloud]



Participating startups are: △SSNC (Security SW, CEO Han Eun-hye), △Sparrow (Security SW, CEO Jang Il-soo), △Genies (Security SW, CEO Lee Dong-beom), △Wiz Korea (Security SW, CEO Kim Ki-bae), △Yurak (Digital Forensics, CEO Yoo Bong-seok), △Jison (Security SW, CEO Han Dong-jin), △Xgate (Security SW, CEO Joo Gap-soo), △Cynix Systems (CCTV crime prevention, CEO Lee Joo-bong), △Mobiltech (Smart City/Autonomous Driving, CEO Kim Jae-seung), △Octaco (Security SW, CEO Lee Jae-hyung), and △Vernect (AI Solution, CEO Ha Tae-jin).



With this MOU as an opportunity, Team Naver will expand Saudi Arabia's digital ecosystem by cooperating with various domestic startups in various fields with excellent technological prowess.



Chae Seon-ju, head of Naver's external/ESG policy, said, "Saudi Arabia's digital ecosystem, including the Saudi Arabian digital twin that Team Naver is currently building, is expected to grow even faster in the future," adding, "We will strive to grow together through more practical cooperation with various domestic startups and partners that have excellent technological capabilities and are pursuing global expansion."





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