
Ventures
At HKMC, we don’t just support innovation—we build the engines that power it. Our ventures are purpose-built platforms, tools, and environments designed to accelerate startups, empower fund managers, modernize governments, and help corporations reinvent themselves. From AI-powered diligence platforms to physical innovation hubs, from early-stage capital to skunkworks labs for legacy enterprises—each venture reflects our belief that real impact comes from building, not just advising. Welcome to the operational core of our mission.

Pegasus
Accelerating Deal Intelligence for Investors
Pegasus is our proprietary AI-powered platform designed to streamline and elevate how investors—whether fund managers, family offices, or sophisticated angels—analyze and validate investment opportunities.
Built for speed, accuracy, and decision confidence, Pegasus automates critical parts of the due diligence process, delivering actionable insights in a fraction of the time traditional workflows require.
Key Features:
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Automated parsing and analysis of pitch decks, financial models, and market research.
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AI-generated risk and opportunity scoring based on internal frameworks.
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Benchmarking against similar deals and historical outcomes.
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Collaboration tools for investment teams to review, comment, and decide faster.
Pegasus is already being piloted with select emerging fund managers and institutional investors looking to reduce friction in their dealflow review and improve quality of conviction.

The Dome
A Geodesic Innovation Landmark in Riyadh
The Dome is our flagship physical space and a symbol of what innovation infrastructure can look like when design, technology, and mission align.
Planned as a geodesic innovation hub in Riyadh, The Dome will serve as a central node for AI development, startup acceleration, and deep tech entrepreneurship in the Kingdom.
Key Highlights:
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A modular architectural layout with a central dome and multiple smaller vertical-specific domes (e.g., HealthTech, FinTech, Climate).
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A base for global accelerators, venture funds, and enterprise partners to plug into the Saudi ecosystem.
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Dedicated labs and maker spaces for applied AI, robotics, and product prototyping.
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Year-round programming: accelerator cohorts, policy roundtables, investor demo days, and global tech summits.
The Dome is more than a building—it’s a blueprint for how physical spaces can catalyze digital futures.

Innovation Startup Fund
A Feeder Program for Builders and Bold Ideas
The Innovation Startup Fund (ISF) is a pre-seed and seed stage funding initiative designed to feed directly into our design and development studio.
ISF provides early capital and deep operational support to founders working on transformative ideas with clear market potential and AI or design-led differentiation.
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What ISF Offers:
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Pre-seed investment combined with hands-on venture building.
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Access to our design, development, and product teams.
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Mentorship from seasoned operators and venture partners.
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Clear funnel into our Studio and The Dome ecosystem.
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ISF is not a traditional fund—it’s a curated launcher for the strongest founders across the Middle East and beyond. Learn more at innovationstartupfund.com

Design & Development Studio
Where Startups Get Built, Not Just Advised
Our Design and Development Studio is the operational engine behind our venture ecosystem—and the first foundational layer of The Dome.
It functions as a hybrid startup studio and innovation lab focused on helping early-stage companies accelerate growth through world-class design and AI-native product development.
Studio Capabilities:
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UI/UX and brand identity development that aligns with user behavior and market expectations.
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AI-native product prototyping, MVP builds, and integration support.
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Technical architecture and scalability planning for ambitious startups.
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Founders-in-residence and shared CPO/CTO support for portfolio startups.
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The Studio serves both ISF-backed founders and select external startups that align with our values of executional excellence, design-first thinking, and scalable impact.
It is the cornerstone of The Dome, embedding a culture of creativity, experimentation, and cross-disciplinary collaboration from day one.

Civic Intelligence Lab
​Data-Driven Strategy for Governments in Transition
The Civic Intelligence Lab (CIL) is HKMC’s public sector-focused advisory and experimentation unit, helping governments unlock value from their existing data, improve service delivery, and future-proof national strategies through tech-enabled governance.
Purpose:
Governments today are stewards of massive datasets and infrastructure but often lack the analytical firepower, agility, or cross-domain expertise to translate that into long-term strategic value. CIL bridges that gap with a modular, embedded approach.
Key Offerings:
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Public Data Activation: Using AI to analyze government-held data (e.g., health, education, mobility) for predictive policy modeling.
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Digital Public Services R&D: Co-designing new service delivery tools using agile development, citizen feedback loops, and behavioral design.
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Crisis Simulations & Policy Labs: Scenario planning and rapid prototyping for complex challenges like water stress, population growth, or economic diversification.
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Custom Dashboards & Strategic OS: Interactive decision-support systems for ministries and agencies, powered by AI and real-time data.
CIL can plug into digital government initiatives across the GCC and emerging markets, acting as a neutral but high-performance ally in building more adaptive, citizen-centric states.

Blackroom
​The Skunkworks for Corporates Seeking a Second Act
Blackroom is our stealth-mode innovation studio for large enterprises looking to develop breakthrough products, launch new ventures, or transform internal capabilities—without the politics or inertia of traditional R&D.
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Purpose:
Blackroom operates as a confidential, high-velocity extension of a corporate partner’s innovation arm. It helps established businesses unlock trapped value, challenge legacy assumptions, and build like a startup—but with enterprise-grade impact.
How It Works:
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Embedded Skunkworks Teams: Cross-functional pods of product designers, engineers, and strategists spun up to work on bold ideas under NDAs.
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Rapid Prototyping & Pilots: From zero to validated MVP in 90 days—with user testing, brand strategy, and commercialization pathways built in.
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Innovation-as-a-Service: Ongoing, offsite, or hybrid engagement models where we run continuous R&D cycles in coordination with your executive or innovation team.
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Spinouts & NewCos: Helping corporates incubate and potentially spin off internal innovation into fully formed companies—leveraging external capital and talent.
With Blackroom, large organizations can operate like startups—fast, focused, and future-facing—without compromising their core business.
