Wa’ed Ventures

Wa’ed Ventures stands as the dedicated venture capital arm of Saudi Aramco, distinguishing itself as the largest VC fund within the Kingdom of Saudi Arabia. With a substantial fund size of $500 million, the firm plays a pivotal role in fostering a vibrant entrepreneurial ecosystem and driving economic diversification in line with Saudi Vision 2030. Its strategic location in Dhahran positions it at the heart of the Kingdom's industrial and innovation hub, enabling close collaboration with emerging technology companies.

The firm's investment strategy is primarily focused on Saudi-based startups, targeting companies from the Seed stage through to Series B rounds. Wa'ed Ventures is known for its equity partnerships, providing crucial capital to promising ventures across a diverse range of sectors, including fintech, energy tech, industrial tech, and digital solutions. Typically, Wa’ed Ventures deploys first cheques ranging from $1 million to $10 million, demonstrating its capacity to support startups through significant growth phases. This investment range allows them to back early-stage companies while also participating in larger, more mature funding rounds.

Beyond capital provision, Wa’ed Ventures is committed to offering strategic guidance and leveraging its extensive network to support portfolio companies. The firm's mandate extends to stimulating local content and innovation, thereby contributing to the development of a knowledge-based economy. By investing in high-growth potential startups, Wa’ed Ventures not only seeks financial returns but also aims to create job opportunities, enhance technological capabilities, and strengthen the overall entrepreneurial infrastructure within Saudi Arabia, solidifying its position as a cornerstone investor in the region.