Company intelligence / Profile preview

Wa'ed Ventures

Dhahran, Eastern Province, Saudi Arabia
Ownership
Private
Employees
~50
Development stage
Other
01

Overview

Wa'ed Ventures is the venture capital arm of Saudi Aramco, established in 2011 to promote economic diversification and entrepreneurship within the Kingdom of Saudi Arabia. The firm manages a $500 million fund, investing in high-potential startups across various sectors, including healthcare, biotechnology, fintech, and sustainability. Wa'ed provides a comprehensive support system for entrepreneurs, offering equity investment, incubation programs, and debt financing. In the life sciences space, the firm focuses on digital health, medical devices, and innovative biotech solutions that align with the goals of Saudi Vision 2030. By bridging the gap between local innovation and global venture capital, Wa'ed Ventures plays a pivotal role in developing the Saudi Arabian startup ecosystem.

Industry
Investors
02

Partnerships

King Abdullah University of Science and Technology (KAUST)Ministry of Investment of Saudi Arabia (MISA)Monsha'at

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