Wa’ed Ventures is Aramco’s venture capital fund designed to support the start-up ecosystem in Saudi Arabia by investing in local tech-based start-ups and localizing pioneering global innovations.
Growing innovative ideas into a stable business isn’t easy. In 2013, we established Wa’ed Ventures to bridge the distance between local tech start-ups and full-blown business ventures — by providing a combination of venture capital funding and post-investment support services.
A flourishing tech start-up ecosystem requires a well-developed infrastructure, and Wa’ed Ventures works to provide the resources and support needed to boost its development. Our Wa’ed Ventures fund supports our efforts to build a thriving local innovation ecosystem that can accelerate the creation of advanced technology in the energy industry.