Wa'ed Ventures is the $500 million venture capital arm of Saudi Aramco, founded in 2013 and headquartered in Dhahran, Saudi Arabia. It invests in tech-based startups from seed to growth stages, focusing on advanced technologies including AI, robotics, space, and fintech to support Saudi Arabia's startup ecosystem and localize global innovation.
Their most common stage is series-a (40% of deals). Average disclosed round size is $17.9M (across 40 rounds with reported amounts).
Portfolio
35
Fund Size
$500M
Top Stage
Series A
Last 12 Mo
2
Team
Shahidul Islam Sumon
Partner
Wassim Basrawi
Partner
Qamar Aftab, CFA
Investment Director
Sami Aljaber
Associate
Abdullah Althamir, MBA
Investment Manager
Muhammad Zeeshan Hassan
Chief Investment Officer
Nicolas van Lierde
Venture & Growth Investor
Portfolio Breakdown
Stage Distribution
Sector Distribution
Investment Activity
Portfolio
| Company | Round | Amount | Date |
|---|---|---|---|
 BRKZ | Series B | $13M | Sep 2026 |
 Stake | Series B | $31M | Feb 2026 |
 Lucidya | Series B | — | Jul 2025 |
 SARsatX | Seed | $2.6M | May 2025 |
 Salasa | Series B | $30M | Jan 2025 |
 Graphiant | Series B | $19M | Jan 2025 |
 Rewaa | Series B | $45M | Jan 2025 |
 Tenderd | Series A | $30M | Jun 2024 |
 StrikeReady | Series A | $12M | Apr 2024 |
 Mighty Buildings | Series C | $52M | Sep 2023 |
| Rewaa | Series A | $27M | Aug 2023 |
| Graphiant | Series B | $62M | Mar 2023 |
| CCOFE App | Series B | $15M | Mar 2023 |
| TTerra Drone Corporation | Series C | $14M | Jan 2023 |
 Pasqal | Series B | — | Jan 2023 |
 Intella | Series A | $12.5M | Jan 2023 |
 Manafa | Series A | $28M | Dec 2022 |
 Stake | Series A | — | Jul 2022 |
 Wahed | Series B | $50M | Jun 2022 |
 Torod | Series A | — | Jan 2022 |
 Cura | Series A | — | Oct 2021 |
 Joi Gifts | Series A | $2.5M | Sep 2021 |
| Mighty Buildings | Series B | $40M | Feb 2021 |
 YNMO | Unknown | $5M | Jan 2021 |
| Joi Gifts | Series A | $2.5M | Jan 2021 |
Top Co-Investors
Last updated: 20 October 2026