AIHardware & SemiconductorsRobotics & AutomationDefense & SpaceFintechHealthcareFood & AgricultureE-Commerce & MarketplaceEducationSaaSManufacturingClimate & Energy
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.
Average disclosed round size is $20.8M (across 21 rounds with reported amounts).
Portfolio
22
Fund Size
$500M
Top Stage
Series A
Last 12 Mo
0
Team
SI
Shahidul Islam Sumon
Partner
WB
Wassim Basrawi
Partner
QA
Qamar Aftab, CFA
Investment Director
SA
Sami Aljaber
Associate
AA
Abdullah Althamir, MBA
Investment Manager
MZ
Muhammad Zeeshan Hassan
Chief Investment Officer
NV
Nicolas van Lierde
Venture & Growth Investor
Portfolio Breakdown
Stage Distribution
Sector Distribution
Investment Activity
DealsAvg Round Size
Portfolio
24 investments
| Company | Round | Amount | Date |
|---|---|---|---|
 Lucidya | Series B | — | Jul 2025 |
 SARsatX | Seed | $2.6M | May 2025 |
 Salasa | Series B | $30M | Jan 2025 |
 Graphiant | Unknown | $19M | Jan 2025 |
 Tenderd | Series A | $30M | Jun 2024 |
 Mighty Buildings | Series C | $52M | Sep 2023 |
 Rewaa | Series A | $27M | Aug 2023 |
| TTerra Drone Corp | Series C | $14M | 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 |
 Ynmo | Unknown | $5M | Jan 2021 |
 spiderSilk | Series A | $2.3M | Jan 2021 |
| Wahed | Series B | $25M | Jun 2020 |
| Wahed | Series A | $25M | Jan 2020 |
| SSaudi Internet Health Application Technology Company (Sihatech) | Unknown | — | — |
 Stake | Series B | $31M | — |
 Paytabs | Series B | $20M | — |
 Terraxy | Seed | $3M | — |
| SSquadio | Series A | $3M | — |
 Abyan | Series A | $18M | — |
| WWahed Invest | Series B | $25M | — |
| TTerra Drone Corporation | Unknown | $14M | — |
Top Co-Investors
BECO Capital5 shared
Saudi Aramco4 shared
Cue Ball Capital4 shared
Dubai Cultiv84 shared
STV4 shared
Khosla Ventures2 shared
Rasameel Investment Company2 shared
Mubadala Investment Company2 shared
Middle East Venture Partners2 shared
500 Global2 shared
Nour Nouf Ventures2 shared
SparkLabs1 shared
Bold Capital Partners1 shared
OTV1 shared
Slow Ventures1 shared
EQT Ventures1 shared
Hometeam Ventures1 shared
Republic1 shared
Operator Stack1 shared
Second Century Ventures1 shared
Last updated: 8 September 2026