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    Wa'ed Ventures logo

    Wa'ed Ventures

    Dhahran, Saudi ArabiaFounded 2013
    www.waed.netLinkedIn
    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.

    Deal activity decreased year-over-year (1 deal in the last 12 months vs 2 prior). Their most common stage is series-a (40% of deals). Average disclosed round size is $24.5M (across 35 rounds with reported amounts).

    Find people at Wa'ed Ventures on Goldilocks AI

    Portfolio

    33

    Fund Size

    $500M

    Top Stage

    Series A

    Last 12 Mo

    1

    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

    40 investments
    CompanyRoundAmountDate
    BRKZ logoBRKZSeries B$13MSep 2026
    Stake logoStakeSeries B$31MFeb 2026
    Lucidya logoLucidyaSeries B—Jul 2025
    SARsatX logoSARsatXSeed$2.6MMay 2025
    Salasa logoSalasaSeries B$30MJan 2025
    Graphiant logoGraphiantSeries B$19MJan 2025
    Rewaa logoRewaaSeries B$45MJan 2025
    Tenderd logoTenderdSeries A$30MJun 2024
    StrikeReady logoStrikeReadySeries A$12MApr 2024
    Mighty Buildings logoMighty BuildingsSeries C$52MSep 2023
    Rewaa logoRewaaSeries A$27MAug 2023
    CCOFE AppSeries B$15MMar 2023
    TTerra Drone CorporationSeries C$14MJan 2023
    Pasqal logoPasqalSeries B$200MJan 2023
    Intella logoIntellaSeries A$12.5MJan 2023
    Manafa logoManafaSeries A$28MDec 2022
    Stake logoStakeSeries A—Jul 2022
    Wahed Invest logoWahed InvestSeries B$50MJun 2022
    Torod logoTorodSeries A—Jan 2022
    Cura logoCuraSeries A—Oct 2021
    Mighty Buildings logoMighty BuildingsSeries B$40MFeb 2021
    YNMO logoYNMOUnknown$5MJan 2021
    spiderSilk logospiderSilkSeries A$2.3MJan 2021
    CCOFE AppSeries B$15MJan 2021
    Wahed Invest logoWahed InvestSeries B$25MJun 2020
    Page 1 of 2

    Top Co-Investors

    BECO Capital6 shared
    Saudi Aramco5 shared
    Rasameel Investment Company5 shared
    STV5 shared
    500 Global4 shared
    Cue Ball Capital4 shared
    Dubai Cultiv84 shared
    Endeavor4 shared
    Khosla Ventures3 shared
    Realty Corporation2 shared
    Bold Capital Partners2 shared
    Mubadala Investment Company2 shared
    Middle East Venture Partners2 shared
    Y Combinator2 shared
    Vision+2 shared
    Nour Nouf Ventures2 shared
    Aramco2 shared
    Elm2 shared
    SparkLabs1 shared
    OTV1 shared

    Last updated: 19 September 2026