Tech Company Financing Transactions

Wahed Funding Round

Wahed closed a $25 million financing round on 6/10/2020. Investors included Saudi Aramco Energy Ventures, BECO Capital and Cue Ball Group.

Transaction Overview

Company Name
Announced On
6/10/2020
Transaction Type
Venture Equity
Amount
$25,000,000
Round
Undisclosed
Investors

Saudi Aramco Energy Ventures (Lead Investor) (Wassim Basrawi)

BECO Capital (Amir Farha)

Cue Ball Group (Ali Rahimtula)

Dubai Cultiv8

Rasameel Investment Company

Proceeds Purpose
The company said it plans to use its new capital mainly toward building out its subsidiary in Saudi Arabia.

Company Information

Company Status
Private & Independent
Industry
FinTech
Mailing Address
12 E. 49th St. 11th Floor
New York, NY 10017
USA
Email Address
Overview
Our mission is simple: to provide an efficient, reliable, and truly accessible Shari'ah compliant investment platform to investors across North America.
Profile
Wahed LinkedIn Company Profile
Social Media
Wahed Company Twitter Account
Company News
Wahed News
Facebook
Wahed on Facebook
YouTube
Wahed on YouTube

Management Team

Title
Name
Email & Social
Chief Executive Officer
Junaid Wahedna
  Junaid Wahedna LinkedIn Profile  Junaid Wahedna Twitter Account  Junaid Wahedna News  Junaid Wahedna on Facebook


 

 

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Next: 6/10/2020: Pando by 303 Holdings venture capital transaction

 

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Where The Data Comes From

Our team works diligently to report on tech company VC transactions. VC investment data records reported here are sourced from news reports and company announcements. The data is sourced from VentureDeal.com, an affiliated venture.

 


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