Venture Capital Investors
WAED Ventures
WAED Ventures is a venture capital fund that backs technology-based companies.
Venture Investor Overview
Venture Investor
WAED Ventures
Investor Type
Venture Capital
Industry Focus
Advanced Materials
Artificial Intelligence
ECommerce
FinTech
Real Estate
Contact Information
Title
Chief Executive Officer
Mailing Address
8783 Ibn Alhaitham, Dhahran Techno Valley (DTV)
Dhahran, 34464
SA
Background Information
Overview
Backed by Aramco, Wa'ed Ventures is a $500 million venture capital fund with the aim to accelerate the development of an integrated startup ecosystem by investing in local tech-based startups and incentivizing global entrepreneurs to localize their tech innovations in the Kingdom.
Transaction History
Our records indicate that WAED Ventures invested in the VC transactions listed below. Dollar amounts are for the entire raise, which may include other investors.
9/2/2025
Series A
$12,500,000
3/20/2025
Undisclosed
$10,000,000
2/9/2025
Series A
$9,000,000
9/12/2023
Undisclosed
$52,000,000
8/3/2023
Undisclosed
$1,600,000
3/14/2023
Series B
$15,000,000
Investor Contacts
Chief Financial Officer
Majed Alarji
Chief Executive Officer
Fahad Alidi
Chief Operating Officer
Faisal Alqahtani
Chief Information Officer
Mohamed Hassan
Funds
No fund closings have been recorded for this company.
Portfolio Companies
WAED Ventures has invested in the companies below, according to our database records. If we are missing a portfolio company, please let us know.
Riyadh, 13324 Kingdom of Saudi Arabia
Dubai, Undisclosed United Arab Emirates
Sharq Kuwait City, Undisclosed KW
Dokki, Giza, Undisclosed Egypt
Browse more venture capital investors:
Waad Investment | WaFd Bank
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