Waed Ventures Funding Application
Saudi Aramco Entrepreneurship Ventures (also known as Wa’ed Ventures), is a $200 million venture capital investment fund that invests in innovative and impactful, early-stage startups with high growth potential.
The fund aims to promote economic development in Saudi Arabia and enhance the Kingdom’s entrepreneurship and innovation ecosystem. Wa’ed Ventures comprises an eclectic, broad-ranging yet unified group of individuals who promote an open and welcoming environment ripe for prosperity and innovation.
For a deeper understanding of the entrepreneurs’ needs, Wa’ed VC promotes an atmosphere that encourages real-time engagement with entrepreneurs to support them better. At Wa’ed Ventures, the focus is on profit and creating quality jobs and economic diversification in Saudi Arabia. Therefore, it is a VC function with a national agenda.
Eligibility: Wa'ed Ventures is Kingdom development focus and is not sector-focused. Though we do invest globally, we require a local deployment plan to set a hub in Saudi.