About Saudi Aramco
Application Description

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. 

 

 

 

Preferred Development Stages
SEED
Growth
Maturity
Preferred Industries
Advertising and Marketing
Real Estate
Renewable Energy
Retail
AR/VR
Food & Beverage
Legal
Multimedia
Travel & Tourism
Video & Animation
Agriculture
Water
View all 51
Preferred Geographical Focus
Saudi Arabia (KSA)
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