Wa'ed Ventures Email Format
Venture Capital and Private Equity PrincipalsEastern, Saudi Arabia51-200 Employees
Wa'ed Ventures is the venture capital and private equity arm owned by Aramco. Based in Dhahran, in Saudi Arabia's Eastern Province (postal code 31311), it operates as a $500 million fund with 51-200 employees. Its objective is to accelerate the development of an integrated startup ecosystem by investing in local tech-based startups and by encouraging global entrepreneurs to localize their technologies in the Kingdom. The firm engages in seed, pre-seed and Series investments, with a portfolio that includes Terraxy (Seed-2, 2026), Stake Properties Limited (Series B, 2026), Rased (Pre-Seed, 2025), SARsatX (Seed, 2025), Graphiant (Series B, 2025) and TruBuild (Seed, 2025). Wa'ed also has a history of early investment in Pasqal Sas dating to 2023.