Wa'ed Ventures
Overview
Saudi Aramco Entrepreneurship Center (Wa'ed) promotes entrepreneurship and helps develop local Small and Medium-sized Enterprises (SMEs) by encouraging aspiring entrepreneurs to establish or expand SMEs in their respective fields. The Center provides a variety of programs that offer non-collateralized loans or equity partnerships, along with the guidance and tools that develop and nurture entrepreneurs and their businesses. \\The Center's programs include the debt funding program, Wa'ed Loans, with its robust pre-funding and post-funding support and Wa'ed Equity, which is an economic development program that offers equity partnerships in promising ventures. Aramco Entrepreneurship Center also established StartUp Lab which provides Business Incubation for innovative result-driven budding entrepreneurs. In addition, StartUp Lab hosts its flagship program "CO-OP to Entrepreneur" which supports the establishment of new businesses by university students even before they graduate, turning them to job makers rather than job seekers. \\Entrepreneurs and SMEs are key contributors to job creation and represent a major source of employment. Furthermore, Entrepreneurs act as powerful agents for economic diversification including developing local content and fostering innovation. Realizing the full potential benefits presented by this opportunity will require substantial effort to help the Kingdom's entrepreneurial ecosystem reach maturity across structural and cultural dimensions.\\By combining deep sector knowledge and a collaborative team that is diligent, dynamic, and engaging, Aramco Entrepreneurship Center harnesses potential business ideas and cultivates a great atmosphere that empowers a new generation of entrepreneurs in Saudi Arabia.
Investment Focus
- Tech-based startups
- Seed to growth-stage companies
- Focus on energy, sustainability, digitalization, and social innovation sectors
- Alignment with Aramco's strategic interests
- Potential for local and international expansion
Portfolio Companies
Reach Wa'ed Ventures directly
Verified work email, phone and LinkedIn for the full team — one spreadsheet, one payment, yours to keep.
Unlock full contacts →Frequently asked questions about Wa'ed Ventures
What sectors does Wa'ed Ventures invest in?
Wa'ed Ventures invests in Technology, Healthcare, Energy, Retail, Education and Agriculture, and is based in Dhahran, Ash Sharqiyah, Saudi Arabia. Wa'ed Ventures is listed as a corporate vc in the ConnectSafely investor database.
What stage does Wa'ed Ventures invest at?
Wa'ed Ventures backs companies at Seed, Early Stage, Series A, Series B, Growth and Late Stage, writing cheques of 1M - 20M.
Which regions does Wa'ed Ventures invest in?
Wa'ed Ventures invests across Luxembourg and Saudi Arabia.
Who are the partners at Wa'ed Ventures?
Team members listed for Wa'ed Ventures include Fahad Alidi (CEO & MD) and Muhammad Zeeshan Hassan (Chief Investment Officer).
What companies has Wa'ed Ventures invested in?
Wa'ed Ventures's portfolio includes OQ Technology, 1Pass, Athir, Cura and YNMO.
How do I contact Wa'ed Ventures?
Wa'ed Ventures's contact details — including phone and LinkedIn — are listed in the ConnectSafely investor database, along with its website and the LinkedIn profiles of its partners.
Last updated · Source: ConnectSafely investor database
