Waed Ventures
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Waed Ventures

https://waed.net/
Last activity: 02.09.2026
Probably Closed
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.
Followers
24.69K
Portfolio
3
Mentions
32
Employees: 51-200
Founded date: 2013
Investment Type: Venture Capital
Investment Stage: Seed; Series A; Series B

Portfolio 3

DateNameWebsiteTotal RaisedLocation
23.06.2026Terraxyterraxy.com$3MSaudi Arab...
14.07.2025Lucidyalucidya.com$36MSaudi Arab...
14.03.2023COFE Appcofeapp.com$18.2MKuwait, Al...

Mentions in press and media 32

DateTitleDescription
02.09.2026COFE Tech Closes Pre-IPO FundingCOFE Tech, a Riyadh, Saudi Arabia-based provider of an intelligent procurement and AI-powered commerce platform, raised a pre-IPO funding round valuing the company at $178M. The round was co-led by Wa’ed Ventures and Aditum Investment Manag...
20.07.2026Think receives $8 M in Pre-seed capital as it prepares for GCC expansionThink, the Saudi-based company building a new generation of intelligent, unified hardware and software infrastructure for artificial intelligence, today announced it has raised over $8 million in pre-seed funding, marking the largest AI inf...
15.07.2026Think Raises $8 Million In MENA’s Largest AI Infrastructure Pre-Seed RoundThink, a Riyadh-based artificial intelligence infrastructure company, has closed an $8 million-plus pre-seed funding round, which the company and its backers describe as the largest AI infrastructure and deep-tech pre-seed round in the MENA...
11.07.2026Almakhfi acquired by Noon Academy to bolster its Saudi edtech portfolioSaudi edtech company Noon Academy has acquired Almakhfi, a digital platform specialising in preparation for the Qudurat and Tahsili examinations, in a move aimed at strengthening its AI-powered learning ecosystem and expanding its services ...
09.07.2026Rebellions Forges Ahead with South Korean IPO Amidst AI Chip BoomSouth Korean AI chip innovator Rebellions prepares for a major public offering. The company targets a South Korean KOSPI listing in early 2027, driven by surging AI demand and strategic government alignment. A U.S. listing on NYSE or Nasdaq...
08.07.2026South Korean AI chip startup Rebellions targets IPO next yearSEOUL, July 8 : South Korean AI chip startup Rebellions aims to list its shares on the Korean market in the first half of next year, followed by a potential listing in the United States, its co-founder and chief executive Park Sunghyun told...
23.06.2026Terraxy Raises $3M in Seed-2 FundingTerraxy, a Thuwal, Saudi Arabia-based developer of desert greening and soil-regeneration technologies, raised $3m in a Seed-2 funding round. The round was led by Wa’ed Ventures (the venture capital arm of Aramco), with participation from Ki...
19.05.2026Aramco and Pasqal launch Saudi Arabia's first Quantum Computer and Middle East's first commercial Quantum Computing as a Service platformDHAHRAN, Saudi Arabia, May 19, 2026 /PRNewswire/ -- Aramco, one of the world's leading energy and chemicals companies, in partnership with Pasqal, a global leader in neutral-atom quantum computing, today officially inaugurated the Kingdom o...
30.04.2026Wahed Launches First Shariah‑Compliant Single-Family Residential Real Estate Fund for All US InvestorsNEW YORK, April 30, 2026 /PRNewswire/ -- Wahed, a global Islamic fintech platform backed by Saudi Aramco's Wa'ed Ventures and Qatar Development Bank, today launched the first fully Shariah-compliant real estate fund accessible to non-accred...
13.11.2025Rased, Saudi AI-Fraud Startup Closes Pre-Seed Round Aimed at Scaling Real-Time DetectionSaudi fintech startup Rased (also styled “Rasēd”), which specialises in AI-powered fraud detection and prevention for banks and fintechs, has closed a pre-seed funding round led by Wa’ed Ventures and SHARE Investment Co., with participation...
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