Wa’ed Ventures

Wa’ed Ventures to invest $100 million in early-stage AI startups

Wa’ed Ventures announces earmarking $100 million for early-stage AI investments, a bold move to support positioning the Kingdom as a global AI hub. To aid with strategic deal sourcing and accelerate l...

aiXplain raises $6.5 million in pre-Series A led by Wa’ed Ventures

aiXplain announced a $6.5M pre-Series A round to simplify the process of building AI agents and globalize the impact of AI innovation. Wa’ed Ventures, a $500 million Saudi Arabian venture capital fund...

Tenderd raises $30 million in Series A funding round

Tenderd, a global leader in digital transformation for heavy equipment management and operations, has closed a $30 million Series A funding round led by A.P. Moller Holding. The new investors in the r...

Stake raises $14 million in Series A round led by MEVP

Stake, the real estate fintech platform, today announced that they have raised $14 million in Series A funding round led by MEVP (Middle East Venture Partners), along with Wa’ed Ventures, Mubada...

Saudi robo-advisory firm Abyan Capital secures $18 million in Series A

Abyan Capital, the first robo-advisory company to launch in Saudi Arabia, today announced the closing of a SAR 68 million (USD 18 million) Series A round led by STV with participation from Wa’ed...

Spare closes a $3 million funding round led by Vision Ventures

Spare, the pioneering open banking services provider, announced the close of a $3 million funding round led by Vision Ventures with participation from Wa’ed Ventures, Seedra Ventures, global inv...

Wa’ed Ventures funded Democrance expands into Saudi Arabia

Democrance today announced a bold expansion strategy in the Kingdom of Saudi Arabia following the launch of the company’s Riyadh HQ.

Intella secures $3.4M in pre-series A funding round

Intella, a MENA-based deep tech company, has successfully closed a $3.4 million Pre-Series A funding round that was led by HALA Ventures and Wa’ed Ventures, the Kingdom-focused venture capital fund wh...

Wa’ed Venture co-leads $52 million Series B round for Mighty Buildings

Mighty Buildings, the leader in 3D printing construction technology known for its prefabricated, environmentally friendly and climate-resilient homes, today announced that it has raised $52 million in...