Wa’ed Ventures

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...

Wa’ed Ventures leads a $27 million Series A round for Rewaa

Rewaa, the leading full-stack inventory management platform for the retail industry, has raised $27 million in a Series A funding round. The round was led by Wa’ed Ventures, the Kingdom-based VC fund ...

Wa’ed Ventures announces strategic investment in Tenderd

Wa’ed Ventures announced a strategic investment in Tenderd, a startup specialising in AI-enabled technologies for real-time emissions intelligence. The platform provides customers with AI-generated in...

COFE raises $15 million in Series B funding round

COFE, MENA’s premiere online coffee marketplace has announced the successful completion of its Series B funding round, raising $15 million in investment capital. Coming onboard as the lead investor is...

Saudi fintech company Manafa secures SAR 106 million in Series A round

Leading Saudi fintech company Manafa has announced the closing of its Series A round of SAR 106 million (US$28 million) led by STV and Wa’ed Ventures, the venture capital arm of Saudi Aramco.

Saudi-based Zid successfully raises $50 million in a Series B funding

Saudi-based Retail enablement company, Zid, has successfully raised $50 million in a Series B funding led by IMPACT46 with participation from Waed Ventures and Endeavour Catalyst, Global Ventures, Elm...

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