The map·Saudi Arabia·Corporate VCs

Wa'ed Ventures

Aramco's $500M flagship VC fund (Dhahran) + $100M dedicated AI allocation.

What
Equity cheques up to $20M from a $500M fund, seed to growth stage.
Who
Seed to growth-stage startups (lifecycle investor).
Cost
Equity — direct stake taken
Status
Active

Checked · September 2026 · waed.com · How we check ↗

In detail

Wa'ed Ventures is a corporate VC in Saudi Arabia. Aramco's $500M flagship VC fund (Dhahran) + $100M dedicated AI allocation. ~$270M deployed across 75+ companies; cheques up to $20M, Seed to Series C. Targets startups that can localize in Saudi.

Amount
  • $500M fund (expanded 2022)
  • up to $20M per deal
  • $100M early-stage AI allocation (2024)
  • $270M deployed in 75+ startups
Terms
Yes — equity stake
Eligibility
Seed to growth-stage lifecycle investor
Sectors
AI, DeepTech, Robotics, IoT, Cybersecurity, FinTech
Portfolio
  • Iyris (Red Sea Farms)
  • Rebellions
  • Resemble AI
  • Mighty Buildings
Status
Active

Closing soon on the map

Cultural Development Fund (CDF)

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Up to SAR 500,000 non-repayable per project, capped at 20 projects total.
No equity — grant
29 Sep 2026closes

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SAR 100,000 development funding, earmarked rather than paid as cash.
Equity via SAFE, capped at 5%
4 Oct 2026closes

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In-kind support: Doha workspace and housing for a four-week Sprint, talent and investor access.
Equity — 1.5% deferred SAFE-style stake
1 Nov 2026closes

All published deadlines →

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All corporate VCs in Saudi Arabia →  ·  Across the Gulf →

Sources

Primary source · waed.com · LinkedIn · linkedin.com/company/waed-ventures · Checked September 2026