Wa'ed

Empowering the entrepreneurs of a new Saudi Arabia

Portfolio
The Wa’ed 2021 Entrepreneurship Roadshow
Six cities across Saudi Arabia, Sept 6 to Dec 6
A national talent search for the best start-ups
Apply Now

Created by Aramco in 2011 to ignite the spirit of entrepreneurship in Saudi Arabia, Wa’ed is an essential enabler of business transformation and economic diversification in the Kingdom, providing loan financing, venture capital investment and incubation services to game-changing start-ups.

Why Wa'ed

We Provide

Venture Capital

Wa’ed Ventures invests up to 19 million SAR in disruptive, early-stage Saudi start-ups that advance digitalization, sustainability and the social welfare of the Kingdom. More

Loan Financing

Wa’ed is one of the Kingdom’s few no-collateral lenders (up to 5 million SAR) to Saudi entrepreneurs and a major driver of the Kingdom’s smart industrial revolution. More

Incubation

Wa’ed is a leading mentor and trainer of Saudi’s entrepreneurs, providing incubation, workspace and go-to-market services to turn brilliant ideas into compelling businesses. More

Executive Team

Meet the Team

Fahad Al-Idi

Managing Director

Raed Al-Bakawi

Chief Operating Officer

Majed Al-Arji

Chief Financial Officer

Salman Jaffrey

Chief Investment Officer

Mazen Al-Asnag

Head of Loan

Dr. Sarah Ghaleb

Head of Incubation

The Wa'ed 2021 Entrepreneurship Roadshow

Six cities across Saudi Arabia, Sept 6 to Dec 6
A national talent search for the best start-ups

Apply Now
Access to the Saudi entrepreneurial ecosystem

Partners for Success

WE BRING SAUDI ENTREPRENEURS TO MARKET

Wa'ed Heroes

Red Sea Farms

“We are proud to have designed, developed and delivered one of the world’s most sustainable agricultural systems from our base in Saudi Arabia.” Ryan Lefers, CEO and co-founder of Red Sea Farms.

  • Sector Sustainability
  • Funding Type Venture Capital
  • Investment Date 2021

Sedra Medical Bio-Media

“Now Saudi women are encouraged to pursue their dreams. My message is: Never give up and one day your dream will come true.” Sara Aljishi, CEO and founder of Sedra Medical Bio-Media.

  • Sector HealthCare
  • Funding Type Loan financing
  • Investment Date 2020

Rewaa

"Wa’ed was a huge help. I was able to refine the concept and make it simpler, and put together a credible business model, and got an opportunity to pitch to investors." Mohammed Alqasir, left, CEO and co-founder, Rewaa.

  • Sector Information & Communications Technology (ICT)
  • Investment Date 2018
  • Funding Type Incubation