W
Wa'ed Ventures.
🇸🇦 Saudi Arabia · CVC
CVCGCCTech startups including agri-food / sustainability
✓Verified description
Venture capital arm of Saudi Aramco investing across multiple sectors including Food and Beverage and Foodtech. Led Red Sea Farms' $10M round (2021) alongside Global Ventures, KAUST and FII Institute.
Details.
| Type | CVC |
|---|---|
| Country | 🇸🇦 Saudi Arabia |
| City | Dhahran |
| Region | GCC |
| Founded | 2011 |
| Fund size / AUM | ~$270M deployed across 75+ portfolio companies (per Aramco, 2024) |
| Focus area | Tech startups including agri-food / sustainability |
| Sub-focus | Desert agriculture, saltwater farming, industrial biotech, food and beverage |
| Stages | Seed, Series A, Series B |
| Geographic focus | Saudi Arabia + MENA |
| Parent organization | Saudi Aramco |
| Website | https://waed.com |
Notable portfolio.
- Red Sea Farms (now Iyris)