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Saudi Aramco Entrepreneurship Ventures
Saudi Aramco Entrepreneurship Ventures is a fund manager based in Dhahran, Saudi Arabia. It focuses on venture capital investments. The firm is a subsidiary of...
Saudi Aramco Entrepreneurship Ventures
Saudi Aramco Entrepreneurship Ventures is a fund manager based in Dhahran, Saudi Arabia. It focuses on venture capital investments. The firm is a subsidiary of Saudi Aramco.
General information
Firm type
Venture Capital
Year founded
2013
Location
Region
Middle East
Country
Saudi Arabia
City
Dhahran
Corporate office
Dhahran, Saudi Arabia
Frequently asked questions
What is the relationship between Wa'ed and Saudi Aramco?
Wa'ed is a wholly owned subsidiary of Saudi Aramco, established by the parent company in 2011. It operates as Aramco's official entrepreneurship and venture capital vehicle, headquartered alongside Aramco in Dhahran. Its mandate is shaped by both investment considerations and the strategic priority of building a diversified Saudi economy.
Is Wa'ed a financial-return investor or an economic-development vehicle?
It is both, by design. As a wholly owned Aramco subsidiary, Wa'ed pursues commercially viable investments while explicitly advancing the entrepreneurship ecosystem central to Saudi Vision 2030. The March 2023 rebrand that unified its venture capital, lending, and entrepreneurship support under one identity underscores this dual mandate — it functions as an ecosystem builder that is accountable to its corporate parent for both financial and developmental outcomes.
Profile maintained by Altss using OSINT (open-source intelligence), regulatory filings, licensed data partners, and verified direct submissions. Read the methodology. Last updated: . Continuous refresh with full update cycles at least every 30 days.
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