# Saudi Aramco Entrepreneurship Ventures

Saudi Aramco Entrepreneurship Ventures is a Venture Capital based in Dhahran, Saudi Arabia.

## Overview

- **Organization type:** Venture Capital
- **Headquarters:** Dhahran, Saudi Arabia
- **Region:** Middle East
- **Address:** Dhahran, Saudi Arabia
- **Founded:** 2013
- **Assets under management:** Undisclosed
- **Website:** waed.net
- **LinkedIn:** https://www.linkedin.com/company/waed-ventures

## Regulatory record

- **Reports private funds:** No

## About

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.

## 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.

## Related profiles

- [Saudi Arabia General Investment Authority (SAGIA)](https://altss.com/profile/saudi-arabia-general-investment-authority-sagia)
- [Saudi Electronic University](https://altss.com/profile/saudi-electronic-university)

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Last updated: 2026-06-03T20:00:00.000Z

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