Empowering the entrepreneurs of a new Saudi Arabia


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 75 million SAR in disruptive, early-stage Saudi start-ups that advance digitalization, sustainability and the social welfare of the Kingdom. More


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

Majed Al-Arji

Chief Financial Officer

Muhammad Zeeshan Hassan

Chief Investment Officer (A)

Faisal Al-Qahtani

Chief Operating Officer

Mazen Al-Asnag

Head of Venture Growth

Dr. Sarah Ghaleb

Head of Incubation
Access to the Saudi entrepreneurial ecosystem

Partners for Success


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


"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