Wamda

Saudi Arabia

Wa’ed pledges $5.9 million to support Saudi entrepreneurs in Yanbu roadshow

Wa’ed, the entrepreneurship arm of Saudi Arabia’s Aramco, has doubled down its financial support to Saudi-based startups,...

Aramco Wa'ed entreprenership

Saudi Arabia

Wa’ed announces $2.7 million budget to support Saudi entrepreneurs during Jubail roadshow

Wa’ed, the entrepreneurship arm of Saudi Arabia’s Aramco, has set aside SAR10.2 million ($2.72 million) in Seed grants and...

Wa'ed Aramco

Saudi Arabia

Wa’ed invests $500,000 in Saudi drone operator FalconViz

Wa’ed, the entrepreneurship arm of Saudi Aramco, has invested $500,000 in Saudi Arabia-based drone operator FalconViz, marking...

falconviz Wa'ed Aramco

Saudi Arabia

Hazen.ai secures follow-on funding from Wa’ed

Saudi Arabia-based Hazen.ai, has received a follow-on investment from Wa’ed, the entrepreneurship arm of Aramco. The startup received...

Hazen.ai Traffic system Follow on funding

Saudi Arabia

Averos receives follow-on funding from Wa’ed Ventures

Saudi Arabia-based Averos, has secured a follow-up investment from Wa’ed Ventures, the entrepreneurship arm of oil giant...

Averos Follow on funding Wa'ed

Saudi Arabia

GetMuv raises $500,000 bridge investment

Saudi Arabia-based health and fitness app GetMuv, has raised a $500,000 (SAR 1.8 million) bridge round from the entrepreneurship arm of...

GetMuv health and fitness bridge investment

Saudi Arabia

Ynmo raises $500,000 seed

Saudi Arabia-based education technology (edtech) platform Ynmo, has raised a $500,000 seed round from the entrepreneurship investment arm...

Ynmo EdTech SAAS

Global

Wahed Invest acquires UK digital banking app Niya

Source: Reuters Wahed Inc, a U.S.-based Islamic-finance fintech startup backed by Saudi Aramco, will acquire Niyah Ltd, a British...

Wahed Islamic economy Aramco

Global

Saudi's Aramco invests in US-based Data Gumbo

Source: Houston Chronicle Blockchain-based tech startup Data Gumbo scored $4 million in a Series B funding round, drawing a second...

Aramco Blockchain

Saudi Arabia

Beyond the headlines: Will the Saudi attacks mark the end of drones?

The drone attacks on Saudi Arabia’s oil fields on 14 September managed to cut the country’s oil production by 50 per cent,...

Drones Drones for good Aramco

Saudi Arabia

Saudi Aramco licenses NOMADD to create waterless cleaning systems

Saudi Aramco entered into a technology licensing agreement with NOMADD Desert Solar Solutions, the Saudi-based startup that commercializes...

Aramco Solar panels NOMADD

Saudi Arabia

How will Saudi’s diversification affect startups?

Just a few days into 2016, Saudi Arabia deputy crown prince Muhammad bin Salman made waves when he said the kingdom was exploring a public...

Wamda2016 Saudi Arabia Aramco

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